MSMEs very often do not get their payment in time from the buyer of goods or services. Trade Receivables e-Discounting System (TReDS) has been developed to facilitate financing of trade receivables of MSMEs through multiple financiers. It is an electronic platform that facilitates discounting of both invoices as well as bills of exchange. This has helped many MSMEs.
2. In order to facilitate timely payments to MSMEs, Ministry of Micro, Small & Medium Enterprises (MSME) has issued a notification (http://dcmsme.gov.in/publications/circulars/Notification1.pdf) directing that all CPSEs and all companies having turnover more than Rs. 500 Cr. shall necessarily onboard themselves on the TReDS platform.
3. You may consider getting onboard on TReDS platform through: