A seamless process that turns paper invoices into instant working capital.
Deliver goods or services and issue formal GST commercial invoice to corporate buyer.
Submit invoice and proof of delivery (POD) on discounting portal or TReDS platform.
Lender validates invoice and credits 80% to 90% of invoice amount to your account in 24 hrs.
Corporate buyer settles the full invoice amount with the lender on normal 60/90 day credit terms.
Lender remits remaining 10-20% balance to you, deducting nominal discount fee (1-1.5%/mo).
The seller remains responsible for reimbursing the factor if the buyer fails to pay upon invoice maturity. Features lower discounting interest rates and higher advance percentages.
The lending institution absorbs 100% of the credit default risk if the corporate buyer goes bankrupt or defaults. Completely protects your balance sheet from bad debts.
We offer both Confidential Invoice Discounting (where the facility remains completely private and payments continue to your designated collection account) and Disclosed Factoring (where formal assignment notice is sent to the buyer).
TReDS is an RBI-authorized electronic platform that facilitates the financing of trade receivables of MSMEs from corporate buyers and government PSUs through competitive bidding by multiple financial institutions, ensuring the lowest discount rates.
Speak with our trade finance specialists.