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Assignment of receivables

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Effective financial solutions for smooth cash-flows

Today’s businesses face challenges both externally and internally – externally from changing market dynamics & customer demands, and internally due to the increasing need to invest in technology and growth.

At Siemens Factoring Private Limited, we understand that as dealers, system integrators, panel builders and Original Equipment Manufacturers (OEMs) you need flexible and cost-effective financing solutions, which reduce the pressure on working capital. We provide customized financial solutions that enable you to procure the technology you need, without worrying about its impact on cash-flows.

Our technological know-how and global financial know-how equip you with the right finance solutions, to reduce operational costs and ensure smooth day-to-day working of your business.

Assignment of Receivables

How it works

Businesses like yours are progressively looking for sources of finance which enable technology purchases with easy and accessible payment terms. Siemens Factoring Private Limited offers you solutions like ‘Assignment of Receivables’ to unlock the potential of your business and help it flourish.

How Assignment of Receivables works

As part of the manufacturing value chain, you are often required to pay your suppliers within 30-90 days, whereas it could take you significantly longer for you to receive payments from your customers. Apart from these direct costs, outflows are also owed towards production, distribution and employee overheads often resulting in a cash-flow mismatch.

Assignment of receivables makes it possible for you to pay over an extended period of time, instead of paying upfront or within a short timeframe. This equips your businesses with the flexibility needed to manage working capital more efficiently and improve cash flows.

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Understanding Assignment of Receivables

Assignment of Receivables adapts to the volume of your receivables, enabling cash-flow matching. It offers this benefit by means of the ‘Deferred payment agreement’ and ‘Assignment of Receivables agreement’.

The former provides customers a delay (or deferral) in payment and the latter stipulates that Siemens Factoring Private Limited will pay the technology provider as per the agreed timeline. This allows customers to make payments to Siemens Factoring Private Limited over a period of 6 to 60 months, depending on business requirements and credit assessment.

The Assignment of Receivables solution can be offered with both loans and leases, customized to the requirement of individual businesses.

This solution alleviates the pressure on your cash-flows by bridging the gap between when you need to pay your supplier and when your customers pay you, without using your capital reserves.

Working with Siemens Factoring Private Limited

Siemens’ Assignment of Receivables solution empowers manufacturers, suppliers, dealers, channel partners, panel builders, engineering-procurement-construction companies and system aggregators in key industries like:

  • Automotive
  • Aerospace
  • Pharmaceuticals
  • Food & Beverage
  • Industry
  • Mining
  • Infrastructure
  • Energy

Benefits of working with Siemens Factoring Private Limited

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Siemens Factoring Private Limited offers an accessible solution customized to your business– all through an easy and hassle-free documentation process. With Siemens’ combined solution of unparalleled technology and superior financing solutions, unlock the value of your technology purchase, and bring your vision to life.

 

Contact us today about Assignment of receivables/working capital solutions

Partner with us

To know how we can add value to your business, reach out to us:

  • E- mail: info.sfs.in@siemens.com
  • Business enquiries: 1800-209-1800
  • Registered address: Plot No. 2, Sector 2, Kharghar Node, Navi Mumbai – 410210

 For details on our Fair Practice Code, Interest Rate Model and Grievance Redressal process, access this document

 

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