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.Read more
Unlock your working capital
Get paid within 48 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
“Invoicemart has enabled us to improve the financial health of our vendors, which gives us better control over procurement. Additionally, the platform has helped us streamline our vendor payments and manage our cash flows.
It is a great initiative; we are proud to be the first buyer to be registered on Invoicemart.”
"It is a pleasure to be associated as a financier on Invoicemart. Your choice of buyers has helped SBIGFL improve the overall quality of debtors and your operational team is responsive to our request for providing customised solutions.
Together, we expect to grow into a formidable platform to support MSME funding requirements."
SBI Global Factors
"Invoicemart has enabled us to manage our current cashflows in a better way and improve the financial health of our vendors, which gives us better control over procurement.
It also gives us an open access to various lenders with competitive pricing which fortunately helps us to reduce finance cost to some extent."
Transformers and Rectifiers India Ltd.
“Invoicemart has come out exceptionally good as a comprehensive platform to digitise the domestic invoice discounting piece, which complements the digital initiative of our bank.
We sincerely appreciate the efficiency and responsiveness of team Invoicemart to make this happen. We are certain that the platform will achieve greater heights in the days to come.”