M1xchange
Finance
About Service
M1xchange TReDS is a digital marketplace to sell the receivables to banks/NBFC set up under the approval of Reserve Bank of India (RBI) to facilitate the discounting of invoices and bills of exchange on a PAN India basis. The exchange enables MSME to secure finances by converting their trade receivables into liquid funds without recourse. The exchange has hosted Nationalised, Private and Foreign banks to finance these receivables at most competitive rates with a unique model of bidding by the banks.
Customer Segment
M1xchange serves Micro, Small & Medium Enterprises, across geographies.
Rate Card
M1xchange charges the fee to an entrepreneur as and when bill is discounted.
Other Information
M1xchange serves Micro, Small & Medium Enterprises, across geographies.
