M1xchange

How to Choose the Right Bill Discounting Platform in 2025 For micro, small and medium enterprises (MSMEs), accessing working capital promptly is a top priority, especially in such a financial landscape. Traditional lending avenues might hinder their process here, as they’re often slow, document-heavy and dependent on collateral. This is where bill discounting and invoice discounting platforms can be resourceful, they offer efficient, digital alternatives to unlock liquidity using unpaid invoices.    Plus, being in such an evolving landscape, businesses must choose the right platform/partner for discounting bills of exchange or invoices. And with the rise of multiple fintech players and digital marketers in the industry, MSMEs must evaluate keenly, not just the rates and processes, but also security, compliance, and ecosystem support.    Here’s a comprehensive guide to help you choose the right bill discounting or invoice discounting platform that aligns with your bus...

Top Benefits of Registering on a TReDS Platform in India Micro, Small, and Medium Enterprises (MSMEs) are the enterprises that mainly form the backbone of India’s economy. However, even when they make a significant contribution to employment and the country’s GDP, they face a constant challenge, which is timely access to working capital. The Trade Receivables Discounting System (TReDS) was introduced by the Reserve Bank of India (RBI) to address this particular issue.  TReDS is an institutional mechanism for financing trade receivables of MSMEs from corporate buyers through invoice discounting. Among the three TReDS platforms that are approved by the RBI, M1xchange, which is set up by Mynd Solutions Pvt Ltd, has emerged as a trusted and efficient digital marketplace for TReDS bill discounting .  So, what are the benefits of registering on a TReDS platform in India? Let’s find out, and let’s also uncover why M1xchange is an ideal choice for MSMEs, buyers, and financiers alike....

  TReDS vs Traditional invoice financing: What’s better for your business? A sustaining business is not just about making sales. It is also about getting paid on time. But as many MSMEs know, payments can take 30,60, even 90 days to come in. This is the reason why many businesses turn to invoice financing. It helps them access money tied up in unpaid invoices. But today, there is more than one way to do it. The traditional route through banks still exists, but there is a faster, more transparent option now - TReDS. Let us break down and help you figure out what works best for your business. What is Traditional Invoice Financing? In the traditional setup, you approach a bank or NBFC with your unpaid invoices. They give you most of the amount in advance, keeping a small portion as a fee. You get the rest once your customer pays. Sounds simple, but there are some drawbacks: You often deal with just one lender The process involves paperwork and follow-up The interest rat...