With invoice discounting, the lender typically makes a loan to your business of 80% to 90% of the invoice amount, says Dan Karas, C2FO's chief credit officer of capital finance. Once your customer ...

Fugitive businessman's private jet seized by ED at Hyderabad airport linked to ₹850 crore ponzi scheme. It was used as ...

Through invoice discounting is not a new method, but KredX is trying to democratize it, and enable it in an organized way, to solve the problems of working capital of MSMEs by unlocking cash tied ...

Private jet related to Enforcement Directorate investigation into an alleged Ponzi scam against Hyderabad-based Falcon Group ...

Skipton Business Finance has provided a £350,000 invoice discounting facility to Bishop’s Stortford-based Invision ...

UK-based Skipton Business Finance has extended a £2.5m ($3.05m) invoice discounting funding line to PEC Packaging to help navigate post-Covid-19 challenges. These funds aimed to support cash flow ...

The ED had registered a case against the Falcon Group and its CMD Amardeep Kumar and others in connection with an `850-crore Ponzi scheme linked to the Falcon invoice discounting platform.

It is alleged that the Falcon Group “collected” Rs 1,700 crore from investors for high returns through a “fraudulent” invoice discounting investment scheme.