Union Bank of India has entered into a Master Financier Agreement with C2FO Factoring Solution Private Limited to participate in the C2TReDS platform, marking a significant step toward strengthening digital supply chain financing for micro, small and medium enterprises (MSMEs).
Through this collaboration, Union Bank of India will provide financing solutions to MSMEs by leveraging the C2TReDS digital ecosystem, enabling faster invoice discounting and improved access to working capital. The partnership is aimed at enhancing liquidity for small businesses while reducing turnaround time and operational friction in trade finance.
The C2TReDS platform facilitates transparent, technology-driven invoice financing by connecting financiers, buyers and MSME suppliers. Union Bank’s participation as a financier is expected to expand credit availability, particularly for smaller enterprises that often face challenges in accessing timely funding.
The initiative aligns with Union Bank of India’s broader strategy to deepen digital banking capabilities and support MSMEs through innovative financial solutions. By adopting digital supply chain finance models, the bank aims to improve credit flow efficiency and contribute to the resilience and growth of India’s MSME sector.