M1 NXT helps buyers reduce their working capital requirements by helping them extend their payment cycle. It also enables the buyers to negotiate better terms with the supplier while enjoying a more stable supplier base by facilitating their access to competitive financing.
The Benefits
- Optimize working capital
- Saving on finance costs by extending credit period
- Not a borrowing but replacement of sundry creditor
- Improved vendor management
- Lower administration cost for vendor financing, payments and settlements
