Tag: treds
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TReDS
What is TReDS? The scheme for setting up and operating the institutional mechanism for facilitating the financing of trade receivables of MSMEs from corporate and other buyers, including Government Departments and Public Sector Undertakings (PSUs), through multiple financiers is known as Trade Receivables Discounting System (TReDS). Following are the Salient Features of TReDS. Unified platform […]
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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 […]