LivFin makes a short term payment on behalf of the anchor to a supplier, this aids the anchor to purchase goods from the suppliers and sell it to the relevant customers. LivFin gets the money back from the anchor on the due date. We use a technology platform which enables collateral free finance for purchase orders issued by anchors.
Purchase invoice financing or purchase invoice discounting allows small and medium anchors to fill new purchase orders through early payment of approved invoices.
Most small and medium anchors in India operate on very tight cash-flow margins. If new orders are received at a time when there is not enough funds available, the business not only stands to lose the order but also their hard earned credibility. This is where LivFin’s invoice finance services come into play, we aid business owners in the need of immediate cash to service their orders and keep their supply chain running smoothly.