InvoiceX
Opportunity: InvoiceX by Grip Invest is the first-ever Diversified, RBI-complaint and Credit-Rated instrument available for individual investors. InvoiceX opportunities enable investors to gain exposure to Loans backed by Invoice Discounting proceeds.
Originator: Each opportunity involves cash flows from a pool of loans backed by Invoices issued to multiple well-reputed companies (known as Anchors) including Blue-Chip Anchors, providing the benefit of Diversification to Investors
Purpose: It enables businesses to gain instant access to cash tied up in unpaid invoices and tap into the value of their sales ledger
Payments: InvoiceX opportunities typically have a tenure of 6 - 12 months, with monthly interest and principal payments at a predetermined return/coupon rate
Safety: InvoiceX opportunities are secured by Cash Collateral, Over-collateralization, and Excess Interest Spread
Credit Ratings: SEBI-registered independent credit rating agencies such as CRISIL, India Ratings, ICRA, and CARE assess financial health of the originator, the quality of the pool, and the security package to assign a credit rating; higher credit ratings indicate lower risk.
Partner Curation and Due Diligence
Corporate Profile of the Originator
Each opportunity involves cash flows from a pool of loans backed by Invoices issued to multiple well-reputed companies (known as Anchors) including Blue-Chip Anchors, providing the benefit of Diversification to Investors.
Invoice Quality
The underlying assets in these opportunities consist of a pool of Invoice Receivables. An analysis of the pool is conducted to ensure compliance with RBI regulations and to confirm High Credit Quality.
Assessment of Security Package
Ensuring that the security package (including cash collateral, etc.) is reasonably adequate based on the risk and reward assessment conducted by a tier-1 credit rating agency.
How to Invest?
- InvoiceX allows investors to invest in a diversified pool of short-term loans backed by approved invoices from multiple anchors simultaneously.
- It is a fixed-income instrument issued in accordance with an established RBI framework.
- Investors receive fixed, non-market-linked returns in the form of interest, with the principal returned closer to maturity, presenting an attractive risk-reward proposition.
- This short-term investment is rated by SEBI regulated reputable credit rating agencies such as Crisil, India Ratings etc.
- Additionally, it is monitored by an independent SEBI-registered trustee. To mitigate any delays or shortfalls in payments, this investment also includes a security cover, adding further protection to your capital.
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Frequently Asked Questions
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