HDFC Bank pays for the cost of your goods directly to your supplier and frees up your cash for other critical business expenses. In other words it helps you business by way of structured purchase order finance.
Funding provided for 45 to 90 days against confirmed purchase orders from acceptable customers.
Limits set up based on working capital cycle to execute the order. Upto 70% of the value of the purchase order would be funded upfront
Facility to be liquidated from the cash flows accruing from the execution of the order, i.e. through bill discounting or through invoice financing.
An upfront commitment taken from purchasing corporate to route all payments through HDFC Bank
