Kadambaas Hospitality, faced a crisis in 2020. Here’s how KredX Invoice Financing made them profitable again
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Get working capital within 24-72 hours* with KredX’s technology platform to fund your company’s growth plans.
Collateral-free access to funds as the unpaid Bill works as pseudo-collateral
Sell your Invoices on the KredX platform at discounted rates as low as 1.2-2%**
Quick and simple online process for onboarding and speedy access to funds
Sign up on the KredX platform and upload essential documents
After document verification, get onboarded on the KredX platform
Upload your Invoice, and then one of KredX accredited testimonials will purchase that Invoice
After the purchase process is over, funds will get transferred to your business account in 24- 72 hours
Working Capital Dispensed
Businesses Got Cash Flow
Businesses Helped
Invoice Financing is the practice of using company's unpaid bills to raise working capital & fulfil its financial needs.
KredX provides a marketplace/platform for business owners to sell and investors to purchase bills 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 bills, raised on blue chip/creditworthy institutions, can use our platform to sell these unpaid bills at attractive rates.
Any business that supplies goods/services to large blue-chip companies can avail the invoice financing 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 Financing with KredX is an off-the-book financial solution. That’s because it is availed by leveraging the unsettled bills. Hence, it does not have any effect on the balance sheet.
We have no upper limit for sanctioned amounts for your bills 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 bills based on their worth.
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