Bank of Baroda partners with digital invoice discounting marketplace, Invoicemart to discount invoices for MSMEs.

Now, the buyers and sellers who are registered on the marketplace will be able to get funding from Bank of Baroda. TReDS is an online mechanism which helps MSMEs get working capital without the difficulty of applying for loans.

Kalyan Basu, CEO & MD stated, “Financiers are a crucial element of the factoring ecosystem and provide the much needed working capital to MSMEs registered on our platform. We are privileged to be associated with Bank of Baroda as one of our financiers and we look forward to their invaluable support in our endeavor to strengthen our industry.”

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