The SME sector is widely touted as the Indian economy’s engine of growth. As per a report shared by FICCI, this sector is responsible for creating over 11.10 crore jobs in the nation. Small and medium enterprises also make up around 40% of India’s export and 45% of its manufacturing output. Access to business loans…
Category: Invoice Discounting
Ease Your Cash Flow & Vendor Management With Discounting Platforms
Small and medium businesses often find themselves in cash flow crises and debacles of improper resource management. Often these arise due to lengthy credit periods to customers. Thus, more businesses are embracing invoice discounting as a viable means to bolster working capital. Resultantly, discounting platforms are gaining momentum, striving to streamline and simplify the process…
The Enigma Of Invoice Discounting & Financing Receivables
Though some businesses often refer to invoice discounting and financing receivables as an ‘enigma’, it’s safe to say they are not mysterious in any aspect. The reason why most businesses struggle with invoice financing is often because of inadequate knowledge about it. In case you are having some difficulty understanding the concept of invoice discounting…
Is A Bill Same As An Invoice?
In the world of business, one can often notice that the terms “bills” and “invoices” are used interchangeably as both of these commercial documents contain details of a sale. However, you must note that despite the various similarities between the two, they are not completely identical and are meant to fulfill different purposes. Sounds interesting,…
Invoice Discounting And Its Timely Reassessment
Do you know what sets invoice discounting apart from traditional funding options? Its flexibility. Ideally, it is a funding option that does not add to your existing debt or create new ones. It is merely an asset-based financing option; wherein, businesses use their unpaid invoices to raise capital. Over the years, invoice discounting has been…
How Is Technology Transforming The Invoice Discounting Space?
In theory, invoice discounting is an excellent financing solution. Cash-strapped businesses can release their locked-away funds in unpaid invoices at a discounted rate to meet several short-term obligations. Be it taking up a new project or paying suppliers in advance; invoice discounting plays a vital role in maintaining a healthy and smooth-running supply chain. However,…
How Has Fintech Given Invoice Financing New Legs To Stand On?
The Fintech market in India is expected to reach a value of more than Rs. 6200 billion by 2025, highlighting the immense potential for this sector. As internet penetration increases with each passing day, technology seems to determine how every company functions. Additionally, technological advancement has now started leading the way to newer and more…
Top 5 Benefits Of Invoice Finance For Small Business Owners
Small business owners are often faced with a dearth of working capital, which can compromise their operations significantly. If you have faced such an issue in your enterprise, you would know how difficult it can become to ensure efficient supply chain management under this situation. Insufficient working capital also means that you cannot pay your…
How Can Fintechs Bridge India’s Wide Invoice Financing Gap?
India’s fintech industry is expected to grow at a rapid pace in the upcoming years, with some predicting its value to cross Rs. 6,200 billion by 2025. Fintechs are often the preferred source of business finance for a plethora of reasons. If you have utilised fintechs when acquiring capital for your business, you would know…
Invoice Financing In India: TReDS And The Way Forward
India is home to several conglomerates and notable corporate entities. However, a mere look at current economic trends would show that it’s the MSME sector, leading this country’s economy from the frontlines. Financial experts believe, this sector, which currently comprises approximately 63 million units, will be instrumental in realising the vision of a $5 Trillion…