Blink Finance

Bill Discounting (or Invoice Discounting) is a powerful financial tool for manufacturers, traders, and service providers dealing with blue-chip companies or reputed corporates. At Blink Finance, we facilitate the "selling" of your unpaid invoices to a bank or financial institution at a small discount, giving you access to up to 90% of the invoice value instantly.

• Instant Liquidity: Get funds within 24–72 hours of invoice submission.

• No Collateral Required: The invoice itself acts as the primary security.

• Off-Balance Sheet Funding: Often treated as a trade facility rather than a traditional loan.

• Improve Credit Rating: Maintain timely payments to your suppliers by managing your cash flow better.

To qualify for our Bill Discounting facility, your business should generally meet the following:

• Business Vintage: Minimum 2 years of active operations.

• Client Profile: You must be supplying to reputed Private Ltd, Public Ltd companies, or Government Departments.

• Turnover: Minimum annual turnover of ₹1 Crore (preferred).

• Credit Rating: A stable CIBIL score (usually 700+) for the promoters.

• Discounting Rate (ROI): 9.00% to 13.50% p.a. (Calculated on the number of days until the invoice is due).

• Processing Fee: 0.25% to 1.00% of the limit sanctioned.

• Funding Limit: Up to 80%–90% of the total invoice value.

To ensure a fast approval process, please keep the following documents ready:

1. KYC Documents:

• PAN Card and Aadhaar Card of Promoters/Directors.

• GST Registration Certificate & Udyam Registration.

• Business Address Proof (Utility Bill/Rent Agreement).

2. Financial Documents:

• Last 2–3 years' Audited Financials (Balance Sheet, P&L Account).

• Last 6–12 months' Bank Statements (Main operative account).

• Latest GST Returns (GSTR-3B & GSTR-1).

3. Transaction Documents:

• Copies of unpaid Invoices to be discounted.

• Purchase Orders (PO) from your clients.

• Evidence of delivery (Lorry Receipt, Delivery Challan, or Client Acceptance).

Bill Discounting (or Invoice Discounting) is a powerful financial tool for manufacturers, traders, and service providers dealing with blue-chip companies or reputed corporates. At Blink Finance, we facilitate the "selling" of your unpaid invoices to a bank or financial institution at a small discount, giving you access to up to 90% of the invoice value instantly.

• Instant Liquidity: Get funds within 24–72 hours of invoice submission.

• No Collateral Required: The invoice itself acts as the primary security.

• Off-Balance Sheet Funding: Often treated as a trade facility rather than a traditional loan.

• Improve Credit Rating: Maintain timely payments to your suppliers by managing your cash flow better.

To qualify for our Bill Discounting facility, your business should generally meet the following:

• Business Vintage: Minimum 2 years of active operations.

• Client Profile: You must be supplying to reputed Private Ltd, Public Ltd companies, or Government Departments.

• Turnover: Minimum annual turnover of ₹1 Crore (preferred).

• Credit Rating: A stable CIBIL score (usually 700+) for the promoters.

• Discounting Rate (ROI): 9.00% to 13.50% p.a. (Calculated on the number of days until the invoice is due).

• Processing Fee: 0.25% to 1.00% of the limit sanctioned.

• Funding Limit: Up to 80%–90% of the total invoice value.

To ensure a fast approval process, please keep the following documents ready:

1. KYC Documents:

• PAN Card and Aadhaar Card of Promoters/Directors.

• GST Registration Certificate & Udyam Registration.

• Business Address Proof (Utility Bill/Rent Agreement).

2. Financial Documents:

• Last 2–3 years' Audited Financials (Balance Sheet, P&L Account).

• Last 6–12 months' Bank Statements (Main operative account).

• Latest GST Returns (GSTR-3B & GSTR-1).

3. Transaction Documents:

• Copies of unpaid Invoices to be discounted.

• Purchase Orders (PO) from your clients.

• Evidence of delivery (Lorry Receipt, Delivery Challan, or Client Acceptance).

Are you a growing business held back by a lack of assets for bank security? The CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme by SBI is the perfect solution. As your financial consultants, Blink Finance streamlines the complex application process, ensuring your project report and documentation align with SBI’s digital lending norms.

• Collateral-Free Funding: Get up to ₹5 Crore without pledging any land, building, or machinery.

   

• Flexible Working Capital: Use the Cash Credit (CC) facility to manage day-to-day operational expenses, inventory, and receivables.

   

• Lower Interest Rates: Benefit from SBI’s competitive interest rates linked to EBLR (External Benchmark Lending Rate).

• Speedy Processing: Our expertise in Project Report (DPR) and CMA Data preparation ensures faster credit appraisal and sanction.

• Government Backed: The loan is secured by the CGTMSE trust, providing peace of mind for both the lender and the borrower.

   

• Entity Type: Proprietorship, Partnership, Private Limited Companies, and LLPs.

•  Sector: Manufacturing, Service, and Retail/Wholesale Trade activities.

   

•  Registration: Valid Udyam Registration is mandatory.

   

• Purpose: New business setup, expansion, or regular working capital requirements.