Products

Standard | Procurement | Comprehensive

Imafin Commercial Credit Products

Procurement

We understand that Suppliers have their own vendors of raw materials. Imafin’s procurement solution assists Suppliers to optimise working capital in the procurement of these input goods and services.

summary

  • Credit is granted to the supplier for exclusive procurement purposes at its vendors
  • Using Diners Club credit supplier pays for stock in full on delivery
  • Diners Club credit is payable in 60 days interest free
  • Discounted service fee billed to supplier's vendor

benefits

  • Improved cash flow
  • Suppliers may earn settlement discount from vendors