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To educate investors so that they can make educated investment decisions, I've put together a list of things you should know about investing in invoices via Alt Groww. Who are Alt Groww 's customers? What is invoice discounting? Our target customer is a small to medium enterprises (SME) in the India whose customers are larger companies that demand long payment terms. We offer SMEs invoice discounting, which means that investors purchase the invoice for a small discount. The SME can then put the cash back to work servicing new customers. On the due date, the company that purchased the goods or services, makes a payment to escrow account opened by Alt Groww in the full amount of the invoice. The discount covers investors' return and our fee. Without invoice discounting SME would have to wait 30 to 60 days for payment and would have to turn down new customers while waiting for payment.

How does it work? •The industry practice for payment of a service generally lies between 30 – 90 days. But what if a business owner has a new idea or wants to purchase a piece of machinery available at an attractive price or is in need of working capital urgently for any other issue. •In such case the business owner can use the invoice he has as an asset to gain money that too without any collateral! •All he has to do is upload the Invoice, by deciding a suitable discount rate, depending on his monetary requirements, to Alt Groww product platform and after a rigorous checking and validation of the Invoice by Alt Groww in a period of 72 hours, it will be made available to Investors who are looking to invest their money •The Investors will bid and contribute certain percentage of the money required. •The business owner now has availed the cash needed for his operations •As soon as the business owner receives his due payment from the Vendor, he will pay back the investors the money he owed them. •The Investors get their money back with extra profits in the ratio that they contributed the money •This becomes a win – win situation for both the parties, as the Business Owner gets the required capital and the Investors earn a huge profit in a short amount of time without any risk of a default payment.