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Podcast: MSME TALK
Episode: Purchase Financing
Description: Episode #17 Purchase Financing Ft. Pratyush Nalla, Business Head Oxyzo Financial Services. Welcome back to MSME TALK with Industry Experts.Β Raw Material contributes to the 60-70% of the total cost of the manufacturing SMEsβ. Due to credit risk majority of MSMEs doesnβt have formal financing channel for the raw material purchase due which these MSMEs resorts to local distributors and financiers, which is at a much higher cost. Its critical for these MSMEs to have stable purchase financing option lines to fund the purchase of raw material. Any delay in financing for the purchase of raw material, creates delay...