How Does Bill Discounting Work: A Simple Guide

If you're exploring quick cash flow solutions, learning how does bill discounting work is essential. Businesses with credit invoices can sell them to banks or NBFCs and receive a discounted amount immediately. The financier collects the full payment from the buyer when due. This method reduces the waiting period for payments, offers working capital flexibility, and maintains your financial health, especially vital for SMEs and growing companies in India.
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