There are many benefits to MSMSs with TReDS. The platform essentially brings together 3 stakeholders – Buyers (Large / Mid corporate’s, PSU / Govt entities, MNCs, etc), Sellers (MSME Vendors or suppliers of these Buyers), and Financiers (Banks, NBFC Factors).
TReDS (Trade Receivable Discounting System) a strong initiative by RBI & MSMED Ministry for a digitized platform for invoice discounting. There would be multiple banks on the platform, bidding basis the strength of participating buyers, thus enabling a transparent bidding process with access to best interest rates enabling smooth transactional flow & timely payment to MSME vendors. The platform essentially brings together 3 stakeholders – Buyers (Large / Mid corporate’s, PSU / Govt entities, MNCs, etc), Sellers (MSME Vendors or suppliers of these Buyers), and Financiers (Banks, NBFC Factors).
AXIS Bank formed the joint Venture with mJunction and started A. TReDS Ltd with the Platform Name “Invoicemart”
There are many benefits to MSMSs with TReDS. We are associated with INVOICEMART who has waived off the one-time registration fee with immediate effect. This window of the fee waiver is available for a limited period (Until Aug 2020). We request all the MSMEs to register under TReDS and take advantage of the same.
Contact for more details:
For more information, download the document.
Mail (will not be published) (required)
Do you want to take your business to the next level?
This is time for a brand new journey to be explored!
Registering to the webinar – https://jensource.in/event/business-directions-designer-services-webinar-4/
Our ex-ELCIA board member Mr. Ram Ramakrishnan will conduct the webinar on the 7th of August, 2020 between 3 PM to 4 PM.
The three-step approach formulated by Jen Source will help business owners and entrepreneurs to put in place plan ‘RSG-Reimagine/Restore, Stabilise, and Grow’ through our Unique framework “HEART.”
This framework will provide a step by step guide to designing your business directions in a professional, systematic, and a sustainable manner.
This webinar would be an absolute treasure to set up the right trajectory for growth for your business.
The program will be conducted online. On successful registration, the webinar link will be shared.
Who Can Benefit?
Business owners and entrepreneurs of Small, Micro, and Medium enterprises who would like to improve their business growth.
ELCIA in association with XIME has organized a session on ‘Demystifying Government Support Schemes for MSMEs’.
View all »