Channel finance: Improving process efficiency & convenience
Our channel financial service is offered in association with leading foreign and private sector banks in the country and consists of providing online finance to the distributors / dealers of leading companies. The objective of our channel finance service is to enable client organization to sell to their Distributors / Dealers on cash basis and eliminate debtors from the books altogether.
What we have achieved till now?
total online finance arranged
300 partners spread across India
100% cash sales by clients
300 basis points decrease in interest rates
How will you benefit?
As a seller
As a distributor/dealer
IT PAYS TO BE LOYAL!
Get MetalJunction loyalty points everytime you avail finance from us. Redeem them for loads of exciting products: diamond jewelry, cellphones and more...
Interested? Contact us!
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The TATA Steel Story
1Sales order is created in the TSL SAP system
2Data is automatically transferred to the MJ website via FTP
3The distributor logs finance request in the MJ site against sales order
4MJ sends finance requests to banks. When approved, data appears on TSL SAP and goods are dispatched
MetalJunction has helped the world's 6th largest steel producer (TSL) improve process effiency and convenience through the e-finance model