Bill Discounting

Here's a facility that discounts sales bills of reputed customers which in turn, helps in reducing the cash cycle for the business, freeing up cash for working capital and other requirements.

Apply for Bill Discounting
Features and Benefits
  • Finance amount: Up to Rs. 10 cr.
  • Validity: Up to 12 months
Eligibility and Documentation

Eligibility:

SME loans are offered to companies/partnership firms in select sectors like automobiles, auto-ancillary and food and agri-processing.

  • The company/firm must be in business for at least 3 years with profit in the last audited financial year
  • Greenfield projects can be considered only from established players in that business
  • Dealer inventory funding loans can be considered for established dealers of reputed automobile OEMs

Documents required:

  • Company profile including existing product range
  • Promoter profile including KYC details
  • Purpose of the loan
  • Security offered
  • Audited balance sheets of  the last 3 years

The credit officer might require additional documents during credit evaluation.
To apply, email us at SME.solutions@mahindra.com and we will contact you.