How to save up to 6% on financing?

Save up to 3% via our Unsecured Credit Lines

As a practice, SME’s procure bulk raw material on 90 days credit period. Traditional distributors charge up to 2.5% monthly for providing unsecured credit to SMEs. Most of the times, finance costs are hidden within the raw material prices which leads to increased raw material prices.

OfBusiness offers customized credit lines as per business requirement at 1.5% per month effectively, helping SME’s save up to 3% over a 90 day credit period, every time. In fact, the cumulative savings for the entire financial year are far higher.

Save another 3% on material purchase?

By using OfBusiness’ credit lines, SME’s can negotiate with existing suppliers in terms of immediate payments on delivery or in advance.  By doing this SME’s save upwards of 3% on their purchase orders on a commitment for upfront payments.

SMEs’s also get best price quotes for their raw material requirements via OfBusiness’s bidding platform. Our technology platform negotiates with more than 100 manufacturers and suppliers across India to get best guarantee prices on bulk raw materials i.e, structural steel, flats, TMT, polymer, paper & cement. Our strong PAN India presence and aggregate demand help us fetch volume discounts which in effect helps SME’s save another 3%.

A combination of the above savings coupled with the entire credit risk enables SMEs to expand faster and efficiently.

Talk to our committed sales expert today to get the best price quote for raw materials or understand how we can associate better.

Call us at 1800-102-9586 or mail to contact@ofbusiness.com.