Anchor and Spoke
Anchor
An “Anchor” is a manufacturer or supplier and has entered into an agreement with the lenders to leverage the opportunity of finance for itself and its channel partners in place of maintaining regular cash flows.
Spoke
A “Spoke” is a stakeholder of supply chain i.e. buyer, supplier, dealer etc, without whom financial transaction can’t be fulfilled and has been recommended by the Anchor and approved by the lender.
How To Avail
Invoice Financing
01
Apply For Invoice Financing Online
Upload your KYC, Business Owner Documents and Business/Residential Documents and check your eligibility
02
Easy Approval Process
The documents shall be verified from the experts and an approval will be received within 48 hours of submission
03
Final Step- Loan Disbursal
The loan disbursal shall be made after a few hours of approval.
With our eligibility calculator
Check your EligibilityDocuments Required for Invoice
Financing
For KYC
- ID Proof
- Aadhar Card
Income Proof
- ITR of minimum 2 years
- Business turnover
Business Documents
- Business Address
- Bank Statement
- GST Certificate
Features
- Need-based instant & hassle-free Credit
- Working Capital Optimization
- Credit is available at the doorstep from anywhere
- Better Optimization of Collateral Securities
- Prompt payment against unpaid invoices
- Reduced early payment requests
- Interest to be paid for usance period only
- Customized tenure/ repayment frequency
- Easy Reconciliation