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We know that the SME entrepreneur when sells their goods and services to a large corporate. They often struggle to collect the money from the large corporate and that money is nothing but his working capital. So, once the invoice is submitted to large corporate through a platform the large corporate will accept the invoice that goods have been received, services have been received and it is good for payment as per credit terms. So,the SME will get the payment instantly. By discounting, which the banks will come and bid for the best rate of interest. This is a unique methodology that Sundeep Mohindru, Founder & CEO, M1 Exchange have developed to offer a strong solution for delayed payments to the SMEs.
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