A small vendor from Gujarat supplying chemicals to a large petroleum corporation listed its invoice worth Rs 1.5 lakh on the M1xchange discounting platform. After the corporation approved the invoice, ...

Running a business is not just about a good product or service. Proper money management is just as important. Cash flow problems can arise at any time due to late payments, sudden expenses or the need ...

Infrastructure, electricals/electronics, auto & ancillaries, textiles, energy, and agro industries account for over 60 per cent of M1xchange’s total throughput ...

Due to the credit squeeze and many banks’ unwillingness to lend, businesses are finding it difficult to raise money to finance their activities. Factoring and Invoice Discounting can allow a company ...

An alternative form of financing for companies which allows them to receive funds against outstanding sales invoices. The discounter pays the company up to 90% of the invoice values in advance and ...

The down economy has led more small businesses to turn to invoice discounting, a form of factoring, for cash-flow assistance. . Another option is a form of factoring called invoice discounting. The ...

The Financial Securities Exchange (Finsec) has unveiled an innovative invoice discounting service through its private markets platform, aimed at enhancing financial liquidity for local businesses.

It was just last week ago, that the RBI underscored the importance of cyber security, and harped on the need to create a bulwark against frauds online. Now, in a major development emerging from the ...