1800-103-7261 
hello@myndfin.com
Need for Vendor Finance
Vendors often face critical challenges like delayed payments, working capital shortages, and limited access to affordable credit. Cash flow gaps caused by extended buyer payment cycles and tight supplier deadlines disrupt operations and inventory management. High operational and logistic costs further strain finances, while unpredictable market demands hinder growth. Vendor finance fills these gaps, providing liquidity to manage cash flows, ensure timely supplier payments, and sustain operations, making it a vital solution for supply chain efficiency.
Empowering Vendors with Mynd Fintech’s Smart Financing
At Mynd Fintech, our Vendor Finance solutions provide timely working capital to suppliers, ensuring they can deliver goods and services on time. We address financial gaps in supply chain operations, improving liquidity, productivity, and trust. Our solutions help businesses strengthen vendor relationships, fostering seamless supply chains and supporting consistent business growth.
Features:
Unsecured Line of Credit Facility offered to Vendors having good track record with well performing Corporates- Loan agreement signed between the Vendor and Financier
- Enables qualifying Vendors to discount confirmed invoices
- Technology integration with Corporates’ ERP OR use of Mynd Portal for seamless flow of invoice information across the Corporate, Vendor, Mynd and the Lender
How it Works
01
One Time Credit Limit Set-up
- Limit amount and period finalized basis risk assessment of Anchor Corporate and Vendors
- Digital on-boarding of Anchor and Vendors
02
Digital flow of Anchor confirmed invoices
- Integration with Anchor’s ERP for online invoice flow
- System for uploading digitally signed POs, if ERP integration is unavailable
03
Online Disbursement
- Authenticated POs are funded within 24 hours
- Disbursement done in Vendor’s designated Bank account
- Limits revised post each disbursement
04
Online Repayment before due date
- Flexibility for Anchor to pay Lender anytime prior to due date
- NACH presented on the due date for payment from Anchor to the Lender
- Limits get replenished after every payment
Benefits of Vendor Finance
- Access to new and profitable lending opportunities with little or no investment
- Funding of a confirmed end-purpose
- Digital and standardized underwriting process
- Highly automated and hence scalable model
- Access to early liquidity against goods and services provided to Anchor
- Interest cost savings
- Off-balance sheet funding
- Healthier Supply Chain
- Additional lever to negotiate down procurement prices
- Vendor Stickiness
Frequently Asked Questions
Repayment can be made by the Anchor Corporate to the Lender at any time before the end of the agreed credit period. This period typically ranges from 30 to 120 days per invoice, depending on the terms set with the Anchor. Interest is applied only for the number of days the credit is actually utilized.
Using auto debit facility via NACH.
In most cases, no additional collateral is required, as our Lending Partners extend funding based on the vendor’s relationship with the Anchor Corporate and the expected cash flows within the payment cycle. However, in certain situations, lenders may request collateral depending on their risk assessment.
Vendor finance is a working capital solution designed to help suppliers manage cash flow disruptions caused by extended buyer payment cycles and tight procurement deadlines. It bridges liquidity gaps, enabling vendors to sustain operations, fulfill orders on time, and manage logistics even when payments are delayed.
Vendors with a solid performance history and confirmed relationships with anchor corporates qualify for Mynd Fintech’s unsecured line of credit. After a risk-based assessment and onboarding, selected vendors gain access to confirmed invoice discounting and financing—without collateral.
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A credit limit is established based on risk evaluation of both vendor and anchor corporate.
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Invoices are confirmed either through ERP integration or via Mynd’s portal.
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Approved invoices are funded within 24 hours directly into the vendor’s bank account.
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Upon anchor corporate’s payment (or via NACH on the due date), the vendor’s limit resets for further use.
No. Mynd Fintech offers unsecured lines of credit to qualifying vendors. The facility is backed by confirmed invoices from reputable anchor corporates, eliminating the need for traditional collateral.
Generally, vendors working with well-performing anchor corporates qualify. Eligible candidates include MSMEs and suppliers with a history of reliable delivery and payment confirmation by the corporate partner. The solution is particularly suitable for businesses operating in sectors with long supply chain cycles.
Once the invoice is confirmed and validated via ERP integration or Mynd Portal, funds are disbursed within 24 hours. The payment goes directly into the vendor’s designated bank account, enabling immediate use of the working capital.
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Vendors receive timely working capital without collateral.
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Lenders gain scalable, digital lending opportunities with low risk.
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Anchors build smoother supply chains and strengthen vendor loyalty. All parties benefit from a tech-enabled, standardized, and efficient financing model
Repayment can be made before the due date by the anchor corporate, and if not, processed automatically via NACH (National Automated Clearing House) on the maturity date. After each repayment, the vendor’s credit limit is refreshed for future use.