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Introduction In today’s changing business climate, maintaining a healthy cash flow is vital for companies of all sizes.One effective strategy to ensure this is through invoice discounting, a form of short-term borrowing that allows immediate funds to be accessed by businesses leveraging their accounts receivable.However, this approach carries inherent risks, particularly the possibility of customer […]

Introduction Have you heard of the proforma invoice? What does it mean? How is it essential to export invoice business? A Proforma invoice is an initial bill or invoice that a business seller provides to the customer before delivering their products. It served as a quotation from a seller before the sale is confirmed. The

Introduction: Invoice Factoring is a financial practice in which companies sell their accounts receivable to a third party at a discount to enhance cash flow. This process offers immediate liquidity, allowing companies to fund operational costs, invest in growth prospects, and stay financially healthy without waiting for customer payment. By turning outstanding invoices into instant

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,