What is Invoice Discounting?
What is Invoice Discounting?
Invoice discounting is basically a process through which small businesses use their receivable invoices to avail capital for a short period of time.
Invoice discounting is basically a process through which small businesses use their receivable invoices to avail capital for a short period of time.
Why Invoice Discounting?
Why Invoice Discounting?
#1. Short Term Investment
#1. Short Term Investment
10-13% of returns in a short time say 90 days.
10-13% of returns in a short time say 90 days.
#2. Good Fix Return
#2. Good Fix Return
Good option against FD as interest is predefined & better than FD’s.
Good option against FD as interest is predefined & better than FD’s.
#3. Not Volatile as Stock Market
#3. Not Volatile as Stock Market
Since returns are fixed at the start no risk of volatility.
Since returns are fixed at the start no risk of volatility.
#4. Diversification
#4. Diversification
Good diversification tool and a way to regular income.
Good diversification tool and a way to regular income.
#5. Available Online
#5. Available Online
Platforms like TradeCred have made it easy for even small retail investors to use invoice discounting.
Platforms like TradeCred have made it easy for even small retail investors to use invoice discounting.
For More
https://relearnfinance.com/