Distributor Finance is a revolving working capital facility for distributors of local and multinational FMCG products. The facility offers distribution businesses to make procurement from suppliers. It also allows distributors to enjoy 100% payment support for every purchase made from appointee suppliers.
Benefits of Distributor Finance:
- Ensures availability of fund for procurement - Serves as payment assurance to suppliers of a distributor - Allows distributor to control interest expenses - Frees up time to accentuate business expansion - Faster loan processing - Collateral free loan limit (conditions apply) - Helps to maintain satisfactory relationship with suppliers - Make advance payment for procurement from suppliers on regular basis
Features of Distributor Finance
- Facility to support 100% procurement from supplier - Daily basis interest calculation - Financial transaction with supplier done by United Finance - Built in stock insurance over inventory - Flexible credit period based on cash cycle of distributorship business
Services with Financing Package:
- Direct payment processing to supplier - Uninterrupted support for working capital requirement - SMS Alert Service for every transaction - Dedicated service team for support and assistance