Working Capital Finance
Working Capital financing generally involves financing of short term working capital needs of our customers to support their cash flows for efficient operations. It is normally availed over a tenor of one year or less and with or without structured payment. Our Working Capital financing generally covers the following financing types:
- Overdrafts to augment our customers’ cash flows or finance cash flow deficits, and is payable on demand from operating cash flows.
- Receivables financing to improve the cash flows of our customers, and is payable upon collection of receivables.
- Stock financing for purchase of stocks for sale, and is payable from sales proceeds.
- Pre-Shipment Advance extended to exporters to enable them purchase items for export, and is payable upon receipt of export proceeds.