KredX Muhurat Trading 2022: The Largest Online Invoice Discounting Event
KredX Muhurat Trading for e-commerce sellers is the largest online invoice discounting event. The MSMEs have an opportunity to gain quick access to liquidity to boost their businesses; on the other hand, investors profit significantly via remunerative returns.
The concept of Muhurat Trading has been part of India’s financial dialect long before online trading became commonplace. It is believed to symbolise that one can expect positive outcomes based on the decisions made during this period. The practice of investing during Muhurat Trading time was first introduced back in 1957 by the Bombay Stock Exchange itself.
How Can Businesses Benefit From KredX Muhurat Trading?
As India’s largest supply chain finance platform, KredX has emerged as a forerunner in reshaping how alternative financing works in this country. India’s Micro, Small & Medium Enterprises (MSMEs) continue to struggle to access funding alternatives in the market. Therefore, most MSMEs look for options that can provide them with instant financing without additional debts. This is where they turn towards invoice financing to keep their business operations intact.
Traditional lenders often consider small businesses high-risk borrowers due to the lack of collateral or assets they have to offer. Hence, it can get difficult for such enterprises to allocate their resources adequately. Additionally, if cash gets tangled up in unpaid invoices, it can jeopardise their essential business proceedings, such as buying raw materials or paying the salary of their employees.
In such scenarios, KredX functions as a financial intermediary that funds these businesses from its registered investors. As a result, SMEs leverage their account receivables to get an immediate working capital boost from investors and receive a discounted lump sum of the total invoice value. Also, as the involvement of a third-party lender remains undisclosed, the relationship between a business and its customers remains unaltered.
KredX has been successfully conducting its annual Muhurat Trading Event for the past few years. By taking part in this, enterprises can generate tenfold growth with quick access to unrestrained cash flow. Moreover, KredX offers cashback, rewards, and other incentives that can help businesses grow extensively and cater to the surge in demand better.
How Can Investors Benefit From KredX Muhurat Trading?
Investors focus on diversifying so that their entire portfolio does not face a setback if an asset class underperforms. For example, short-term investment in invoice discounting during Muhurat Trading can be a low-risk alternative that can offer them a high return rate within 30-90 days. On the other hand, investors get the scope of earning profitable returns during this event, as KredX provides a wide range of investment offerings suitable for diverse financial goals and lucrative rewards.
KredX has been organising the biggest online invoice discounting event for the past five years. MSMEs that participate in the event leverage their unpaid invoices to gain working capital from registered investors. The working capital boost they gain from the platform during this period becomes crucial in ensuring that they can adequately cater to the customers’ demand surge.