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RXIL runs one of India's TReDS platforms, where an MSME seller can get invoices raised on large buyers discounted by banks and NBFCs, turning receivables into cash before the buyer pays.

RXIL: a TReDS platform for MSME invoice discounting

From rxil.in by Receivables Exchange of India Platform

  • TReDS lets MSMEs get paid early on invoices to large corporate and government buyers.
  • The discount rate is set by competing financiers, not by the buyer.
  • Register as a seller; your buyer must also be on the platform.
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