The sell side - supply chain of the Top Indian Companies comprises of the corporate supplying to channel partners for further sale to customers. Corporates have a long standing relationship with these channel partners and also constitute a major proportion of their overall business turnover.
IndusInd Bank provides working capital finance to the channel partners of the top corporates through its channel finance product. Under this solution, IndusInd can structure tailor-made solutions and offer the financing option to channel partners based on "Partnership Approach" with the corporate. A simplified channel finance solution is as follows:
Step1: Supply of goods from corporate to channel partner.
Step2: Advise to IndusInd Bank to make payment for the purchase.
Step3: Payment by IndusInd for goods purchased by channel partner.
Step4: Repayment by channel partner to IndusInd Bank as per facility term.
Channel Finance Benefits to Corporate:
Channel Finance Benefits to Channel Partners:
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