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The Economic Times
The Economic Times
Business

M1xchange goes live with CGTMSE guarantee cover for MSME receivables financing

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), set up to facilitate credit flow to eligible Micro and Small Enterprises through credit guarantee support, is extending its guaranteed framework to receivables financing through TReDS.

Collaboration across the ecosystem: The Ministry of Micro, Small and Medium Enterprises (MoMSME), CGTMSE and M1xchange have collaborated to operationalise the guaranteed mechanism for eligible MSE receivables financed through TReDS.

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