Askari Bank, Servis Group, and Fauree Launch Digital Supplier Finance Program for Nationwide Vendor Network

Collateral-free, transaction-backed working capital financing now available digitally across Servis Group’s distributor and vendor ecosystem

Askari Bank, Servis Group, and Fauree have launched a Digital Supplier Finance program that brings structured, transaction-backed working capital financing to Servis’s nationwide distributor and vendor network. The collaboration leverages Fauree’s digital platform to enable supply chain partners to access financing against confirmed invoices — without the need for traditional collateral or extensive paperwork.

Servis Group is one of Pakistan’s most recognized industrial conglomerates, with operations spanning footwear, tyres, and other consumer and industrial products. Its supply chain comprises a vast network of vendors and distributors across the country, many of whom rely on timely working capital to sustain inventory cycles and operational continuity.

Under the program, Servis’s confirmed invoices serve as the basis for credit decisioning, allowing Askari Bank to extend financing rapidly and at scale. The end-to-end digital workflow — from vendor onboarding to invoice submission to disbursement — eliminates the inefficiencies of legacy supply chain finance models, reducing turnaround times from weeks to a matter of hours.