Sales invoice Discounting
Fast-Track Growth with Flexible Invoice Discounting Platforms!
Our Sales Invoice Discounting platforms in India provides businesses with a flexible working capital solution, irrespective of if they are dealing with large corporates or when dealing with buyers without a formal credit rating.
Key Features
Key Features of Invoice Discounting Platforms in India
Cut the Working Capital:
With this product, you can leverage your sales invoices with your regular buyers. This allows you to access funds based on your unpaid invoices, improving your cash flow and enabling business growth.Enhanced Cash Flow:
This product ensures a steady cash flow for your business by allowing you to receive funds against your unpaid invoices promptly. You no longer have to wait for your customers to pay their invoices, as the lender will advance you a percentage of the invoice amount.No Anchor dependence:
In Flexipayment, Sales Invoice Discounting does not require an anchor buyer. You have the flexibility to choose the invoices you want to discount. Invoices could be on any of your regular buyer.
Flexibility:
You have the flexibility to choose which invoices to discount; and how much to discount (yes, you can get part invoice discounted), depending on your cash flow needs. Flexipayment allows you to optimize your working capital and access funds as and when required, without any restriction on the number or value of invoices you can discount.Competitive Pricing:
We will charge a discount fee or interest on the advanced funds, which is typically based on the creditworthiness of you and your buyer and the credit terms of your invoices. The pricing will be competitive and tailored to meet the specific needs of your business.
6-Reasons To Choose Flexi Payment
Choose us for our commitment to customer satisfaction, competitive interest rates, and a commitment to helping your business grow and succeed.
What is Invoice Discounting?
Is your cash tied up in your outstanding invoices? Giving credit to your customers for a longer period could hamper the regular cash flow of your business. With Tata Capital Invoice Discounting solutions, get early payments against your outstanding invoices. Purchase Invoice Discounting will save your business from the cash flow pressure while giving you some breathing space.
We help your business manage late payments and keep up with seasonal demands. By taking advantage of invoice discounting facility, you can ensure the growth your business deserves, and even perform well in periods of turbulent financial times.
Invoice Discounting is available from Tata Capital for vendors dealing with selected Corporates only which are approved by Tata Capital.
Faq’s
Frequently Asked Questions
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Q1. What is the difference between Invoice Discounting and Invoice Factoring?
Invoice discounting is a credit feature in which the funding is raised from the submitted invoices or bills. Whereas, in case of invoice factoring an enterprise sells its accounts receivable to a third party at a discount.
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Q2. How do you account for invoice discounting?
Ans. Invoice discounting is a process in which a third party/buyer and bank is involved in providing funding to the seller.
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Q3. What is confidential invoice discounting?
Ans. Confidential invoice discounting is a financial feature in which customers and suppliers are not aware that the business is being advanced capital against sales invoices before the payment is received.
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Q4. How long does it take to avail funds through invoice discounting?
Ans. It depends on the business volume and bank or lender regarding the disbursal of loan amount. Generally, it takes around 7-10 working days in the whole process.