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TReDS: The Pandemic Brought A Silver Lining For Trade Receivable Platforms
The pandemic has pushed up volumes across TReDS platforms, as more MSMEs came online and discount rates declined.
20 Oct 2021, 12:02 PM IST
The Covid-19 pandemic, which accelerated digitisation across a number of sectors, also brought increased traction for trade receivable platforms, which attempt to solve the age-old problem of payment delays for small businesses.These platforms, which rolled out starting 2017, are all reporting a jump in volumes of receivables financed, with a noticeable jump in the months after the pandemic hit. As the business grows, it is also attr...
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