Get the funds you need now to cover expenses and grow your business.
What is CredAble’s
Sales Invoice Discounting?
Sales invoice discounting enables businesses to encash unpaid invoices and get cash upfront to meet urgent working capital needs.
- Minimal Paperwork
- Quick Processing
- Collateral-free Capital
- Dedicated RM Support
Why should you apply for Invoice Discounting with CredAble?
Best
Interest Rates
Improve your cash flow.
Effortless
Application Process
Free up working capital so you can focus on growing your business.
Get On-Time Financing,
Every Time
Secure a better interest rate than a traditional loan, without any additional collateral.
Tailor-Made
Credit Solutions
Get approved quickly and easily.
Build Supplier
Relationships
Enjoy competitive interest rates and flexible repayment terms.
Dedicated
Relationship Manager
Dedicated relationship manager to provide you with all the support you need.
How Credable's Sales Invoice Discounting Works?
Contacting Us:
Reach out to us by completing the form on our website from here.
Dedicated Relationship Manager:
Once you submit the form, a dedicated relationship manager will be assigned to guide you through the necessary document submission process.
Document Verification and Disbursement:
Our team will carefully verify all submitted documents, and upon approval, we will disburse the sanctioned amount.
Funds in Your Account:
You can expect to receive the approved amount in your bank account within 4 business days.-
Buyer Payment:
Your buyer is expected to make full payment by the due date.
Information we need to process your Invoice Discounting application
Individual & Business
KYC details
Sales
Ledgers
Sales bank
account statements
Last 3 years audited
financial statements
CredAble’s Working Capital Solutions, Customised for Your Business.
CredAble Success Stories
Have more questions on Invoice Discounting?
We’re here to help.
Invoice Discounting is a way for businesses to quickly access funds by using their unpaid invoices as collateral. It helps maintain a steady cash flow and ensures there’s enough money available for business growth without waiting for customers to pay their invoices.
Any business that supplies goods/services can avail the bill discounting services provided by CredAble. 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.
The amount of funding you can get through Invoice Discounting with CredAble is not capped. The exact amount will depend on your business’s requirements and eligibility.
Invoice Discounting lets businesses use unpaid invoices as loan collateral, providing upfront amount while retaining ownership and often remaining confidential.
In contrast, factoring means selling unpaid invoices to a third-party, yielding control, offering immediate funds but disclosing the arrangement to customers. It can be more costly but offers convenience and risk mitigation as the factor manages collections, informing customers typically.
Please note that CredAble currently provides an Invoice Discounting facility but does not offer factoring services at this time.
The duration for establishing an Invoice Discounting arrangement can vary, but generally, approval and funding typically take anywhere from 1 to 2 weeks.
With CredAble’s Invoice Discounting solution, you can choose which invoices to discount once they are approved by us.