Red Fort Capital Finance Company, a NBFC lender to small businesses on Tuesday launched its invoice discounting solution to help MSMEs bridge gaps in working capital requirements. The invoice discounting mechanism involves a financing arrangement where a business sells its unpaid bills to a third-party financier, such as a bank, at a reduced rate for quick access to working capital. The financier later collects the full amount from the customer upon the invoice’s maturity. Announcing the launch, Parry Singh, Chairman and CEO, Red Fort Capital, said, “At Red Fort Capital, we are dedicated to fostering growth for our borrowers, especially in the challenging landscape faced by Small Businesses. With the launch of our Invoice Discounting solution, we aim to empower businesses by providing quick and flexible lending options tailored to their unique needs.”