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FinancierTReDS to improve flow of Working Capital Credit to MSME biz
The MSME industry is the backbone of the economy, with 40% of national employment, accounting for 30% of the country’s GDP, 48% of total exports, and 40% of total workforce employment…
In conversation With Mr. Sundeep Mohindru- CEO , M1xchange
Jahnavi– Due to recent tough compliances and multiple other reasons MSMEs are shutting down there businesses and in these circumstances how trade receivable can play an important role for the…
TReDS platform operators welcome RBI’s directive to ease MSME invoice discounting, boost liquidity
Credit and finance for MSMEs: Currently, financiers such as banks, NBFCs, and others bid on the invoice at discounted rates depending on the buyer’s rating. Usually, financiers give credit…
TReDS platform M1xchange eyes 60-70% growth in business volumes this fiscal
Growth optimism stems from expected increase in number of MSMEs, NBFC presence and trade credit insurance, says Chief Executive Mohindru……
Mastercard partners with M1xchange for digital invoice discounting solution for FPOs, MSMEs
NEW DELHI: Mastercard on Thursday announced its collaboration with M1xchange to offer a digital invoice discounting solution to farmers, farmer producer organisations (FPOs),……
M1xchange offers early liquidity for MSMEs through TReDS
Pune: TReDS platform M1lxchange plans to strengthen more than 4.7 million MSMEs in Maharashtra through trade receivable discounting system (TReDS) primarily focusing on automobile…….
M1xchange plans to strengthen MSMEs
India’s leading TReDS Platform M1xchange plans to strengthen more than 47 lakhs of MSMEs in Maharashtra through Trade Receivable Discounting System (TReDS) primarily focusing on…….
TReDS platform to on board more MSMEs
India’s leading TReDS Platform M1xchange plans to strengthen more than 13 lakhs of MSMEs, focusing on the Automobile, Sugar, Textile and heavy engineering sectors in Tamil Nadu through…….
M1xchange to boost 50L MSMEs in state
Kolkata: India’s one of leading TReDS (trade receivables discounting system) platforms, M1xchange, plans to strengthen nearly 50 lakh micro, small and medium enterprises (MSMEs) of …….
M1xchange Join Hands With SIDBI To Enhance Proactive Initiative of TReDs
M1xchange offers early liquidity to MSMEs within 24 hours through its online bidding platform through end-to-end digital process. This is a highly effective and efficient solution for addressing the issue of delayed payment of MSMEs……