BigMudra Receivable Discounting

BigMudra Receivable Discounting

Don't wait months for your customers to pay. Get immediate funds against your outstanding invoices with BigMudra's receivable discounting solutions. Fast, flexible, and designed for your business growth.

Receivable discounting is a smart financing solution that helps businesses convert their outstanding invoices into immediate cash. Instead of waiting 30-90 days for customers to pay, you can get up to 80-90% of your invoice value upfront. This boosts your cash flow and keeps your business operations running smoothly.

Why Choose Receivable Discounting?

Immediate Cash Flow Without Waiting

Get instant access to funds tied up in unpaid invoices. Perfect for businesses that need quick cash to pay suppliers, meet payroll, or grab new opportunities without waiting for customer payments.

• Quick Fund Access: Get money within 24-48 hours of invoice submission

• No Additional Debt: It's an advance against your own money, not a loan.

• Maintain Customer Relations: Your customers deal directly with you, not the lender

• Flexible Usage: Use funds for any business purpose - no restrictions

Who Should Consider Receivable Discounting?

This solution is perfect for businesses with regular B2B sales, long payment cycles, and creditworthy customers. Whether you are a manufacturer, wholesaler, or service provider, receivable discounting can solve your cash flow challenges.

Key Features of Our Receivable Discounting

• High Advance Percentage: Get up to 80-90% of your invoice value immediately, with the balance paid after collection.

• Quick Processing: Submit invoices online and get funds within 24-48 hours of approval.

• Flexible Limits: Discount invoices from ₹1 lakh to ₹10 crores based on your business needs.

• Competitive Rates: Enjoy lower interest rates compared to unsecured business loans.

• No Hidden Charges: Transparent pricing with no surprise fees or charges.

• Collection Support: We handle invoice collection professionally while maintaining your customer relationships.

Why BigMudra for Receivable Discounting?

1. Industry Expertise: Our team understands different business sectors and their unique cash flow patterns.

2. Digital Platform: Easy online submission and tracking of your invoices and payments.

3. Relationship Approach: We build long-term partnerships, not just transaction-based relationships.

4. Quick Decisions: Fast approval process with minimal documentation requirements

Eligibility Criteria

To qualify for BigMudra receivable discounting, you typically need to meet the following eligibility criteria:

• Business Age: Minimum 2 years of business operations with consistent sales

• Annual Turnover: Minimum ₹2 crores annual turnover with regular B2B customers

• Customer Profile: Creditworthy customers with good payment history

• Invoice Quality: Clear, undisputed invoices with proper documentation

Eligible entities include manufacturing companies, trading businesses, service providers, and other commercial enterprises with regular receivables.

Required Documents for Receivable Discounting

Prepare the following documents for a smooth application process:

How Receivable Discounting Works

Understanding the process helps you make better financial decisions. Here's how our receivable discounting works:

• Submit Invoices: Upload your approved invoices through our online platform

• Quick Verification: We verify invoice authenticity and customer creditworthiness

• Instant Funding: Get 80-90% of invoice value in your account within 24-48 hours

• Collection: We collect payment from your customer on the due date

• Balance Settlement: Remaining amount is paid to you after deducting our charges

Simple Application Process

Experience seamless processing with BigMudra. Our experts guide you through verification, ensuring instant fund access in your bank account.

• Apply Online: Click the "Apply" button on this page

• Account Setup: Create your account with mobile number and basic details

• Loan Preferences: Choose your loan amount and repayment period

• Information Submission: Upload your invoices and business documents

• Document Upload: Complete verification and submit your application

• Expert Support: Our support team will guide you through the remaining steps

Ready to Improve Your Cash Flow?

Don't let unpaid invoices hold back your business growth. Get instant access to your money with BigMudra's receivable discounting solutions.

Top Up Loan Charges and Fees

Frequently Asked Questions

1. What is receivable discounting?
   Receivable discounting is a financing solution where you get immediate cash against your outstanding invoices. Instead of waiting for customers to pay, you receive up to 80-90% of the invoice value upfront, helping improve your cash flow.

2. How is it different from a business loan?
   Unlike a loan, receivable discounting is an advance against your own money (invoices). It doesn't create additional debt and uses your invoices as security, often resulting in lower interest rates.

3. What if my customer doesn't pay on time?
   We have professional collection processes to recover payments. However, if there are delays, you may need to pay additional charges. We work with you to resolve any payment issues.

4. How quickly can I get the funds?
   Once your invoices are approved, funds are typically disbursed within 24-48 hours directly to your bank account.

5. What is the maximum amount I can discount?
   You can discount invoices ranging from ₹1 lakh to ₹10 crores, depending on your business profile and customer creditworthiness.

6. Do my customers know about the discounting?
   Your customers are notified about the assignment of invoices, but we maintain professional relationships and ensure your business reputation remains intact.