Supply Chain Finance

Overview

Financing Every Link in the Chain!

Askari Bank’s Supply Chain Finance offers smart, convenient, and customised working capital solutions for SMEs working within the value chain of large corporate entities. By partnering with these corporates, the Bank provides tailored financing facilities that benefit the entire network from suppliers to distributors. This includes Reverse Factoring/Invoice Discounting for suppliers and Distributor Financing for distributors, ensuring smooth cash flows, better liquidity, and strengthened business relationships. Through Supply Chain Finance, Askari Bank enables SMEs to grow with confidence while supporting corporates in building a more resilient ecosystem.

Strengthen your value chain with Askari Supply Chain Finance. Connect with us today.

Key Features

Askari Bank Limited (AKBL) Supply Chain Finance is an Anchor based financing solution for Dealers or Suppliers of the Anchor
Financing at discounted pricing with softer security structure*
Swift transaction processing available through Digital Platform

Key Features*
Facilities offered	(i) Distributor Finance (ii) Reverse Factoring
Clients	All Recommended Distributors or Suppliers of the Anchor with minimum business relationship of 2 years with Anchor
Business Age	Borrower should be operating as a Going Concern for at least 3 years
Nature of Finance	Short Term Finance (Conventional or Islamic Mode)
Financing Amount	Distributor or Supplier can avail a 1-year revolving limit of up to Rs.250 Million (depending on business segment)
Limit Eligibility	For Dealer Finance: Up to 25% of average annual purchases from Anchor in last 2 years For Reverse Factoring: Up to 25% of average annual sales to Anchor in last 2 years
Pricing	Market based Discounted pricing under Anchor Program
Tenor	up to 180- days (maximum)
Security	- Registered Hypothecation of Current Assets - Personal Guarantee(s) - Post Dated Cheque - Any other security Askari Bank may require

Terms and Conditions apply *

Facility is subject to adherence with all applicable Rules and Regulations including Prudential Regulations and Askari Bank’s internal policies.

To view Frequently Asked Questions related to Supply Chain Finance, please click here

Benefits for Corporate Partner/Anchor

Comprehensive solution addressing all financing, collection and payment requirements throughout the supply chain network
Enhancing partnerships with value chain stakeholders by providing customized financing options.
Facilitating working capital optimization and growth strategies by improving cash flow for suppliers and distributors.
Adjust or enhance your credit terms to meet industry standards.
Reduce collection challenges, shorten transaction times and increase efficiencies through the digitization of payment processes.
Swift transaction processing available through Digital Platform.

Benefits for Suppliers

A flexible early payment solution with favorable terms and rates determined by the relationship with the corporate Anchor.
Increases capacity by enhancing liquidity.
Streamlined documentation and efficient processing times with speedy access to funds.
Transparent and efficient way of generating, tracking and settling approved invoices.
Access to all MIS through an interactive dashboard i.e. summary reports, key metrics and invoice payment updates.
Swift transaction processing available through Digital Platform.

Benefits for Distributors

Customized financing options featuring flexible terms and competitive rates for corporate inventory acquisition.
Opportunity for additional credit contingent on the strength of relationships with key partners.
Simplified documentation process with expedited processing times.
Facilitates capacity growth and enhances liquidity.
Enhances cash flow forecasting for better inventory management.
Optimizes the payment cycle by consolidating to a single banking institution.
Access to preferred banking services through the nation wide branch network.
Swift transaction processing available through Digital Platform

No documents available.