Supply Chain Banking
A holistic approach that provides value added services and financial opportunities
YES BANK partners with corporate clients (anchors) to provide liquidity support for their vendors and dealers thereby providing greater financial control and enhancing value chain relationships.
Vendor Finance : This program finances receivables of Vendors from Corporate clients and enables timely availability of funds and cash flow management for the vendors.
Dealer Finance : This program finances purchases of Dealers from Corporate clients and meets the working capital needs by providing additional liquidity to dealers. Under this program a revolving line of credit is provided to dealers and payment is restricted to approved Corporates only.
Operational ease and efficiency in transactions
Transactions processed on real time basis
Simple documentation process and quicker approvals
Steady and cheaper source of Working Capital financing
Additional facility for Dealer which increase liquidity for increased off-take
Channel partners may be able to increase profitability by availing cash discounts from Anchor Corporate.
Flexibility of scheduling payments – part-payment, pre-payment options
Standard Overdue / Bill / Utilization / Interest reports provided to corporates, dealers and vendors on real time basis
View our hosts of other benefits
View our hosts of other benefits:
Audited P&L and balance sheet along with tax audit reports for Last 3 years
Constitution deeds (Article of Associates, Partnership Deed etc.)
Last 3 years IT returns of Dealer and promoters/guarantors
Bank statement for the last 6 months - not older than 3 months
AOF and KYC documents as applicable
Details of all borrowings from Banks/NBFC etc.
Signed and accepted Sanction Letter
Execution of Loan Agreement
Undated cheque for recourse
Personal Guarantee of the Proprietor /Partners / Director
DP Note, DP Letter, Letter of Continuity
Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much moreRead More