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TReDS Invoice Discounting

Offered by TReDS (RBI-regulated Trade Receivables Discounting System)

Overview

M1xchange is a TReDS platform enabling MSMEs to auction approved trade receivables to 80 plus competing banks and NBFCs for early, collateral free payment, with funds typically disbursed within 24 to 48 hours of a winning bid.

Eligibility

  • MSMEs (registered under MSMED Act) as sellers, with an active GSTIN and approved trade invoices
  • Corporate, PSU, or government buyers who approve MSME invoices; buyers with turnover above Rs 500 crore must register
  • Banks and NBFCs as financiers

Funding Purpose

Working capital via invoice/receivables discounting, without collateral.

Application Process

Register online as seller, buyer, or financier, complete digital KYC and document verification; once approved, MSMEs upload invoices, financiers bid competitively, and funds are disbursed within 24 to 48 hours of accepting a bid.

Required Documents

  • PAN
  • GST registration certificate
  • Cancelled cheque or bank account details
  • Board resolution or partnership deed
  • KYC documents of authorized signatories
Apply Now ↗

How to Apply

  1. 1Click "Apply Now" above and submit your application directly on the official page.
  2. 2The offering organisation screens applications against its own eligibility criteria.
  3. 3Shortlisted applicants may be invited to a pitch or interview round.
  4. 4The final decision rests solely with the offering organisation.
  5. 5There is no guarantee of funding at any stage.

Before You Apply

  • ZeedFund is an independent tracker, not the offering organisation or a funding body.
  • Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
  • Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.