Distributor Finance is a mode of financing in which the financer makes payment to the Manufacturer/Principal of goods on behalf of its distributors and the distributors after a certain credit term pay the money back to the financier. It is a revolving short term financing facility that enables the distributors to take advantage of cash purchase and source higher amount of goods that helps them to do business in bigger volume and thus earn higher profit. It requires involvement of 3 parties, namely:
The Distributor Finance Program is a unique financing program provided by LankaBangla Finance. Under this program, LankaBangla Finance provides working capital finance to wholesale Distributors of various products including electrical goods, pump sets, paints, cement, steel, tiles, etc. of reputed companies such as Pran, Unilever, BAT, ACI, Square, Abul Khair, Akij, MGH, Transcom, PHP, City Group, Meghna, Rangs, Oil companies, etc. to strengthen their working capital base to increase sales of Distributors and correspondingly the sales of the Manufacturers.
