Still Relying On Business Loans To Fund Your Business?
With KredX Invoice Discounting
Get Funds NowCo-founder, GoBOLT
“KredX has helped us unlock the potential of our business receivables, shortening our cash-to-cash cycle, thereby giving us business owners flexibility to work more efficiently.”
Partner, Aruna Industrial Corporation
“KredX’s technology platform is very good and has helped me to receive funds within 1 week of product shipment to our clients. This has really made our lives very simple.”
Head Purchase & Finance, Stanzen Engineering Pvt Ltd
“KredX helped me smoothen out my business’s regular operations. With KredX’s bill discounting platform, we now get funds immediately thus reducing the working capital interest as opposed to a bank loan.”
Optimize cash flow
smooth operations
Zero Collateral
Off Balance Sheet Solution
Working Capital Dispensed
Businesses Got Cash Flow
Achieved By Clients
Invoice discounting is the practice of using company's unpaid invoices to raise working capital & fulfil its financial needs.
KredX provides a marketplace/platform for business owners to sell and investors to purchase invoices raised on blue chip companies. It combines the best in class technology experience with credit underwriting & data analytics capabilities to create a brand new investment asset class.
Business-owners looking for advance on their invoices, raised on blue chip/creditworthy institutions, can use our platform to sell these unpaid invoices at attractive rates.
Any business that supplies goods/services to large blue-chip companies can avail the bill discounting services provided by KredX. Eligibility and amount of discounting is governed by the creditworthiness of the business and therefore they should be willing to share their financial information and other related documents.
Invoice discounting with KredX is an off-the-book financial solution. That’s because it is availed by leveraging the unsettled invoices. Hence, it does not have any effect on the balance sheet.
We have no upper limit for sanctioned amounts for your invoices and it is solely dependent on the business’s requirements. The upper limit depends on the business requirement and the eligibility as per KredX’s criteria.
The financing option works like a revolving funding facility. The discounting service provider forwards funds against unpaid invoices based on their worth.
The time to avail funds through invoice discounting depends on your financier. With KredX, you can avail funds within 24-72 hours*.
Through invoice discounting, you can avail credits up to a certain percentage of your unpaid invoice’s total value, allowing you to ensure a steady inflow of capital to your business at all times.