Solution I · Deep dive
Invoice Financing — receivables, unlocked as working capital.
Fast, non-dilutive liquidity for growing businesses
Executive Summary
Karncy Invoice Financing converts approved receivables from creditworthy buyers into immediate working capital — typically within 48 hours of underwriting.
Unlike a term loan, funding is tied to a specific invoice, priced against buyer risk, and self-liquidating on settlement. The business does not add fixed obligations to its balance sheet, and does not raise equity to cover a timing gap.
Our review desk validates the buyer, the underlying contract, and the invoice authenticity — then deploys capital directly to the seller. When the buyer pays on the original due date, the transaction closes quietly.
Our Philosophy
Growth should not wait on a buyer's 60-day payment cycle. Capital tied up in paper is capital denied to the next order, the next hire, the next shipment.
Who qualifies
Built for SMEs that sell to credible buyers.
We finance receivables owed by established corporates, government bodies, listed enterprises, and verified export counterparties.
- ›GST-registered supplier
- ›2+ years of trading
- ›Invoices to rated buyers
- ›Verifiable delivery / acceptance
- ›Clean charge on receivable
- ›PAN India — including exports
- ›Ticket sizes ₹5L to ₹1Cr
- ›Tenor up to 90 days
How it flows
From invoice upload to funds in the account — a 48-hour path.
- 01
Onboard
KYC, GST, banking, and buyer references submitted once.
- 02
List invoice
Upload invoice, PO, and proof of delivery / acceptance.
- 03
Buyer verification
We confirm the payable directly with the buyer.
- 04
Underwrite
Risk desk approves advance rate and tenor within 24–48 hours.
- 05
Fund
80% of invoice value released to your account.
- 06
Settle
Buyer pays into escrow on due date; balance released, transaction closed.
How we underwrite
We price the buyer — not just the seller.
- Buyer credit rating & payment history
- Sector concentration analysis
- Contract & PO authenticity
- Delivery / acceptance evidence
- GST e-invoice matching
- Historical dilution & disputes
- Escrow-ability of receivable
- Cross-check with buyer AP team
Pricing & structure
Transparent, per-invoice, no hidden lines.
Advance rate
80% of invoice value on approval.
Discount fee
Priced against buyer risk & tenor — quoted upfront, no reset.
Settlement
Buyer pays into a Karncy-managed escrow; balance released same day.
No collateral outside the receivable. No personal guarantees for approved buyer categories. No prepayment penalties if the buyer settles early.
Safeguards
Structured so both sides are protected in daylight.
For the seller
- — Non-recourse structuring available on rated buyers
- — No lien on unrelated assets
- — Complete confidentiality with the buyer, if required
- — Same-desk relationship for repeat invoices
For the capital pool
- — Escrow-controlled collections
- — e-Invoice & GST cross-verification
- — Concentration limits per buyer & sector
- — Independent trustee for larger pools
Not a loan, not equity
A financing instrument that sits between the two.
Not a term loan
No fixed EMI, no charge on assets outside the receivable, no covenants on P&L.
Not equity
No dilution, no board seat, no valuation event required.
Purely transactional
Priced per invoice, self-liquidating, closes when the buyer pays.