Supply Chain Solutions & Advisory
KBZ is your partner in helping you optimisation of your business working capital in both domestic and international supply chain process. We invite you to explore our comprehensive range of supply chain finance solutions in greater detail.
Service Description
- Invoice Financing – Purchase is a short-term facility to finance the buyer (“borrower’s”) for the purchases of goods on an open account basis. This service is eligible for both pre-shipment and post-shipment of goods.
- Corporate is required to apply for IF-P facility.
Service Benefits
- To accommodate the borrower’s funding needs.
- Able to benefit from pricing negotiation with the seller due to early payment.
- Faster payments to the supplier help to build up stronger buyer-supplier relationships.
Documents Required
1. Invoice Financing – Purchase application form
2. Sales Contract and or pro-forma Invoice
3. Original Import License issued by Department of Commerce (or) Non-License undertaking with company letterhead
4. Copies of shipping documents after goods shipped.
Service Description
- Invoice financing -Sales is a short-term facility to finance the seller/exporter on its account receivables from the sales of goods on an open account term before the buyer makes payment on maturity date.
- Corporate needs to apply for the IF-S facility.
Service Benefits
- An exporter can access advanced funds after shipment of goods to enhance operational liquidity
- Eligible for post-shipment financing
- Accommodate both foreign currency and local currency sales
Documents Required
1. Invoice Financing – Sales application form
2. Copy of Invoice
3. Original Export License issued by Ministry of Commerce (or) Non-License undertaking with company letterhead
Service Description
KBZ Supply Chain Finance – Payable is a simple and efficient solution that enhances payment processing, improves customers’ working capital, and assists suppliers in obtaining financing. It also offers new business opportunities to support sustainable growth.
Business Services
KBZ Supply Chain Finance – Payable is available on a single web-based platform and sellers or buyers can upload invoices as photos on the SCF Platform.
After the buyer will then authorize the next steps, sellers can receive a discount on the invoice before it is due by paying a reasonable bank interest rate.
Upon invoice due, sellers can cash-out the full value at the beginning of the day. Buyer can experience seamless financing options for the invoices, even beyond the due date.
Product Features & Pricing
| Buyer's Benefits | Supplier's Benefits |
|---|---|
| Eligible Customers : | Large Corporate Buyers with multiple suppliers |
| Facility Tenor: | One Year (Renewable) |
| Short Term Financing Tenor: | Maximum tenor up to 120days |
| Invoice Discounting Tenor: | Minimum 7 days to Maximum 180 days |
| Invoice Discounting Amount: | Maximum discount amounts up to 100% of Invoice Value |
| Facility/Commitment Fees | Negotiate |
| Interest Rate (Short Term Financing) | Negotiate |
| Bill Discounting Fees | Negotiate |
| Late Fees | Negotiate |
| Portal Registration Fees | 50,000 MMK |
Buyer & Supplier Benefits
| Efficient cash flow management | Improve Cash Flow |
| Stronger relationships with suppliers | Stronger Relationships with Buyers |
| Enhanced purchasing power | Receive Timely Payments |
| Established banking relationships | Advanced Fund receives before maturity |
| Greater market competitiveness | Financing with reasonable Bank Interest Rate |
| Access to new suppliers | Entry into New Markets & Extend your business |
| Stable supply chain operations | Unsecured Financing Solutions |
| Extended credit term opportunities | Reducing Non-Payment risks |
| Streamlined supplier payment processes for buyers | Establish relationships with bank |
Required Documents
1.Updated Company Extract together with shareholder details of company
2. A cover letter for a credit application mentioning the amount and purpose of the financing required
3. BOD’s meeting minutes
4. Company Profile
5. Last three-years audited financial report and income tax receipt
6. Next one-year Business Plan
7. Suppliers List, Last year sales & purchase volume
8. Payment term of each supplier
Contact Us Today
Call Us Now
+95 1 2307169, +959 455832464