Bill discounting is the practice of using company's unpaid invoices to raise working capital for improved operational efficiency. Traditionally, financial institutions including banks and NBFCs have been discounting invoices for MSMEs. Bill discounting involves transfer of rights on an asset (invoice) from the seller (i.e. business) to the investor at an agreed value.

KredX is an online bill discounting platform where business owners get an opportunity to raise working capital at attractive terms by discounting their unpaid invoices raised on blue chip companies. KredX aims to remove operational inefficiencies around the bill discounting space by extensively using technology and its data analytics & credit underwriting capabilities.

Any business that supplies goods/services to large blue-chip companies can avail the bill discounting services provided by KredX. Eligibility and amount of discounting is governed by the creditworthiness of the business and therefore they should be willing to share their financial information and other related documents.

We have no upper limit for sanctioned amounts for your invoices and it is solely dependent on the business's requirements. The upper limit depends on the business requirement and the eligibility as per KredX’s criteria.

As we provide short-term investment facility to our investors, we only offer tenures upto 90 days as of now.

No. We offer a zero-liability bill discounting service. Since the working capital is availed using invoices, it bears no impact on your balance sheet.