What is Purchase Invoice Discounting?
Purchase invoice discounting is a smart funding solution that allows businesses to unlock funds tied up in their unpaid purchase invoices, before the fee due date arrives When you buy goods or raw materials from suppliers, you receive a purchase invoice with a credit period of 30, 60 and 90 days. During this preparation period, your working capital remains blocked. With the purchase invoice discount, FlexiPayment pays your supplier for you, and refunds the quantity after your credit period expires. Think of it as your ‘Buy Now, Pay Later’ answer designed primarily for Indian SMEs and MSMEs who want to grow regardless of budget.
What is Purchase Bill Discounting?
Purchase Bill Discounting is a short-term financing facility where a business uses its purchase bills (invoices) as a financial instrument to get immediate funds from a lender or financial institution. In simple terms instead of waiting for your credit period to end, you submit your purchase bill to FlexiPayment, and we provide you the required funds immediately. The bill acts as security against the financing. Purchase Bill Discounting is especially useful for businesses that deal with rated and unrated suppliers and want to maintain strong supplier relationships while managing their finances smartly.
Elevate Growth with Customized Purchase Invoice Discounting Solutions!
Our Purchase Invoice Discounting program is a powerful solution that empowers businesses with flexible working capital options. With this program, you can pay your suppliers and buy additional inventories. Imagine this as your very own “BUY NOW, PAY LATER”.
Our Purchase Bill Discounting programs are available for both with Rated and Unrated suppliers (counterparties) and are customised with the single purpose of providing you with the financial flexibility needed to drive business growth and success.
With our flexipayment options, you can manage cash flow more efficiently while maintaining strong supplier relationships.
Get Your Purchase Invoice Discounting Quote
Share a few details, and our team will contact you within 24 hours with a funding limit and pricing tailored to your suppliers and purchase volume.
Why choose Purchase Invoice Discounting?
- No collateral required for most invoices
- Available for both rated and unrated suppliers
- Funds can be released in as little as 48 hours
- Dedicated relationship manager to support your business
Get a personalized quote today and access working capital tailored to your business needs.
Purchase Invoice
Discounting
Solutions
Key Features of Purchase Invoice Discounting Solutions:
- Longer credit period on your purchases: With our Purchase finance program, you can avail longer credit period, which shall ease out your cash flow, enabling you to invest in growth opportunities, and manage operational expenses effectively.
- Cash discount from supplier: Using our purchase bill discounting facility, you can pay your supplier early and avail cash discounts from them. In most of the industries, cash discounts exceeds the finance charges, thereby clearly giving you arbitrage.
- Reliable Supplier Relationships: Our program focuses on working with pre-approved suppliers who have a proven track record of timely payments and creditworthiness. This provides a reduced risk of defaults, ensuring a reliable cash flow source for your business.
- Flexible Funding: You have the freedom to choose as to which specific purchase invoices you want to discount, allowing you to tailor the funding to your immediate cash flow needs. This flexibility helps you maintain control over your financial resources.
- Competitive Rates: We offer competitive discount rates, ensuring that you receive fair and beneficial terms for your discounted invoices. This allows you to access the funds you need at a reasonable cost.
6-Reasons To Choose Flexi Payment
Choose us for our commitment to customer satisfaction, competitive interest rates, and a commitment to helping your business grow and succeed.
Customised
Solutions
Competitive
Pricing
Flexible To Your
Needs
Hassle Free
Process
Higher Approval
Limits
Dedicated
Relationship Manager
Customised
Solutions
Competitive
Pricing
Flexible To Your
Needs
Hassle Free
Process
Higher Approval
Limits
Dedicated
Relationship Manager
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FAQ
It’s a way for a business to pay its suppliers early, before the actual due date. A finance company gives the business the money upfront (minus a small fee), so the supplier gets paid fast and the business doesn’t have to spend its own cash right away.
Yes, basically. In India, people use ‘bill’ and ‘invoice’ to mean the same thing when talking about this kind of financing. Both mean the same process.
The seller shows their invoice to a bank or finance company. That company pays the seller most of the invoice amount right away (keeping a small cut as fee). Later, they collect the full amount from the buyer.
This is when a finance company actually buys the invoice from the seller – so the seller gets paid, and the finance company takes over the job of collecting money from the buyer later.
Sales Bill Discounting is when YOU get paid early for money owed to you by your customers. Purchase Bill Discounting is when YOU pay your suppliers early. Same idea, just opposite sides.