M1xchange
An RBI authorised TReDS platform where MSMEs can sell invoices accepted by their buyers and get paid early by competing financiers.
Last updated on
- Status
- Open
- Run by
- Mynd Solutions Private Limited
What you get
- Authorised by RBI on 20 March 2017
- Invoice finance without recourse and without collateral
- Online registration, which the platform says takes about 10 minutes
- A cost calculator on the site shows what discounting will cost
Who can apply
- Businesses that are already running.
- Micro, small and medium enterprises.
- Sellers must be MSMEs
- Your buyer must also be on the same platform
How to apply
- Register as a seller on the online form
- Upload the documents for your type of business
- Upload invoices once your buyer is on the platform, then choose a financier's bid
In Kerala, online from anywhere in Kerala
Head office
TReDS platform helpdesk, run by Mynd Solutions Private LimitedUnit A/04-01 to A/04-6D and A/04-07, 4th Floor, Tower A, Reach Commercia, Sector 68, Gurugram, Haryana 1221011800 103 7261helpdesk@m1xchange.com
Documents to keep ready
- Udyam Registration Certificate
- PAN of the business, and of partners for a partnership
- Proof of address
- Photograph of the user
- Bank account statement and cancelled cheque for a proprietorship
- Partnership deed and authority letter for a partnership
- Certificate of incorporation, memorandum and articles, list of directors and shareholders and board resolution for a company
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.