Which Tred platform is best?
In 2020-21, RXIL has also emerged as the leading platform with more than Rs 6,500 crore of throughput.
How does invoice Mart work?
Invoicemart, a joint venture between Axis Bank and mjunction services, is a digital platform which connects MSME suppliers and corporate buyers to multiple financiers. It enables sellers to sell their invoices to financiers, thus unlocking working capital quickly.
What Tred portal?
TReDS is an electronic platform for facilitating the financing / discounting of trade receivables of Micro, Small and Medium Enterprises (MSMEs) through multiple financiers. These receivables can be due from corporates and other buyers, including Government Departments and Public Sector Undertakings (PSUs).
How do I apply for TReDS?
Uploading the templates with entity Seal/Stamp and signatures of Authorised official/s. Payment of one time registration fee as applicable. Completion of Registration by RXIL executive. Despatch of all original documents to RXIL after receiving Login ID and Password of the TReDS platform.