Startups | Venture Capital | Angle Investing | Loans | IPO | Smart Investments
Startups | Venture Capital | Angle Investing | Loans | IPO | Smart Investments
Anchor led. Pre-Shipment Finance.
Finance backed by Purchase Orders issued by Anchors. Collateral free borrowing for suppliers of all sizes.
Large gap for suppliers between receiving orders and having invoices accepted for discounting
Long cash-to-cash cycles of 60-90 days choke cash flows and make it hard for businesses to grow
Borrowing through formal channels without collateral is difficult for most suppliers
HOW it WORKS
STEP 1 Evaluation
We evaluates, onboards and sets up individual credit limits for suppliers for an agreed tenor
STEP 2 Raising of Purchase Orders
Anchor raises Purchase Orders on suppliers and shares the POs with us via SFTP server
STEP 3 Payment Request
Suppliers to request for funds against the POs shared with Us
STEP 4 Early Payment Made
We along with third-party capital providers to fund the escrow account of the suppliers and onwards to the suppliers’ vendors
STEP 5 Raising of Invoice
Suppliers to raise invoices with underlying approved POs post the delivery of goods or service
STEP 6 Anchor Payment
On due date, the Anchor to pay the gross invoice amount in the escrow account. We will transfer the apportioned portion to the capital provider and balance to the supplier
