TReDS Invoice Financing Jumps 36% During Festive Season
Invoice financing on RBI-regulated TReDS platforms rose 36% this festive season as MSMEs sought working capital for inventory. In August and September, TReDS platforms financed invoices worth Rs 75,788 crore, up from Rs 55,549 crore the previous year. TReDS enables MSMEs to upload approved invoices for competitive bidding by banks and NBFCs, facilitating early payments to businesses.
Economic Times·

