FINANCING

SLCM has tie-ups with multiple banks as their ‘Collateral Manager’ for Warehouse Receipt Financing. The company provides best-in-class audit and security services as part of collateral management services to the banks and other financial institutions.

Considering extensive network of warehouses and warehousing service, banks approach SLCM to be the custodian of given commodity in a particular warehouse. Agriculture commodities are stored in SLCM warehouse which act as the security of the loan for respective bank. These commodities pertaining to identified client by bank in the form of collateral securities. Collateral Financing allows lenders (banks) to immediately sell off a liquid asset i.e. agriculture commodity, in case a farmer defaults on the loan. The underlying collateral is usually a soft commodity like guar, chana, mentha, mustard, etc. The company manages the quantity and quality of the collateral to mitigate the risk for the bank/financial institution. The commodities are stored in licensed and non-licensed warehouses that issues a receipt evidencing that the commodities are physically present at the warehouse.

The rate matrix is mutually agreed upon by both parties including other terms & conditions as per the agreement.

SLCM has ‘Collateral Management’ tie-ups with following organizations in India and Myanmar:

India:

Collateral Financing Partners

  • Bank of India

  • State Bank of India

  • Allahabad Bank

  • Yes Bank

  • HDFC Bank

  • Axis Bank

  • IndusInd Bank

  • RBL Bank

  • Kotak Mahindra Bank

  • ICICI Bank

Myanmar:

Collateral Financing Partners

  • Yoma Bank

  • CB Bank

  • United Amara Bank

  • Myanma Apex Bank

  • Global Treasure Bank

RISK MITIGATION OF GOODS

SLCM undertakes insurances to mitigate the risk for the commodity stored in their location:

  • Goods Insurance as per the stock held at different locations

  • Building Insurance for the Corporate & Head Office

  • Fidelity Insurance

  • Accidental Insurance

The company monitors all its insurances on real time basis with the help of dedicated ‘Risk Management’ Team. To ensure compliances over and above an electronic check there are ‘Insurance Audit’ conducted regularly to avoid any collapse in the system.

A team of agriculturists, engineers and technologists have designed various processes for efficient execution of operations.

A team of agriculturists, engineers and technologists have designed various processes

Join Our Newsletter