New Delhi: Union Bank of India (UBI) has entered into a Master Financier Agreement with C2FO Factoring Solution Private Limited to participate as a financier on the C2TReDS platform, marking an important step toward strengthening digital supply chain financing for micro, small and medium enterprises (MSMEs).
The collaboration aims to improve access to timely and affordable working capital for small businesses through technology-driven invoice financing.
Faster Invoice Discounting for MSMEs
Through this partnership, Union Bank of India will offer financing solutions to MSMEs by leveraging the C2TReDS digital ecosystem. The platform enables faster invoice discounting, helping businesses unlock funds tied up in receivables and improve cash flow efficiency.
Read also: Union Bank of India’s AAA Issuer Rating with Stable Outlook, Reflecting Strong Financial Stability
Enhancing Liquidity Through Digital Trade Finance
The C2TReDS platform facilitates transparent, end-to-end digital invoice financing by connecting financiers, corporate buyers, and MSME suppliers. Union Bank’s participation as a financier is expected to expand credit availability, especially for smaller enterprises that often face challenges in accessing timely funding.
By adopting this digital model, the bank aims to strengthen liquidity support across MSME supply chains.
Boost to Digital Banking and MSME Growth
The agreement aligns with Union Bank of India’s strategy to deepen its digital banking capabilities and promote innovative financial solutions for MSMEs. By embracing digital supply chain finance, the bank seeks to improve credit flow efficiency and support the long-term resilience and growth of India’s MSME sector.
About Union Bank of India
Union Bank of India is one of India’s leading public sector banks, offering a wide range of banking and financial services across retail, corporate, and MSME segments. The bank continues to focus on digital transformation and inclusive growth by providing technology-driven solutions to support India’s small businesses and economic development.
