A bill discounting platform is a marketplace that provides businesses the opportunity to get instant cash by selling their outstanding invoices or bills to a third party registered on the Platform in exchange for a discounted amount. The third-party can be Bank/FIs, NBFC, HNIs, Firms, and individuals, who pay the business a portion of the...Read More
Invoice discounting is the term used for a financial service where a provider lends cash to a firm up to the value of its unpaid invoice. Out in the market, many suppliers (International) work with different payment terms of up to 120 days, which may cause a strain on their finances. Suppliers also often...Read More
Technological innovations in digital space are slowly replacing the traditional banking setup in a big way. A few years ago, one had to spend considerable time to manage banking tasks like passbook updating, money deposits or withdrawal, cheque encashment, and getting a loan. What was more challenging back then was to wait in long...Read More