UBI joins C2TReDS platform to boost MSME supply chain finance

Union Bank of India (UBI) has signed a Master Financier Agreement with C2FO Factoring Solution Private Limited to participate in the C2TReDS platform, reinforcing its focus on expanding digital supply chain financing for micro, small and medium enterprises (MSMEs).

Under the arrangement, the bank will offer financing to MSMEs through the C2TReDS digital ecosystem, facilitating faster invoice discounting and improved access to working capital. The partnership is expected to enhance liquidity for small businesses while reducing turnaround time and operational inefficiencies in trade finance.

The C2TReDS platform enables transparent, technology-led invoice financing by bringing together financiers, buyers and MSME suppliers on a single digital marketplace. Union Bank’s onboarding as a financier is likely to broaden the availability of credit, especially for smaller enterprises that often face constraints in securing timely funding.

The move is in line with Union Bank of India’s strategy to strengthen its digital banking capabilities and support MSMEs through innovative financial solutions. By leveraging digital supply chain finance models, the bank aims to improve the efficiency of credit flows and contribute to the sustained growth and resilience of the MSME sector.