The vitality of tech-based invoice discounting startups in the ecosystem of India's MSME

Hero Fincorp22 Jul, 2021Finance

Hence, many owners resort to banks for additional credits but missed to realise that the invoice is also an apparatus to obtain funds. Since invoice remains a tapped fiscal apparatus, multiple tech-based startups have emerged to resolve the matter of late payments. While many companies provide funds in advance, others have conceptualised the invoice discounting processes for added ease.