Invoice Bazaar Blog

DBS Bank India and CredAble team up to expedite trade financing for SMEs

By Invoice Bazaar | October 7, 2021

DBS Bank India and CredAble have teamed up with each other to boost liquidity and enhance financing options and fulfill the working capital needs of SMEs and other business ventures in the corporate supply chain. This alliance will help design innovative and customizable solutions for the ecosystem to resolve the working capital gap currently prevailing in India. CredAble plans to use this partnership to settle the working capital crisis while steering access to cash in the supply chain across various sectors. This collaboration will also allow budding enterprises to enter the SME ecosystem, and thereby support the Aatmanirbhar initiative of the Government of India.

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