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Introduction: Recourse vs Non-Recourse Factoring: Invoice factoring or accounts receivable factoring is also known as factoring.It is a financing method for small businesses to increase their cash flow by selling their invoice. There are two main types of factoring, one is recourse factoring and the other one is non-recourse factoring. Both methods allow businesses to […]

Introduction In today’s digital world and technical business environment, it is hectic to balance working capital smoothly. To clear the confusion, here is our one-stop solution to boost your working capital with the Growmax invoice discounting option. It is one of the significant tools to uplift working capital and upgrade financial solutions. Invoice Discounting includes

Introduction Are you aware of what Foreign Bill Negotiation is? Without any delay, let’s dive into the world of FBN (Foreign Bill Negotiation) in the shade of Growmax Fintech. What are the key Strategies of Foreign Bill Negotiation? How does it help the business to expand its marketing? In today’s world, companies often engage in

Introduction Post Shipment Finance: Growmax Fintech, a leading factoring company in India, has established its expertise by offering a range of services such as export factoring, invoice discounting, trade finance, and post-shipment finance. Their unique approach involves funding exporters after shipping their goods, even before the payment is made. This innovative strategy bridges the gap

Introduction Growmax Fintech is a prominent factoring company that helps steady cash flow and invoice discounting. The role of technology in Growmax Fintech is undeniable because it quickly grabs today’s global market reach to expand the expenses of SMEs. Invoice Discounting is a financial arrangement where they sell their stuff and accounts or unpaid invoices

Introduction International exporters are organisations that sell goods to foreign states or countries. Here, Growmax Fintech helps such exporters by invoice discounting and Factoring facilities where they face many financial challenges. Similarly, the Exporters are involved in cross-border trade, global trade, from small business to larger business. In international exports, categories such as retailers, manufacturers,

Introduction Foreign Bill Discounting: International exporters are organisations that sell goods to foreign states or countries. Here, Growmax Fintech helps such exporters by invoice discounting and Factoring facilities where they face many financial challenges. Similarly, the Exporters are involved in cross-border trade, global trade, from small business to larger business. In international exports, categories such

Introduction Export factoring is a highly effective method for meeting the needs of business owners in their international sales operations. Foreign clients’ unpaid invoices are settled by the export factoring company. This enables the exporter to receive immediate cash flow to manage their business. In reality, export factoring offers services including credit protection, financing, currency

Introduction Financial Factoring accountability is significant, particularly when it comes to managing cash flow transactions between a company and its clients. The most common challenge that every business encounters is managing the customer’s financial aspects. A comprehensive financial factoring solution has emerged as a straightforward and reliable approach to addressing a wide range of business