BANGALORE, INDIA:
Yes Bank is a full service commercial bank that has steadily built its network across India. The bank offers services like corporate and institutional banking, business banking, financial markets, investment banking etc. The bank has a wide-spread offerings for the SME sector under business banking which includes:
Business loans for SMEs:
Cash Credit/Over Draft, Term Loans, Bill Discounting Facilities, Export Finance, Buyers Credit, Bank Guarantees, Letter of Credit etc.
Specialized business loans for small businesses:
Loans under CGTSME scheme
Channel finance
Warehouse receipt financing
Financial advice for Small Businesses: Knowledge-driven and industry-specific solutions for a certain sunrise sectors with high growth potential such as Food and Agri-business, Life Sciences & Biotechnology, Telecommunications and Information Technology.
Also read : New FDI policy will benefit SMEs: India Inc
Financial Management Services for Small Businesses:
Yes bank's perfect blend of technology and banking expertise helps in building efficiencies into their customer’s business cycle through our highly commended Receivables Management and Payables Management solutions.
Capital Markets and Escrow Account Services for Small and Medium Enterprises
The Capital Markets & Escrow Account Services under the Transaction Banking product suite caters to the specialized banking requirements of corporate with regard to Equity/Debt mobilization, Dividend / Interest Payout Management and Cash/Collateral Escrow Management.
Trade Finance for SMEs: Customized solutions to suit the customer’s financial supply chain like:
Credit backed structures
Channel Finance/ Vendor Financing/ Supplier Financing
Local bill discounting/ Invoice FinancingTrade services for SMEs/Remittance, Import/Export and Domestic Trade
To know more about YES Bank SME Business Banking visit http://www.yesbank.in/