Synopsis A total of 6,545 MSMEs have been given free onboarding facility on TReDS through RXIL, M1xchange and Invoicemart so far. Getty Images TReDS is an electronic platform where receivables of MSMEs drawn against buyers are financed through multiple financiers at competitive rates through an auction mechanism. MUMBAI: MSME lender Sidbi has extended the validity of Swavalamban Crisis Responsive Fund (SCRF) to facilitate free onboarding of more Micro, Small and Medium Enterprises (MSMEs). According to Sidbi officials the plan is to onboard over 13,500 MSMEs by March 31, 2021 as against the earlier envisaged 10,000. The last date of drawdown of the fund will now be upto May 31, 2021, they said.