Manufacturing, logistics, services or retail: whatever be your industry we have you covered. Gain access to collateral-free working capital in just a day or two.
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Manufacturing, logistics, services or retail: whatever be your industry, we have you covered. Gain access to collateral-free working capital in just a day or two.
Gain access to working capital using your unpaid invoices through receivables discounting in just 24-72 hours*
KredX offers a collateral free receivables discounting service that doesn’t impact your balance sheet
Receive timely access to working capital and speed up your cash cycles for business success
Say hello to business growth and expansion with timely
access to money
We understand your business needs and cater to them whatever be the industry
Quick access to collateral-free working capital for upto 90%** of invoice amount
Easy and transparent online process to ensure instant listing and quick access to funds
Sell your accounts receivables for discounting rates as low as 1.2-2%**
Instantly upload invoices through KredX’s self-serve module and track the status in real-time
Receivables 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. Receivables discounting involves transfer of rights on an asset (invoice) from the seller (i.e. business) to the investor at an agreed value.
KredX is an online receivables discounting platform where business owners get an opportunity to raise working capital at attractive terms by discounting their unpaid invoices raised on blue chip companies. KredX aims to remove operational inefficiencies around the receivables discounting space by extensively using technology and its data analytics & credit underwriting capabilities.
Any business that supplies goods/services to large blue-chip companies can avail the receivables 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.
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.
As we provide short-term investment facility to our investors, we only offer tenures upto 90 days as of now.
No. We offer a zero-liability receivables discounting service. Since the working capital is availed using invoices, it bears no impact on your balance sheet.
"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."
"Invoice discounting helps fill the gap in working capital cycles. Through KredX, we have achieved customer satisfaction due to on-time delivery"
"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 bank loan."
CEO Manish Kumar won the 'Entrepreneur of The Year' in Business Services - Money Services at the 7th Annual Entrepreneur India Awards 2017
KredX was featured among the top 100 leading global Fintech innovators in the KPMG-H2 Ventures 2017 Fintech100 list
KredX was among the top 50 ventures in The Smart CEO-Startup50 India 2016 Program
Sutra HR’s Top 100 Startups to Watch in 2017
