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Invoice Discounting through altGraaf

sherlock

TF Buzz
There is an investment opportunity provided at altGraaf platform for a company named POWER2SME:
(You need to create a free account to be able to see the available opportunity).

This investment is in invoice discounting for a period of 90 days with a minimum investment amount of Rs 50,000 at a coupon rate of 10.80%. This investment opportunity also has trade credit insurance. This investment opportunity has been categorized as a low risk investment by altGraaf, not by POWER2SME or any other credible rating agencies, based on their internal evaluation parameters.

Has anyone invested in this area/platform before and what was your experience? What are your recommendations for this investment?
 

iamdhamo

TF Premier
VIP Lounge
I was investing via inventory financing with grip invest and I also faced loss with big spoon cos promoter was not good. He had flee out of India and the asset used was Sold and 1% of my invested principal was given back so far. Still I need to get my principal and it's been more than 5 months.

I feel It's risky for 10% to 13% returns for two to three or Max of 6 months. If there is no loss it will be great investment and if you know ABT the company, promoter well then you can invest otherwise I would say no.
 

lucifer

TF Premier
TF Family
Moderator
VIP Lounge
I was investing via inventory financing with grip invest and I also faced loss with big spoon cos promoter was not good. He had flee out of India and the asset used was Sold and 1% of my invested principal was given back so far. Still I need to get my principal and it's been more than 5 months.

I feel It's risky for 10% to 13% returns for two to three or Max of 6 months. If there is no loss it will be great investment and if you know ABT the company, promoter well then you can invest otherwise I would say no.
Did you invest in asset discounting or Invoice discounting?
 

sxchzy

TF Legend
VIP Lounge
There is an investment opportunity provided at altGraaf platform for a company named POWER2SME:
(You need to create a free account to be able to see the available opportunity).

This investment is in invoice discounting for a period of 90 days with a minimum investment amount of Rs 50,000 at a coupon rate of 10.80%. This investment opportunity also has trade credit insurance. This investment opportunity has been categorized as a low risk investment by altGraaf, not by POWER2SME or any other credible rating agencies, based on their internal evaluation parameters.

Has anyone invested in this area/platform before and what was your experience? What are your recommendations for this investment?
have been receiving a lot of promotional emails for the same
havent tried it
and coupon is 10.80 for the year as in ytm
you would end up with 2-4% at max
 

sherlock

TF Buzz
have been receiving a lot of promotional emails for the same
havent tried it
and coupon is 10.80 for the year as in ytm
you would end up with 2-4% at max
How come 2-4%?

They are paying at 10.8% coupon.

Estimated interest amount= (principal amount * 0.108 * 90) / (365)
 
STAY away.

Indulge in such adventures only if you have SPARE money - and can afford losing it fully n completely.

I do not want to lose even 1 rupee in such misdeeds.
 
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