Bill Discounting in India

Bill discounting in India or invoice discounting is a trade. A seller gets his payment once he raises the invoice to his customer and if he/she fits certain criteria. You can get your payment once you submit the invoice to the respective financial institutions after the submission of minimal documentation. Bill discounting will help you to get your working capital and will help your firm grow rapidly.

Looking for bill discounting companies in India? Your search could stop at Financiio Venture. Apply now at Ease!

Bill Discounting Facilities for MSMEs

Indian Financial Institutions are still not in a better condition to understand the MSMEs and fund them accordingly. Almost 75% of the MSMEs have no collateral to offer to the banks. And there is always a crunch of working capital for them. To resolve this working capital issue, bill discounting in India will stand as the best and most suitable option from all angles.

Advantages of Bill Discounting

You can discount your invoices from the Financial institutions and get your invoices paid immediately.
The discounting can be done up to 95% of the invoice amount and the remaining will be paid once your debtors pay.
Bill also makes it easier to deal with large corporates.
It eases the working capital cycle

Benefits

add remove

Speeding up the Working Capital cycle

add remove

More working capital, more expansion

add remove

Pay interest only on the money that you discounted

add remove

Early Payment to Suppliers

add remove

No Mortgage

add remove

Suitable For Working Capital

Understand the process of bill discounting from case study.

Bill Discounting Rate of Interest

Currently, in the Indian debt market, unsecured funding starts with 18% PA, that too in the term loan format. When you consider the option of Bill Discounting, this comes under working capital financial instruments. Even if this is an unsecured product the rate of interest starts with 12% PA and you have to pay only for the period you use the bill discounting facility. As soon as your customer pays the invoice, the interest living cycle stops.

Learn more about bill discounting from FAQs.

Documentation

The whole process of the documentation is very simple and time-saving. Initially, when you approach us we get all the major documentation done. Once the limit is approved you only have to submit the invoice and in a day or two, the amount gets credited to your account.

Why Financiio Venture for Bill Discounting?

Financiio Venture is an investment banking firm providing bill discounting facilities. This helps businesses to minimize their risk and to get access to better financial products, eventually saving the cost and strengthening the bottom line. Thus, avail of a hassle-free arrangement for bill discounting without a mortgage in Pune, Mumbai, and across India. We are one of the most modernized and highly specialized bills discounting syndication companies. We understand the customer and their financial strengths and weaknesses and only then suggest the best financial solutions.