Unlock cash flow while you wait to be paid.

 

Keep your business moving. We provides fast, flexible funding so you can deliver products or services as agreed, even before your customer pays. This protects your cash flow and keeps operations on track.

 

While you await payment from counterparties, our financing solutions help you meet obligations, take on new work, and grow with confidence.

Why choose Invoice Discounting/Local Purchase Order/Contract Financing

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Facility is available to both account holders and non-account holders of the bank

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Quick turnaround time from application to disbursement of funds

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Competitive interest rates compared to the market

Eligibility / Documents Required

  • Account statements for the preceding 12 months
  • Credible counter parties
  • Applicant should not fall under the bank’s list of prohibited business
  • Proof of at least two other running contracts
  • Proof of relevant experience of having completed 5 other such projects/contracts.
  • Account should not have unauthorized overdrawn or unpaid credit over the last six months
  • An SBM account (You need not to have been an account holder for 6 Months)
  • All other terms and conditions apply

**Pricing: as per bank tariff (Click to Access Tariff)

Rates & Fees

  • 1% per invoice / LPO / Contract value

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Invoice Discounting and Local Purchase Order Contract Financing