Bill discounting is the practice of using company's unpaid invoices to raise working capital for improved operational efficiency. Traditionally, financial institutions including banks and NBFCs have been discounting invoices for MSMEs. Bill or invoice discounting involves transfer of rights on an asset (invoice) from the seller (i.e. business) to the investor at an agreed value.

Any healthcare business that houses goods/services to large blue-chip companies can avail the invoice discounting services offered by KredX. The company should be willing to share their financial information and other related documents for the verification process.

As KredX provides complete healthcare financial solutions, we have no upper limit for sanctioned amounts for healthcare invoices and it is solely dependent on the business’s requirements. The upper limit depends on the business requirement and the eligibility as laid out by KredX.

No. A zero-liability invoice discounting service is provided by KredX as the working capital is availed using unpaid bills.

No. Being an ISO 27001:2013 certified private entity which deals with secure information from the clients, KredX does not share secured information with third parties.

KredX provides the option of short-term investments to our investors due to which the maximum tenure for a discounted invoice is 90 days.