Veefin SCF allows flexibility to sanction and set limits on Manufacturer-Distributor pair or to set limits individually at a manufacturer or distributor level.
Seasonal Limits to automatically allow for additional limit availability during peak or festive periods can be built into the system
Customizable Interest parameters
Customized Multi-tier interest rates for regular and peak limits, Interest Sharing and Interest posting intervals aligned to Financial Institution’s sanction terms
Alerts prior to Loan Disbursal
Automated Key triggers to alert in case of unusual disbursal requests such as invoice value being higher than maximum invoice value till date, or disbursal request is higher than monthly average disbursal drawdown to mitigate fraudulent drawdowns
Sellers’s ERP systems can be integrated directly to pull invoices against distributers funded directly to the financial institution to automate financing process