In today’s hectic business world, quick access to working capital is crucial for companies to grow and stay afloat. Traditional financing options often involve long waits, tons of paperwork, and hefty fees making them less attractive for businesses that need cash right away. This is where invoice discounting services step in offering a solid alternative that lets businesses tap into the value of their unpaid invoices. Among the choices out there, Sanjeevani Wealth stands out as a top invoice discounting platform. It gives businesses the cash they need while also providing investors a safe and profitable way to invest their money.
What is Sanjeevani Wealth?
Sanjeevani Wealth aims to shake up the buyer-supplier payment landscape by making it digital, which boosts business profits for everyone involved. As a leading invoice discounting fintech platform, Sanjeevani Wealth offers user-friendly invoice discounting services to help businesses boost their cash flow without the headaches of traditional financing. But that’s not all—Sanjeevani Wealth also provides safe and risk-free investment choices with high returns.
What We Do
Sanjeevani Wealth links buyers and their suppliers in a clear way through its groundbreaking invoice discounting platform. This platform gives fast and clever answers to make sure the buyer-supplier world gets a new boost of working capital. By freeing up unused assets, Sanjeevani Wealth puts new energy into this world, making it simpler for businesses to get the money they need to expand and succeed.
Why Choose Sanjeevani Wealth?
When it comes to choosing the right invoice discounting platform, Sanjeevani Wealth offers several compelling advantages:
- Swift Fund Disbursal: Businesses can receive their dues within just two working days (terms and conditions apply). This rapid disbursal of funds ensures that companies can maintain smooth operations without the long waiting periods typically associated with traditional financing.
- Digital Platform: Sanjeevani Wealth eliminates the hassles of going to banks by offering a completely seamless digital platform. The entire process is paperless, user-friendly, and designed to save businesses time and effort.
- Outstanding Service: Customer service is a top priority at Sanjeevani Wealth. The platform is committed to catering to its customers in the most effective manner, ensuring a smooth and efficient experience for all parties involved.
Benefits of Choosing Sanjeevani Wealth
The Indian market presents unique challenges for manufacturers, particularly in terms of financing costs. Indian manufacturers face some of the highest financing costs in the world, with a significant difference between bank borrowing and secured lending rates—often as high as 6-8% per annum. This expensive borrowing hinders the growth of Indian manufacturers, making them less competitive on a global scale.
Sanjeevani Wealth addresses this challenge by offering a stable and secure source of returns that outpace inflation. Through its invoice discounting platform, Sanjeevani Wealth connects small and medium business borrowers with the necessary working capital. This rapid access to funds enables SMEs to secure financing at a lower cost, fostering their growth and making them more competitive on a global scale.
Procedure to Apply
Applying to Sanjeevani Wealth’s invoice discounting platform is a straightforward process. Here’s how it works:
- Sign Up & Onboard Preferred Suppliers/Customers: As a buyer or supplier, the first step is to sign up on the Sanjeevani platform and onboard your preferred suppliers or buyers. This step is important as it sets the foundation for the entire process.
- Invoice Listing and Approvals: Once on-boarded, suppliers can upload their invoices to the platform. These invoices must then be approved by the buyer. This step ensures that the invoices are legitimate and ready for the next stage of the process.
- Liquidity for Suppliers: Upon approval, the invoices are listed on the Sanjeevani Wealth platform. Once the invoice is funded, the funds are transferred directly into the supplier’s bank account, providing immediate liquidity.
- Payment Against Invoice on Due Date: Finally, when the invoice reaches its due date, the payment is made against the invoice, ensuring that all parties receive their dues on time.
Conclusion
Choosing the right invoice discounting platform can make a significant difference in your business’s ability to maintain cash flow and grow. Sanjeevani Wealth offers a comprehensive solution through its innovative invoice discounting services, providing businesses with the working capital they need while offering investors a secure and profitable investment opportunity. With its swift fund disbursal, user-friendly digital platform, and outstanding customer service, Sanjeevani Wealth stands out as the ideal choice for businesses and investors alike.
