Supply Chain Finance (B-SCF) by BillMart offers businesses a seamless way to manage cash flow and optimize working capital through short-term Finance. This solution ensures that suppliers and distributors are supported financially, enabling uninterrupted operations and strengthened supplier relationships.

How Supply Chain Finance Works:
Anchor Evaluation & Onboarding
01. Anchor Evaluation & Onboarding

Anchor is evaluated by Financer as per their own BRE and is approved by Financer on the basis of their assessment.

02. Dealers/Vendors Evaluation & Onboarding

Dealers/Vendors of the Anchor are evaluated by Financer as per their own BRE and are approved by Financer on the basis of their assessment.

dealer/vendor Evaluation & Onboarding
limit setup
03. Limit Setup for the Anchor

As per the financial health and risk assessment of the Anchor, a overall credit limit is sanctioned by the Financer and accepted by the Anchor.

04. Pair Limit of Anchor & Dealer/Vendor

As per the financial health and risk assessment of the Dealer/Vendor and transaction history between Anchor & Dealer/Vendor, pair limit of both the parties is sanctioned by the Financer and accepted by both entity.

pair limit
Initiate Transaction
05. Initiate Transaction

Either party initiate the transaction on the platform by uploading the invoice. These invoices serve as the basis for financing and include supporting documents and data required by financer.

06. Invoice Verification & Approval

GST and compliance checks are done for the transaction through platform. Further the counterparty reviews and accepts the invoice for the financing agreeing to trade or financial obligation in the transaction.

Invoice Verification & Approval
Disbursement
07. Disbursement

Financers approves the verified invoices and disburse funds directly to the supplier, after deducting upfront interest. This ensures timely payments to suppliers.

08. Repayment

The buyer makes the repayment to the Financer for the full invoice amount as per the agreed terms completing the financing cycle.

Repayment
Why Choose BillMart for Supply Chain Finance?
  • Streamlined Process: Simplifies application, approval, and disbursement, minimizing administrative work.
  • Competitive Finance Rates: Access optimal Finance options through partnerships with top financial institutions.
  • Better Vendor / Dealer Management: Strengthen relationships with suppliers and dealers through timely Finance.
  • Collateral-Free: Access Finance without the need for collateral, reducing risk.
  • Flexible Finance Solutions: Meet diverse Finance needs with flexible, tailored options.
  • Working Capital Efficiency: Improve working capital usage and maintain business stability.
  • Enhanced Liquidity: Boost liquidity and ensure timely supplier payments without draining working capital.

We Facilitate a Diverse Range of Offerings

Frequently Asked Question (FAQs)

Registration

  • 1. How do I Register as Business on the BillMart platform?
    Registering on BillMart is a quite simple process for any entity. A business user can sign-up on the platform with just a few clicks and fully digital documentations by submitting the details depending upon the type of entity and services it wants to avail, like KYC, GSTIN, CIN, Bank Details, MSME Registration Detail and upload documents for authorization, bank statements etc. Once a registration request is submitted, generally it takes about 2 business days for Business to start using facilities on the Platform.
  • 2.Are there any registration or transaction charges for using services on the BillMart platform?
    No. Presently there are no charges for registration, data & documentation charges, annual charges or transaction charges on the Platform.
  • 3. Who can register the entity on BillMart to complete the Business onboarding?
    Depending upon the type of entity and services Business wants to avail, an Authorised Person is required to digitally sign the documents with digital signature or Aadhar based e-sign.

Financial Information

  • 1. What is the NACH mandate? Is it mandatory to submit it?
    NACH stands for National Automated Clearing House setup by NPCI. NACH mandate is an authorization that a bank account holder provides to Debit funds as per the instruction. BillMart platform takes NACH mandate as security from the businesses to authorise BillMart and/or its Escrow Bank to debit the bank account in case money is not deposited for making payment to the financer on the maturity date. Depending on the entity type and finance facilities needed, NACH may be required.
  • 2.How does the NACH mandate help Businesses?
    With the NACH mandates, a greater number of Financers can provide the finance limits to a Business or even existing financers can increase the limit. And with a greater number of Financers providing limits, overall cost of finance comes down and increases finances, thus resulting in more growth.
  • 3.Is my Financial Information secure? Who can see it?
    Yes, the financial information of businesses is secured with the BillMart platform. However, as per the consent granted by the businesses, BillMart is allowed to fetch all the financial and entity information and share the relevant financial details with the Bank, NBFC, other financers, insurance companies, credit rating companies etc. for credit evaluation, decision making and for other processes.

Transactions

  • 1.What type of transactions are supported on the platform?
    Presently, BillMart supports some of the most critical aspects of the Working Capital with Bill (Invoice) Financing, Discounting, Reverse Bill Discounting and Supply Chain Finance. BillMart is working towards more and more Business-friendly finance facilities and those will be launched soon
  • 2.What type of Bills can be uploaded on the BillMart platform?
    Any valid GST Bills / Invoices related to the goods or services provided Any valid GST Bills / Invoices related to the goods or services provided by the seller to the buyer which is outstanding/receivable can be uploaded on the BillMart platform. Uploading e-way bill where available helps in faster processing. The uploaded bill, once approved and accepted by the counter party, is sent to financers for bidding to ensure lowest finance cost for the Business.
  • 3.Does BillMart restrict bill to be discounted based on bill amount?
    BillMart allows any valid GST Bill not older than 3 months and of more than Rs. 50,000 for bill discounting.
  • 4.What is the maximum bill discounting tenure?
    BillMart allows a maximum period of 180 days as maximum tenure for bill discounting and related transactions.
  • 5.What is the transaction with Recourse and when recourse is triggered?
    Transaction is said to be with recourse when the party receiving the fund guarantees the financer to settle the liability of the deal if in any instance the counter party does not pay the bill amount on the maturity date. Depending upon the type of entity and transaction, Recourse can be optional or mandatory.
  • 6.What is the Deal Note?
    Deal Note is the legally binding document for all parties. It contains details of the transaction like type, finance amount, cost, settlement date, recourse detail etc.
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