Category: Uncategorized
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Invoicemart
Invoicemart, a joint venture between Axis Bank and mjunction services, is a digital platform that connects MSME suppliers and corporate buyers to multiple financiers. It enables sellers to sell their invoices to financiers, thus unlocking working capital quickly. Invoicemart is a Trade Receivables Discounting System (TReDS) platform set up to resolve the credit challenges faced […]
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Invoice Discounting
This is a way of raising short-term funds or getting the liquidity required when your working capital is stuck in credit period availed by your buyer. Invoice discounting is a specific term for trade receivable discounting. Invoice discounting means getting funds against invoices you raised against your buyer. like receivable finance with some difference from […]
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Escrow Agreement
Escrow is a tripartite agreement where two parties are involved in transaction/trade/business and third party is neutral party. Neutral party holds the funds/assets until the trade conditions are complied between both the transacting parties. It reduces the default risks from either buyer or seller. Will understand same by taking an example. In our last example […]