Funding To Vendors and Corporates
MtlexsSpot aims to solve the funding problem of MSME Vendors with a unique method by tying up with Digital Platforms (with Intelligent Algorithms) to arrange funds for Small & Medium Enterprise through Factoring Services within a very short period.
The advantage to the corporates is that Mtlexs will work with all their vendors (typically a Big Corporate will have 250+ vendors) and negotiate cash discount (in return of early payment) for the corporate.
Benefits for the Corporate Buyers
• Saving on procurement cost through improved negotiation of financing terms for suppliers. Contact us to avail Bulk Discount
• Saving on finance costs by extending credit period
• Off Balance Sheet transaction
• Digital Platform - Lower administration cost for vendor financing, payments and settlements
• Extended Credit Period for Payables
If you are supplying to any reputed corporates, we can provide you funding without any hassels.
Benefits for the Vendors/ Suppliers/ MSME units
• Increase in business with availability of liquid funds
• Easy, fast working capital finance at cheaper interest rates.
• Without recourse/ non-collateral based finance
• Off balance sheet finance - sale of receivables
• One time documentation, no need to engage with multiple banks
• Lower Cost of Financing.