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Trade Receivables Discounting System (TReDS)
Trade Receivables Discounting System (TReDS)
- Advantage to Buyers
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Improved vendor management with seamless vendor payment
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Working capital management with leverage on reduced cost of borrowing
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- Advantages to Sellers
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Lower cost of financing
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Collateral free financing
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Working capital management with leverage on receivables
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Simple one-time documentation with TReDS platform
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Click here for details
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The seller uploads bill of exchanges, invoices as applicable in the portal & the buyer accepts the same.
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The financiers (banks) will bid on the Factoring Unit (FU) as per Bank’s internal terms and conditions.
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The seller accepts the best bid basis their requirements.
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The selected financier disburses the funds to the seller.
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The seller receives the funds for accepted invoices.
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The dues will be collected from the buyer on due date.
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Post receipt of outstanding amount, financier nullifies their loan.
T&C apply
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