Siddhartha Bank launches reverse factoring service; bank’s borrowers can now receive back amount of invoicing as discount while purchasing goods for office use
Siddhartha Bank has launched a reverse factoring service for its existing and potential borrowers.
Under this scheme, borrowers of the bank will receive the amount of invoice back as a discount when the borrowers make purchases for the business use.
The bank has launched this scheme in association with F1 Soft with an aim to enable its borrowers to purchase different goods for office use, as per the media statement.
