Our Solutions
Payable Finance
Payable finance allows vendors to obtain early payment of their dues from dedicated lenders. It is a buyer-led programme where the funds are provided based on the credit risk of the buyer/anchor.
CashnTech allows vendors to connect with suitable lenders who would help them clear their invoices before their due dates. Once an invoice is sent from a vendor to an anchor, the vendor uploads the same to CashnTech. On approval of invoice by the anchor on the CashnTech platform, the vendor now has an option to receive payable finance by making a request to receive early payment for the invoice.
As per the credit rating associated with the anchor, the lender would assess the request, approve it, deduct a specific percentage of discount, and deposit the balance in the vendor’s account. On the due date, the anchor would be required to make full payment of the invoice to the lender as per the initial agreement.
Receivable Finance
Receivables finance allows anchor enterprises to get their accounts receivables funded from designated lenders. This helps them keep their cash flow intact by funding their working capital needs.
CashnTech helps anchor enterprises get their accounts receivables discounted by dedicated lenders on a centralized and transparent cloud-based platform. It provides them with a more fruitful way of getting funded as compared to traditional factoring and conventional business loans.
Anchors can upload their invoices on the platform, requesting the lenders to get them funded. The lenders would assess the accounts receivables, deduct a percentage of discount, and deposit the balance to the anchor’s account. On the due date, the lenders receive the full invoice amount as per the initial agreement from the anchor’s customers.
Dealer Finance
Dealer finance is a solution offered to anchor enterprises which is similar to receivable finance. This solution is restricted to the transactions taking place between an anchor and the dealer. It helps anchors receive early payment from dedicated lenders for the amount due from their dealers.
CashnTech allows anchors to upload invoices of their transactions with their dealers on the platform. Here, the anchor can select an invoice they need funding against and request lenders to do the needful.
The lenders would then analyse the request and process it. Once approved, the lender would deduct a percentage of the discount and deposit the balance in the anchor’s account. On the due date, the lender would receive the full invoice amount from the concerned dealer.
Channel Finance
Channel finance is the financial support offered to distributors, helping them get funded for the invoices drawn out to the retailers they deal with. It allows distributors to keep their cash flow going and tend to their financial needs by getting early payment of their dues.
CashnTech helps distributors upload their invoices on the platform and request lenders to help them get funded. The lenders make the necessary assessments, deduct their discounts, and transfer the balance to the distributors’ accounts.
On the due date as per the invoices, the lenders would collect the complete invoice amount from the payment made by the retailers.
Dynamic Discounting
Dynamic discounting is a financial arrangement between an anchor and a vendor where the vendor can obtain early payment of their dues at a specific discount. The arrangement is called dynamic discounting because the rate of discount offered differs for different circumstances and time periods. In most cases, the earlier the anchor makes the payment, the bigger the discount deducted.
CashnTech provides both vendors and anchors with a centralized digital platform to undertake dynamic discounting.
Without any involvement of a lender, the platform offers complete transparency of the process and provides a comprehensive view of the transaction to both parties involved.
When an anchor receives the invoice sent by a vendor, the same is approved and uploaded to CashnTech. Now, the discount rate is negotiated and set as per the agreement between the two parties. If the vendor asks for early payment for the invoice at a discount, the anchor processes the request, deducts the pre-decided discount, and transfers the balance to the vendor’s account.
Pre-shipment Finance
Pre-shipment finance is the financial aid offered to the vendors before they ship the goods to the anchors. It provides financial security to the vendors, helps them incur pre-shipment expenses, and feeds their cash flow by receiving an early payment for their dues.
CashnTech allows vendors to upload their invoices regarding the goods to be shipped on the cloud-based platform. They can then request lenders to fund their invoices before the goods are shipped.
Upon receiving the request, lenders assess the same, deduct their charges, and transfer the balance to the accounts of the vendors. Once the goods are shipped, the lenders would receive the complete payment for the consignment directly from the anchors.
PO Based Finance
As the name suggests, PO-based finance is the financial support provided to vendors against the purchase orders sent to them by the anchors. It helps them fund their cash flow and allows them to incur relevant expenses before the transportation of goods.
CashnTech provides a centralized platform to all parties involved where the anchors can raise purchase orders and upload them on the portal. If the vendors want early repayment against the POs, they can request the same through the platform. The lenders would then make assessments, deduct their charges, and transfer the balance to the vendors’ accounts as per the POs.
Once the goods are delivered to the anchors, vendors would raise final invoices which are uploaded on CashnTech for final payment. On the due date, the anchors pay the complete invoice amount directly to the lenders. If the invoice amount is more than the purchase order, the lenders would transfer the balance back to the vendors.
Deep Tier Finance
Deep-tier finance is the financial arrangement where the needs of all the suppliers in a supply chain are catered to. Instead of a select few tier-1suppliers being able to receive financial aid, deep-tier finance makes sure that even tier-2 and tier-3 suppliers operating at the bottom of the supply chain can receive early payments to fund their working capital needs.
CashnTech provides suppliers across all tiers with an opportunity to get funded without collateral
who would otherwise have to wait for a long time until their invoices are cleared. Here, tier-1 suppliers provide financial aid to the tier-2and tier-3 suppliers out of the un-utilized funding amount available with them. CashnTech helps suppliers throughout the supply chain fund their working capital needs while ensuring that the invoices of the next tier of suppliers do not exceed the available invoice value for discounting or the due date of the previous tier’s invoice.