Purchase Invoice Discounting
Accelerate your supplier payments, fund your business purchases and unlock uninterrupted growth with CredAble’s Purchase Invoice Discounting.
RBI Registered NBFC
ISO 27001:2022
& Secure
Required
“CredAble” is a Trade Name for Equentia Financial Service Private Limited.
Businesses On The Platform
of Loans Disbursed
Locations
Product Offerings
What is CredAble’s
Purchase Invoice Discounting?
Purchase invoice discounting unlocks instant working capital for short-term business-related purchases.
- On-time Financing
- Competitive Rates of Interest
- Faster Approval Process
- Quick Disbursements
Why should you apply for Purchase Invoice Discounting with CredAble?
Best
Interest Rates
Get outstanding purchase invoices discounted at the best rates in the market.
Effortless
Application Process
Access capital swiftly with our hassle-free, digital application process.
Get On-Time Financing,
Every Time
Accelerate your cash inflows and get the funds you need when you need them the most.
Build Supplier
Relationships
Pay your suppliers on time and strengthen business relationships with a reputation for reliability and trust.
Dedicated
Relationship Manager
Gain insights into the best financing options for your business with expert advice from our Relationship Managers.
How Credable's Purchase Invoice Discounting Works?
Contact Us:
Reach us by completing the contact form available .
Dedicated Relationship Manager:
One-on-one conversation with your relationship manager to explore lending solutions for your business needs.
Document Verification & Limit Set-Up:
The documents submitted will be verified, assessed and a credit limit will be set and approved.
Submit Your Purchase Invoices:
Submit the purchase invoices you would like to fund with your relationship manager, and they will help you with the rest.
Enjoy Extended Credit Periods:
Discount your business’s purchase invoice, pay your suppliers on time and enjoy an extended credit period.
Information we need to process your Purchase Invoice Discounting application
Document Checklist
Individual & Business
KYC details
Financials for the
previous 2 fiscal years
GSTR details for the
current fiscal year
Check Your Credit Readiness
Registered business
2+ years in operation
CredAble Success Stories
Have more questions on Purchase Invoice Discounting?
We’re here to help.
Purchase invoice discounting, sometimes referred to as purchase bill discounting, is a financial instrument that grants businesses the ability to fund their purchases by discounting their purchase invoices and pay their suppliers early.
Purchase invoice discounting offers benefits such as improved cash flow, faster access to working capital, extended credit period and the ability to meet financial obligations promptly.
The application process is typically streamlined and digital. To apply for Purchase Invoice Discounting, you can submit a request on our website. We will review your application and get back to you.
Purchase invoice discounting approval is generally influenced by your credit score. The stronger your credit score, higher are the chances of your Purchase Invoice Discounting approval.
Purchase Invoice Discounting is a financial instrument that grants businesses the ability to fund their purchases by discounting their purchase invoices and pay their suppliers early. On the other hand, Working Capital Demand Loan is a short-term collateral-free loan, usually extended through a credit line, that helps businesses cover their day-to-day expense.
