A platform called TReDS (Trade Receivable Discounting System) was developed to assist Indian MSMEs and other companies in financing and lowering their trade receivables.
Trade receivables meaning is the amounts owed to a business by its customers for goods or services that have been delivered but not yet paid for.
This ultimate guide will tell you how TReDS is a game changer. https://medium.com/@m1xchangeindia0/the-ultimate-guide-to-treds-a-game-changer-248bc65bffa0