Channel Financing

Channel Finance is a working capital facility to finance channel partners of a manufacturer like distributors, dealers, or buyers for the purchase of goods or services. It helps sustain a seamless supply chain flow. It is an innovative product to extend working capital finance to suppliers and dealers having business relationships with large corporates. Channel financing makes access to capital easy and affordable.

With Channel Financing, you can leverage the opportunity to improve your relationship with your channel partners, optimize your business liquidity, and relieve your cash flow stress.

Here are the features and advantages of Channel Financing:

• Collateral-free finance: The first, foremost and the best thing about channel finance is that one doesn’t need to think about collaterals opting for channel financing. We provide funds against unpaid invoices. This helps make the funding process fast and simple.
• Quick payment process: Sellers can receive immediate payments and buyers can get the products on time without worrying about their cash flow.
• Improves work efficiency: As we assume the risk, the buyer/distributor can focus on high-value tasks instead of just chasing behind the payments and verifying the customer’s creditworthiness.
• Easy process: The entire process of execution channel finance is relatively easy. The documentation requirement is minimal and the process is simplified. This allows businesses to access capital quickly.

Applying is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. You may also securely share your banking details so we can assess your business without you filling out lengthy forms, waiting in line, or having to dig up old documents.

We need your

1. Pan card of proprietor/partners /directors and the enterprise
2. Aadhaar card of proprietor/Partners/directors and Udyog Aadhar/Udyam certificate of the enterprise
3. Latest address proof of proprietor/partners/directors and the enterprise
4. Business registration proof / GST details
5. Bank statements for the last six months
6. Last two years Ledgers of regular customers /corporate suppliers
7. Latest two years’ financials

• Yes – If you are a dealer/distributor of a large manufacturer/service provider with a satisfactory credit history.

  Yes – If you are a manufacturer/service provider with regular customers with whom you have a long-term relationship and a clean credit history.

  Yes – If you are a dealer/distributor to a reputed brand/manufacturer and facing cash flow issues.

• Our AI-led Rule Engine suggests the product best suitable to you after an exhaustive evaluation of your credit profile.
• We negotiate the best possible deal and Rate of Interest on your behalf so that you get the best deal.
• Our loans/products are flexible and customized to your need.

• We also offer comprehensive digital solutions and end-to-end support for seamless digital transactions.
• We provide the opportunity to select from multiple lenders – without actually applying to all of them.
• Our AI-led Rule Engine suggests loans best suitable to you after an exhaustive evaluation of your credit profile.
• We negotiate the best possible deal and Rate of Interest on your behalf so that you get the best deal.
• Our loans are flexible and customized to your need.

• We negotiate the best possible deal for you, basis your credit profile. We also structure the best possible repayment terms for you. Generally, the interest rate starts from Rs. 40 per day per lac or 1.25% per month, calculated on a reducing balance.
• One-time processing fee of up to 2%

Our Channel Finance solutions are unsecured and we do not insist on any collateral as security.

Apply for Channel Finance online at www.flexipayment.in

These facilities are generally for one year – wherein you can get any number of invoices discounted. The facilities get renewed/reviewed at the end of 1-year tenure.

Flexi Payment offers Channel Finance solutions for manufacturers or traders, service providers and retailers having business relations with the manufacturer.

To qualify for Channel Finance facility, meet the eligibility criteria given below:

• Your business needs a minimum operational history of 3 years with valid business proof.
• You must be an Indian resident.
• Your age needs to be over 21 years.
• You need to have a valid Indian bank account.
• Business & personnel KYC details
• Satisfactory banking conduct for at least for latest six months (Current/ CC / OD Account)