When suppliers sell goods to buyers on a large scale, they send out an Invoice or a Bill with the number of goods and the payment due date to the buyer or the wholesale dealer.
These goods are sold on credit i.e. immediate payment is not made by the buyer.
The buyer wishes to delay the credit period while the seller will seek immediate payments.
To retrieve funds, suppliers can sell the Bill to an Invoice Discounting Company.
The Company gives out an immediate amount to the buyer based on that bill, but which is slightly less than the Bill amount.
The difference in the value of the bill and the amount paid to the supplier after discounting goes to the company as discounting fees.
| Value | Up to 60% to 90% of Invoice Amount |
| Availability of Funds | Immediate |
| Cost of Finance | Service Charge + Discount Charge as per agreement |
| Collateral required | No |
Instant Cash Flow After submitting the proper documents get funds in 24-72 hours*
Risk-free Assets Get cash against your company’s unpaid invoices. No need to pledge any assets
Real-time Updates Our FinClick Team pool of experts help you with the real time updates
End-to-end Management Smooth and transparent process from invoice listing to funds disbursal
Get Funds ss Soon As You Receive The Invoice. Accelerate Your Cash Inflow By Converting The Company’s Account Receivable Into Liquid Cash.