Invoicemart, a joint venture between Axis Bank and mjunction services, is a digital platform which connects MSME suppliers and corporate buyers to multiple financiers. It enables sellers to sell their invoices to financiers, thus unlocking working capital quickly. Invoicemart is a Trade Receivables Discounting System (TReDS) platform set up in order to resolve the credit challenges faced by the MSMEs.
Unlock your working capital
Get paid within 24 hours of selling an invoice
Leverage your credit profile for best cost of funds
Access to multiple financiers for competitive cost of funds
Get paid for receivables
Avoid taking any debt on your books
One-stop shop for all vendor payments
Allows seamless integration with ERP systems
Significantly reduces processing time
Facilitates quick payments
Improves business relationship
Enables flexible repayment terms
All funds disbursed via Invoicemart qualify for priority sector lending
Access to top-rated corporates and their MSME suppliers
Customised reports and data extraction for easy reconciliation
Low-risk of default as buyers are top-rated