Suppliers should not have to bank their own customers.

Every business that sells on credit ends up financing its buyers. The goods leave on day 0, the invoice is raised on day 0, and the money arrives sixty or ninety days later. In between, the supplier carries the cost of someone else's working capital.

What we built

Sigma Anchors turns that relationship into credit the buyer can actually get. A supplier — the anchor — invites the customers it already sells to. Each of those customers is assessed by a bank or NBFC on the strength of what it buys from that anchor, and is sanctioned an overdraft limit against those purchases. The customer draws on the limit to pay on time; the supplier stops waiting; nobody's payment terms have to change.

How we work

We are not a lender and we do not take deposits. We run the platform that carries an application from an invitation to a sanction: onboarding, the document checklist, the queries a credit team raises, and the status every party is entitled to see. The credit decision, the pricing and the money are the lender's.

Who runs it

Sigma Anchors is built and operated by Argentron Technologies Pvt. Ltd., a technology company working on credit infrastructure for Indian supply chains. Registered office address — to be confirmed.

Talk to us

If you sell on credit terms and want to see what this looks like for your buyers, get in touch or write to support@argentrontech.com.