The Distributor Finance Programme is a unique financing programme provided by HSBC. Under this programme, HSBC provides working capital finance that Distributor’s of it's Corporate customers require for stocking and selling of their products. This translates into more sales for the Corporate and competitively priced finance for their Distributors.
Steady and assured credit to distributor chain at competitive interest rates resulting increased turnover to Corporates. Credit lines to distributors that are larger and of longer tenor than can be provided by the Corporates to their distributors Tidying up Balance Sheets of Corporates by reducing the level of outstanding receivables Earlier payment from the Distributors would free up cash for new business developments / sales expansion. Providing administrative assistance in terms of the collection and follow-up work involved in realization of receivables.
Need not to have been prior customers of HSBC Opportunity to obtain finance at very competitive rates Improved liquidity enables to grow business faster Once HSBC has seen the track record of regular buyers, there is a possibility of extending other financing.