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?

 
 

How will you benefit?

As a seller

100% secured payment
100% timely payment
Single window in terms of online visibility of transactions
Increased buying power for your channel partners
24 x 7 x 365 basis transactions
Without any recourse (financial or otherwise)

As a distributor/dealer

Competitive cost of fund (better than existing working capital cost)
No security or collateral attached (Clean credit)
Hassle free documentation
Over and above existing credit line
Flexible tenure available (30 to 90 days) for repayment to banks
 
 
Interest rate brought down by more than 3% in line with the expectation of the supply chain partners in spite of hardening of statutory and base rates of banks
sample graph
 
 

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!

Please leave your contact details, a metal-junction executive will contact you in 24 hrs.

 
 
 
 
 
 
 

The TATA Steel Story

  • 1
    Sales order created
    Sales order is created in the TSL SAP system
  • 2
    Data goes to MJ website
    Data is automatically transferred to the MJ website via FTP
  • 3
    Distributor logs finance requests
    The distributor logs finance request in the MJ site against sales order
  • 4
    MJ sends finance requests to banks
    MJ 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

Now you bid from your smart phone!*

It's easy and convenient!

Download widgets runner for your smart phone*

See disclaimer

Use of the software requires and presumes adherence and assent to the following terms and conditions and awareness of the following limitations for which the users agree not to hold the company liable

  1. The "mobile bidding screen and applications associated with it" (the software) are copyright of mjunction services limited (the company) , and may not be distributed, rented out, re-sold, re-engineered, decompiled, reconstructed nor used for any other purpose than the purpose for which intended by the company. It is the users obligation to make sure that the use of the software provided by the company does not contravene the local laws of the country/ state / region of the user. The user may keep copies of the software for the purpose of back-up and archival only.
  2. No warranties and Limitation of Liability The software is being presented on an "as is " basis without any express or implied warranty of any kind, including but not limited to any warranties of merchantability, non infringement, or fitness of a particular purpose. does not warrant or assume responsibility for the accuracy or completeness of any information, text, graphics, links or other items contained within the "mobile bidding screen and applications associated with it" .The company makes no warranties respecting any harm that may be caused by the transmission of a computer virus, worm, time bomb, logic bomb, or other such computer program. The company further expressly disclaims any warranty or representation to Authorized Users or to any third party. In no event shall the company be liable for any damages (including, without limitation, lost profits, business interruption, or lost information) rising out of 'Authorized Users' use of or inability to use the software, even if the company has been advised of the possibility of such damages. In no event will the company be liable for loss of data or for indirect, special, incidental, consequential (including lost profit), or other damages based in contract, tort or otherwise. The company shall have no liability with respect to the content of the software or any part thereof, including but not limited to errors or omissions contained therein, libel, infringements of rights of publicity, privacy, trademark rights, business interruption, personal injury, loss of privacy, moral rights or the disclosure of confidential information. In case of any deviation between the computer interface and the mobile screen interface, the data as made available on the computer screen will prevail.
  3. Buyers may note that certain fields which are visible on the computer screen have been with-held and are not shown on the mobile screen. This has been necessitated so as to enable effective rendering on the mobile screen with sufficient speed.
  4. Certain facilities of monitoring multiple lots are also limited in their availability on the mobile screen, again due to space and speed considerations.
  5. Certain checks against high bids , available on the computer screen, may not be available on the mobile screen, or, may behave differently, due to limitations of technology.
  6. This communication being sent by company is privileged and confidential, and is directed to and for the use of the addressee only. If this message reaches anyone other than the intended recipient, we request the reader not to reproduce, copy, disseminate or in any manner distribute it. We further request such recipient to notify us immediately by return email and delete the original message. Company does not guarantee the security of any information transmitted electronically and is not liable for the proper, timely and complete transmission thereof. Opinions, conclusions and other information in this communication that do not relate to the official business of Company shall be understood as neither given nor endorsed by it.

* The mobile bidding application will not run IPhone. Blackberry and other phones with proprietary operating systems