|

Distributor Financing (Vendor
Financing) and Letter of Credit Discounting
Distributor Financing (Vendor Financing)
Distributor financing works as an important
link in the supply chain management function. Under this
arrangement, the factor sets a limit on the dealers in the
seller’s network with an overall limit on the seller. The
factor provides financing and collection services within this
periphery of the limits sanctioned.
Letter of Credit Discounting
LC Discounting entails discounting of LCs of prime banks
within India and of First Class European Banks in case of
overseas LCs. This includes financing up to 90% and collection
services.
For Additional
Information:
www.gtfindia.com |