Anchor led. Pre-Shipment Finance.

Finance backed by Purchase Orders issued by Anchors. Collateral free borrowing for suppliers of all sizes.

THE CASE FOR PURCHASE ORDER FINANCING

01

 Large gap for suppliers between receiving orders and having invoices accepted for discounting

02

Long cash-to-cash cycles of 60-90 days choke cash flows and make it hard for businesses to grow

03

Borrowing through formal channels without collateral is difficult for most suppliers

How CredAble Works

STEP 1

Evaluation

CredAble 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 CredAble via SFTP server

STEP 3

Payment Request

Suppliers to request for funds against the POs shared with CredAble t

STEP 4

Early Payment Made

CredAble along with third-party capital providers to fund the escrow account of the suppliers and onwards to the suppliers’ vendors

STEP 5

Raising of Invoices

Suppliers to raise invoices with underlying approved POs post the delivery of goods/service

STEP 6

Anchor Repayment

On due date, the Anchor to pay the gross invoice amount in the escrow account. CredAble to transfer the apportioned portion to the capital provider and balance to the supplier

Benefits of Purchase Financing program