Red Fort Capital Finance Introduces Invoice Discounting Solution for Indian Businesses

Red Fort Capital Finance Company Private Limited, a rapidly growing and dynamic Non-Banking Financial Company (NBFC) specializing in Small Business lending, proudly unveils its latest financial product – Invoice Discounting. This innovative solution is strategically designed to bridge the gap faced by small and medium-sized enterprises (SMEs) across India.

The MSME sector in India is a crucial catalyst for economic growth, contributing significantly to employment and GDP. Reports indicate a funding gap exceeding $500 million for MSMEs, and bridging this gap is paramount for sustaining economic progress. Invoice Discounting emerges as a key strategy to mitigate risks associated with unsecured loans as well as providing the required working capital to small businesses.

"At Red Fort Capital, we are dedicated to fostering growth for our borrowers, especially in the challenging landscape faced by Small Businesses. With the launch of our Invoice Discounting solution, we aim to empower businesses by providing quick and flexible lending options tailored to their unique needs," said Parry Singh, Chairman and CEO of Red Fort Capital.

[Parry Singh, a seasoned entrepreneur with over two decades of experience and a track record of success across nine businesses, identified a significant gap in the Indian MSME company loan market. He established Red Fort Capital to address this gap, making it one of the earliest private equity funds in the country.

Red Fort Capital offers a range of financing vehicles, including its RBI-regulated NBFC in India, a globally focused principal investing group, and a market-leading private equity fund exceeding $1.3 billion. The NBFC provides secured business credit to finance equipment and machinery purchases, working capital, and receivables for business owners.

Noteworthy achievements for Red Fort Capital Finance include raising Rs. 20 crores in capital from the State Bank of India, financing a publicly listed company, and attaining investment-grade ratings from Care Ratings Limited in 2022 and CRISIL in 2019.

Red Fort Capital invites businesses to connect with its team of experts to explore the benefits of the newly launched Invoice Discounting solution. By addressing the financial needs of Small Businesses, Red Fort Capital aims to contribute to the growth and success of the Indian business landscape.