SME Financing

The SME sector is the backbone of indian economy and we understand the importance of timely financing in the success to a business. The main reason why most small and medium enterprises shut down is that they don’t receive financial assistance at the need of hour and they won’t have working capital or any funds to buy plants and machinery to function

We give wings to entrepreneurial dreams by providing financing solution to business owners as well as small and micro enterprises. We provide you quick funding with flexible repayment tenures and interest rates on the basis of your eligibility and convenience. We are a technology platform creating easy loan origination, and leverage our segment understanding to create risk models. We provide finance up to 50 lacs and up to 3-4 years depending upon the entity taking loan.

The following entities are eligible to avail SME loan:
1. Sole proprietorship firms
2. Partnership firms
3. Private limited companies
4. Public limited companies
5. Manufacturing, trading and service units

The documents required in case of working capital loan are as follows:
1. Business with at least 12 months history.
2. Annual turnover of at least 15 lacs .
3. Net Profit of at least 3 lacs .
4. ITR of last year.

The documents required in case of vendor financing are as follows:
1. Business with at least 24 months history.
2. Annual turnover of at least 20 lacs .
3. Net profit of at least 5 lacs for last two year.
4. ITR of last two years.