Finance & Insurance
Our Finance Products
Finance is the base of every transaction that flows in the economy.
In the textile industry, especially, with lead times for debts going up to 90-120 days on every level - fabric trading or manufacturing, there is a high need of finance assistance.
VSAY Global has joined hands with Banks and NBFC partners to provide personalised solutions related to all kinds of financial needs - for both buyers and sellers.
From 15 days to multiple years, we provide credit assistance of all durations and for all phases of production, in different formats depending on the need of the company.
For manufacturers, we help you source the right materials, and provide credit directly or through our partner banks via PIF models.
For brands, stores and wholesale buyers, we can help you get the required credit on the finished garments and other products you buy through our registered manufacturers.
Purchase
Invoice
Financing
For every garment or finished product supplied by our partner manufacturers, we have multiple sales invoice financing facilities, depending on different buyer categories.
This way, the buyer also gets the required credit and the manufacturer can get working capital back in time to reinvest in the business.
Sales Invoice
Discounting
Our partner banks and NBFCs offer working capital limits, on per order basis or overall yearly limits depending on turnover.
Our PIF and SID facilities have also been designed to provide working capital assistance for both buyers and manufacturers.
For long term projects, we have secured competitive interest rates with banking partners to help with long term finance needs for 12-36 months.
Working
Capital &
Term Loans
Our project financing experts can assist with setting up entire projects from sourcing real estate, garmenting and fabric machinery, finding beneficial labour arrangements and other tasks.
All this including arranging finance for the whole Project at extremely competitive rates from banks and NBFC partners.
Project
Financing
Our Insurance Products
In the Textile industry, with production times being very high and the industry being so labour intensive, manufacturers and buyers are prone to a lot of risk owing to delays and loss of goods.
VSAY Global has built extensive partnerships with Insurance providers to safeguard our partner manufacturers and buyers with Transit Risk, Credit Risk and Liability Risk.
Our financial products are also designed in a way that assist the partners to raise finance while also providing them assurance against any monetary losses.
Transit, both local and overseas, and through various modes comes with its own set of risks.
We offer transit insurance from our partner insurance companies at affordable rates, to secure both the buyer and manufacturer.
We are also associated with multiple transit agencies to assist in getting best rates for goods transportation in a timely and effective manner.
Transit
Insurance
With the risk of production delays, manufacturers face the risk of orders getting cancelled mid production and the shipments not getting picked due to buyer non acceptance.
We aid in providing insurance against such cases, to secure the manufacturer against out of hand scenarios.
Liability
Insurance
Our Sales Invoice Discounting facilities are designed in a way that provides Trade Credit insurance to manufacturers against buyer defaults or to fabric vendors against manufacturer defaults.
In any case, if the goods are invoiced, the seller gets the payment for the invoice even if the buyer defaults, no matter the status of bankruptcy.
Trade Credit
Insurance
