Has several alternative schemes that can be tailored to customer needs
Fast and easy process
SCF Scheme
SCF comes in 3 schemes, namely Payable Financing, Supplier Financing, and Distributor Financing
Benefits and Goals
Payable Financing
Accelerate receipt of Supplier receivables as Seller by taking over invoices without recourse by taking advantage of Principal credit risk as a better Buyer. Invoices that can be taken over are invoices that have been accepted.
With the Supply Chain Financing facility of the Payable Financing scheme, Suppliers can receive bill payments on invoices that have been taken over by discount earlier / faster when compared to the due date of bill payments by the Principal
Supplier Financing
Accelerate receipt of Supplier receivables as Seller by financing invoices. Invoice that can be funded is the invoice that has been accepted.
With the SCF facility, Suppliers can receive early / faster payment of invoices, which when compared to invoice payments by Principals at maturity. However, for this Supplier Financing scheme facility, the payment that will be received by the Supplier is only partially. The rest will be paid when the invoice is due.
Distributor Financing
Provision of Supply Chain Financing facilities for the Distributor Financing scheme for Distributors as Buyers who already have cooperation based on a contract that has been agreed with the Principal as the Seller.
This facility is a financing facility used for bill payments to Principals. The bank will disburse / withdraw credit to finance a portion (maximum 80%) of the accepted invoice value, while the remaining shortfall is self-financing from the Distributor.