TReDS is financial lifeline for MSMEs, remedy for problem of late payments: Sundeep Mohindru, M1xchange
Adoption of TReDS has picked up pace on account of ease with which sellers and buyers can source working capital finance on the platform via digital bill discounting, says Sundeep Mohindru
No Risks Associated With MSMEs Using RBI’s TReDS: Amit Sachdev, M1xchange
The TReDS platform is an RBI-licensed marketplace that enables MSME sellers easy access to working capital by unlocking their approved receivables from buying entities such as corporates, PSUs, government
TReDS platform M1xchange enables invoice financing for transactions between SME buyer and SME seller
The facility has digital credit analytics, which is enabled through a credit analytics engine (CAE) that leverages data available from multiple online data sources such as bank statements, GSTN, TReDS transaction data, etc.