With the concept of Make in India spreading across the country more and more young minds are establishing their start-ups. And why shouldn’t they? It is generating employment for many people and helping the economy of India to flourish.

What a start-up needs the most during its initial phase of growth is venture capital investment. Poor cash flow can damage the success rate of any SME or MSMEs. To prevent your venture from crashing it is of paramount importance that you have the working capital set aside.

Slow paying invoices from customers can affect your business adversely. Usually, it takes anywhere between 60 – 90 days to clear the invoice. This means you have to wait for at least two months before making another investment.

What KredX Can Do For You

We all know companies cannot grow without making investments. This is where KredX comes in the picture. What KredX can do for you is bridge the duration of invoice payment, thereby catalysing your further investments by a simple process called Invoice Financing.

By using the Invoice factoring solutions offered by KredX, you can be at an advantageous position and make significant benefits financially. Instead of waiting for 60 – 90 days to receive your payment, you can opt for invoice financing and prevent your money from getting frozen. 

Invoice financing can act as an incubator for your independent business venture and help in generating liquid cash. While invoice factoring assists SME, it offers many perks even for well-established corporate groups.

Benefits Of Invoice Financing For MNCs

Let’s take a closer look at the benefits of invoice financing for MNCs.

• Release Cash Flow – All companies whether small or big need a constant cash flow for them to operate smoothly. By using the aid of invoice financing, you can release almost 80- 90{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of your invoice bill within a day instead of waiting for 60 days or more.
• Hassel Free Funding – While you can opt for loans from other financial institutions it always comes with a lot of baggage and a repertoire of requirements for you to qualify. Invoice financing solutions offered by KredX allows you to obtain the cash quickly with minimum paperwork.
• Ultra Short Term Finance – KredX lends you cash with minimum ARR, hence delivering maximum returns for your corporation.
• Reduced Risks – With the proprietary credit risk assessment model for borrowers and tech platforms, KredX enables quick, unobtrusive, and safe transactions.
• No Collateral Concept – Don’t have any assets to put up as collateral? Well, don’t worry about it. With the invoice financing services of KredX, no collateral is needed. You will only need to submit your unpaid invoice slips.
• Extended Credit Period – While you can obtain the much-needed cash to liquidate your finances via KredX, you can also increase the credit period for your customer. This helps build a healthy relationship with your customer, while you get your working capital.
• Higher Funding Limits – Usually financial institutions like banks evaluate your outstanding invoices and lend anywhere between 30 to 40{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the value. With the invoice financing solutions offered by KredX, you can receive up to 90{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the outstanding invoice amount.

The bottom line of benefits of invoice financing is pretty clear with the above-mentioned points. Be it a small or medium sized enterprise getting funded against your outstanding invoices is the best solution to cover the operational costs.

And with current positive testimonials, KredX was able to deliver maximum returns with reduced risks in lowest maturity period. Some clients were even able to receive up to 20{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} annualized returns which make KredX a preferred option for financial backing.