Banking the entrepreneur through supply chain factor payments.
Nominated for: Best Procurement or Supply Chain Solution
Bank At Hause - Factor Xchange aims at banking crop producers and entrepreneurs through supply chain factor payments. Bank AT Hause - Factor Xchange is a subsidiary company and product of AT HAUSE Limited. Bank At Hause - Factor Xchange sells high quality 3ply bags to wholesalers to purchase commodities packed in these bags from factories, agricultural producers and suppliers. Bank At Hause - Factor Xchange outsources capital from Investors and financial institutions. Wholesalers link retailers with whom they created rapport. Retailer order for commodities on credit using Bank At Hause- Factor Xchange platform. Bank At Hause extends capital support to Wholesalers who supply commodities to retailers on credit. Retailers bank up to 25% of profit per item supplied on credit. Bank At Hause - Factor Xchange pays back investment and returns to investors and financial institutions. - See more at: http://grants.ranlab.org/index.php?r=riapApplication/view&id=256#sthash.0a108Zut.dpuf