Public holidays and weekends are no more a restriction to commerce and business at metaljunction. We recognize that in order to make the sales and distribution channel more robust and to strengthen relationship with buyers as well as sellers, it is very important to make finance available to the supply-chains we cater to efficiently and at competitive costs. Our financial services and our relationships with major Indian banks ensure that our customers get finance 24x7.
Services for Buyers (Auction Participants)
- eBilling and Payment Collection
The traditional way of paper billing, and visiting banks for high-value transactions is riddled with inefficiencies as metaljunction buyers spread across the country. Our eBilling and Payment Collection service ensures that buyers can use the regional facilities of any of our partner banks to make payments. Advantages include reduced floating money, instant credit, faster receipt of payments, and convenience in completing financial transactions. An added benefit is that faster receipt of payments results in faster issue of orders and dispatch of goods.
- Buyer Finance
Regular participants in our auctions get a unique benefit of financing their buys. metaljunction's online finance facility helps buyers meet their day-to-day working capital requirements. Our relationship with partner banks ensures that the cost of capital is low.
Services for Clients (Sellers)
- Distributor Finance
Targeted solely at our clients and selling organizations distributor finance services helps to sell to their distribution network and channels on cash basis without accruing any debt. Advantages include elimination of debts from books, 100% secured receivables, timely payment for selling organizations. For distributors and channels, funds are provisioned at competitive costs without any collateral or security.
- OEM Finance
OEM Finance facilitates sales to clients' OEMs purely on cash basis. The benefits include risk free sales and accelerated cash flow to the client. This program makes available easy working capital over and above their existing line of credit at a competitive cost and for a longer credit tenures.