BD Finance offers Revolving Finance facilities to qualified clients. This facility provides liquidity for company’s day-to-day operations. Using this facility, a client can enjoy a larger credit limit with flexible terms and enjoy excellent service while managing cash flow more efficiently and also allows imposing limits on cash discount, bad-debt losses, and opportunity costs. It is a customized credit facility, specifically designed for the companies with seasonal activity, which need to cover their temporary liquidity gap, until the collection of receivables.
Salient Features:
- Simplicity of documentation and approval procedures
- Provides 100 percent loan facility of approved limit
- Usually for a tenure of 30 to 180 days credit period matching with cash conversion cycle
- Instant payment through bank fund transfer/ CQ when required
- Steady source of working capital finance
- Increases purchasing power of channel partners
- Improve cash flow of the business
- Avail cash discount & opportunity cost
- Expand current business portfolio
