is 17% annualized a good return on a form of debt?

#1
Hi - Ive been investing in a fintech company that allows retail investors to discount invoices through a secure manor. Essentially, an SME provides goods or services to a blue chimp company and provides them with an invoice , blue chip company accepts invoice and agrees to pay the invoice per their credit terms which is typically 45-90 days. I purchase the invoice from the SME and in return I receive about 1.3% to 1.6% per month on the amount invested on the invoice.

My question is, is this a good return for such a product? I have so far invested about 5 lakhs an invoice and have done three cycles.

Do let me know what thoughts are on such a product.
 

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