How are these companies selected?

There is a multi-step process towards selecting Companies for invoice discounting or asset leasing collaborations. 

The following are the major steps:

1. Pre-qualification - In this stage, we pool data using Companies’ MCA and GST information and create a score card which factors their financial and operational performance.
2. In-depth analysis – When the Company’s performance score passes the minimum threshold, we go ahead with this stage. In this stage, the Tap Invest Investments team works closely with the Company to understand not just the technical and fundamental aspects but also the financial and operational as well as certain other soft elements like brand strength, employees sentiment (is the company hiring or are employees leaving), the Company’s sentiment among its equity investors, its suppliers etc. 
3. Asset analysis, for asset based leasing – Here we test secondary market value for the asset, fungibility of the asset, how generic the asset is etc. 

After completing steps one, two and three, the Tap Invest Investments Committee takes a call on whether or not to onboard the Company. 

For any additional queries, feel free to e-mail us at the following e-mail address: support@tapinvest.in