Advik Capital Ltd. (BSE: 539773), a Delhi NCR based emerging Non-Banking Financial Company (NBFC), is pleased to announce its strategic entry into supply chain financing. This initiative aims to broaden the company’s product offerings and provide essential financial support to businesses across diverse sectors, including agri-food, FMCG, FMCD, metals, and engineering goods. Designed to enhance operational efficiency, this program is set to drive sustainable growth within targeted industry supply chains. As part of this initiative, Advik Capital has signed a Memorandum of Understanding with a leading agri-product FMCG company. While name of its esteemed partner could not be disclosed due to business confidentiality, the company can assure all the stakeholders that this collaboration lays the groundwork for expanding its supply chain financing model.
Key Features of the Supply Chain Financing Initiative include Tailored Financial Solutions, where by Businesses will benefit from customized financing options, including working capital and infrastructure investments, specifically designed to optimize their supply chain operations.
Further, Infrastructure Development Support will be obtained, with Funding that will be directed toward vital infrastructure improvements, enabling companies to enhance their logistics, storage, and distribution processes.
Participants will receive comprehensive guidance on financial management and best practices, empowering them to maximize operational effectiveness. This initiative promotes sustainable practices within supply chains, ensuring long-term growth and resilience for all stakeholders involved. Arrangements will be structured without recourse to the principal, facilitating direct one-to-one financing with suppliers. This approach mitigates dependency on existing product lines while significantly broadening our operational scope and enhancing overall profitability.