Working Capital financing generally involves financing of short term working capital needs of our customers to support their cash flows for efficient operations. It is normally availed over a tenor of one year or less and with or without structured payment. Our Working Capital financing generally covers the following financing types:

  • Overdrafts to augment our customers’ cash flows or finance cash flow deficits, and is payable on demand from operating cash flows.
  • Receivables financing to improve the cash flows of our customers, and is payable upon collection of receivables.
  • Stock financing for purchase of stocks for sale, and is payable from sales proceeds.
  • Pre-Shipment Advance extended to exporters to enable them purchase items for export, and is payable upon receipt of export proceeds.