Surya Golden Fortunes (P) Ltd.
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Our Channel Partnerships Dealer Finance |
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Written by Administrator
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Sunday, 19 October 2008 18:20 |
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Our Channel Partnerships Dealer Financing schemes offer short-term unsecured finance at reasonable cost to selected dealers of large corporates, extended for procurement of goods from corporates. These are commonly available on a non-recourse basis, with corporate recourse available by way of First Loss Deficiency Guarantee in some cases. The corporate provides non-financial comforts like Stop Supply Letter, Assistance in Recovery & Resale while all payments due to dealer are to be routed through our accounts. Dealer financing can be structured as a Bill Discounting or Overdraft Facility. Term facility can also be structure to help the dealers/franchises assets which are required for delivering the corporates' products (e.g. vending machines). |
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