Early
Payment
Platform
The program facilitates early payment of approved invoices for the suppliers of Ashok Leyland Ltd.
THE CREDABLE ADVANTAGES
Off-balance-sheet Non-recourse Facility
(collateral-free)
No Hidden
Costs
Costs
(e.g., processing fees, platform charges, etc.)
Digital Onboarding Process
Dedicated
Relationship Manager
Relationship Manager
(for query resolution or support)
H0W IT WORKS
STEP 1
Supplier registers through an easy onboarding process with NIL documentation.
STEP 2
Ashok Leyland Ltd. shares all approved invoices.
STEP 3
Supplier can pick Invoices they want to discount and place a bid for the same.
STEP 4
Supplier will receive the payment in the designated bank account on the selected payment date.
OUR PRODUCTS
Pre-Shipment
Financing
Pre-Shipment
Financing
With this pre-shipment financing solution that is based on the occurrence of 'billable' events, you can minimise your capital constraints and bridge payment gaps.
Purchase Invoice
Discounting
Purchase Invoice
Discounting
It is a type of financing where your business can receive cash advances on your outstanding purchase invoices from your customers. This type of financing can help you improve your cash flow and access working capital without having to wait for payment from your customers.
Export
Finance
Export
Finance
Your business can reach its maximum potential by accessing multiple credit facilities for exports.
Warehouse
Financing
Warehouse
Financing
You can transfer goods or commodities to a designated warehouse to serve as collateral for funds and access affordable capital at favourable terms.
Unsecured Business
Loan
Unsecured
Business Loan
You can apply for an unsecured business loan at competitive rate of interest and grow your business the way you always wanted to.
Demand
Loan
Demand
Loan
You can access credit on-demand with ease and convenience. You get instant short-term loans backed by your cash flow where you only pay interest on the amount borrowed.
HEAR FROM OUR CLIENTS
“
CredAble has been instrumental in helping us meet our working capital requirements. I for one would definitely recommend all vendors in the textile space who are facing working capital problems to give CredAble a shot.
-- AV Apparels
CredAble has helped us immensely with shortening our working capital cycles. In the past two years, we have grown in terms of how we manage our finances and how we divide our resources amongst all four verticals. We were able to take advantage of several business opportunities that presented themselves during the pandemic, and it’s all thanks to the liquidity that CredAble was able to provide us with.
-- Panchanan International Private Limited