A seller can opt for Auto-financing of all invoices wherein Financial Institutions receive financing requests directly for all accepted invoices, provided sanctioned limits are available.
Veefin SCF provides mobile access to all functions allowing buyers and sellers to transact on-the-go
Customizable Interest parameters
Interest Bearing entities, Interest Collection (Upfront/rear-ended), Interest Sharing (Between Buyer and Seller), Interest posting intervals can be modified to suit your processes
Custom-build dashboards and reports with updated data on invoices due, overdue invoices, interest accrual, limit utilizations and more
Reconciling part-payment of invoices, refund of interest on early payments, penal interest posting and settlments are automated in Veefin SCF