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Is Getting Funds From Invoice Financing Company A Good Idea For Your Business?
29Jan 2021

Is Getting Funds From Invoice Financing Company A Good Idea For Your Business?

Micro, Small, and Medium Enterprises (MSMEs) play a vital role in boosting the country’s economy. These enterprises face major issues like scarcity of funds, especially the conversion of bill receivables into liquid funds. In collaboration with RBI, resolving such issues, the Government of India introduced the concept of “Invoice Financing.” MSMEs contribute almost 45% to …

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