Tuesday, June 22, 2021

Auto companies warm up to invoice discounting to boost suppliers’ cash flow

Under invoice discounting, a lender settles the claims of a supplier upon the receipt of goods by the buyer and the buyer then repays the lender after a pre-determined period.

from Auto-Industry-Economic Times https://ift.tt/2UsQtrf

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

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