Frequently asked questions
What is Origo's Trade Facilitation business?
Origo Trade Facilitation covers the entire agriculture supply chain from procurement, storage, handling and preservation of commodities along with credit structures that allows for quick payments to suppliers and just in time inventory for clients.
Origo’ TradeFi ensures:
- Off-balance sheet financing
- Smooth Commodity movement
- Cash discounts benefit from Suppliers
- Preservation, Maintenance & Security of Stock
- Required trade exposure
What are the documents required to avail TradeFi?
- MOA of Company
- List of Directors
- KYC of Directors and Company
- Last three years audited financials
- GST & ITR Documents
What are the benefits of TradeFi?
- Procurement by Origo TradeFi
- Off-Balance Sheet Trade and Inventory
- Storage, Preservation, Maintenance & Security by Origo TradeFi
- Other benefits like - Professional Agreement, Cash discounts from suppliers, Transparent statement of work and contract terms etc.
What are the commodities Origo TradeFi deals in/funds/finances?
Major commodities we deal in are Wheat, Maize, Paddy, Rice, Mustard, Soybean & Cotton.
Our Presence/ Service Regions/ Operating Regions
- Uttar Pradesh
- Madhya Pradesh
- Andhra Pradesh
- Delhi & NCR
What is Landed Cost?
Landed cost will be arrived at after adding brokerage, logistics, H&T, operational and any other incidental charges to the cost of commodity. Please refer detailed SOW for more information.
What are the Monthly charges in TradeFi?
Storage, Insurance, Fumigation & Spraying or any other incidental charges etc. are collectively known as Monthly charges.
Billing Cycle Monthly of Storage & Carrying Cost and procurement charges shall be payable in the subsequent month of procurement of Commodity or arrival of the commodity in warehouse. Please refer detailed SOW for more information.
What is Interest on delayed payment?
The amount payable by the Purchaser to ORIGO at the rate specified in the SOW on all outstanding payables by the Purchaser to ORIGO after receipt of the Advances, from the date of procurement of the Commodity by ORIGO to the date of actual receipt of the total Commodity Consideration by ORIGO.
What Financial limit can I avail as a Client?
Financial limit depends on your financials assessment by Origo TradeFi team. Limit has no bar and depends on business size and performance.
What are the benefits to me as a Supplier?
Timely Payments, larger supply chain network bulk buying at single platform & Origo TradeFi Trust
I need more information on the product
Please watch the video for more details (Hindi): https://www.youtube.com/watch?v=pX-4mLUvbGM
How do I understand more on this product?
Please watch the video for more details (English): https://www.youtube.com/watch?v=5Td4h9Ury2s
Do you provide Procurement and Warehousing?
Yes we provide both services
Can I apply online?
Yes, on our TradeFi system on www.TradeFi.in
How do you check commodity quality?
Quality is checked at the warehouse with the help of lab equipment by our experts
How quickly does Origo pay?
Usually within 3-7 working days
How does a supplier know about Origo requirements?
Supplier should register on TradeFi system and Origo will send notifications on the app (please download) when Origo is purchasing in your area
What products can debt investor look at to invest against commodities?
- Commodity backed pledge loans
- Term loans
- Non-Convertible Debenture
- Covered Bonds
- Pass Through Certificate
How does the Pass Through Certificate Work?
Origo through a Trust issues a PTC instrument rated A1 against which investor can invest
Is the loan investment secured?
Yes, your investment is secured against commodities
Is the warehouse operated by Origo or a third party?
Commodity is securely managed by a third party collateral manager
What information system can lender see against the investment made?
Lender will be able to see the commodity, outstanding amount, off-taker information on secured block chain platform through a web app and/or a phone app