Export bill discounting and invoice discounting in India are financial services that offer working capital solutions to businesses. These services are provided by various financial institutions, including Credlix, a leading provider of such services.
Export bill discounting involves the discounting or selling of export bills by an exporter to a financial institution, such as Credlix. The exporter receives immediate funds based on the discounted value of the export bill, which helps in fulfilling working capital requirements. The financial institution then collects the payment from the ove
