An alternative solution to tradition methods of fund raising, that provides instant access to cash tied up in your outstanding invoices. Businesses with a client base of credible and mid-large Corporates(buyers) can avail
huge benefits by using our Invoice finance product by getting a fast advance of up to 80% of their invoice value.
To save your business time & effort, we provide a paperless, digital process and complete transparency every step of the way. Apply for Invoice finance without stepping out of your home or office at any point in time. Our
online application form takes 15 minutes to fill up and upload your invoices. On verification and sanction we provide a predefined credit limit to our Borrower, where you can draw based on 80% of invoice value approved
and within an overall limit. You can decide to repay in small instalments from your surplus income or from invoice realisations. Interest is charged on the amount used and not on the entire limit provided to the applicant.
Loan Tenure : 12 months
Loan Amount: Rs 50,000 to 5 lakhs
Type of Facility: Working Capital revolving credit limit
End use: Funds used in normal course of business
Instalment Frequency: 30/60/90 days cycle depending on the nature of your vendor payment cycles
Bullet Payment flexibility: Option to go for single bullet payment (loan principal & interest all together in one instalment on specified date)
Margin: Loan available up to 80% of the invoice value