Find quick answers to common questions about FlexiPayment’s services, including invoice discounting, working capital loans, and supply chain finance. Get the clarity you need in one place.
Working Capital Loans
Answer: Working Capital Loans are short tenure loans (mostly upto 3 years) given by a lender without insisting for any collateral, guarantor, or hypothecation of any assets. Entities like proprietorships, partnerships, private limited companies, or public limited companies are eligible for this type of borrowing. The loan can be used for working capital purposes, meeting short-term cash flow requirements, investments into plant and machinery, etc. The repayment of such a loan is usually made in equated monthly installments (EMI) within the tenure of the loan.
Answer: Applying is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. You may also securely connect your bank & GST information so we can assess your business without long forms, waiting in line, or having to dig up old documents.
Answer: We need your
1. Pan card of proprietor/partners/directors and the enterprise
2. Aadhaar card of proprietor/partners/directors and Udyog aadhar/Udyam certificate of the enterprise
3. Latest address proof of proprietor/partners/directors and the enterprise
4. Business registration proof / GST details
5. Bank statements for the last six months
6. Latest two years’ financials
Yes — If you are a business owner and need money to grow.
Yes — If you have satisfactory credit history and deal with reputed corporates/buyers.
Yes –If you don’t have any previous credit history but have good recurring sales revenue.
Answer: We provide an opportunity to select from multiple lenders – without actually applying to all of them.
• Our Artificial Intelligence-led Rule Engine suggests loans best suitable to you after an exhaustive evaluation of your credit profile.
• We negotiate the best possible deal and Rate of Interest on your behalf so that you get the best deal.
• Our loans are flexible and customized to your needs.
Answer: Flexi Payment offers loan solutions for manufacturers, traders, service providers and retailers. We also offer customized loan products for travel agents, hotels, restaurants, retailers and e-commerce businesses.
Answer: To qualify for a Working Capital loan, meet the eligibility criteria given below:
• Your business should have a minimum operational history of 1 year with valid business proof.
• You must be an Indian resident
• Your age needs to be over 21 years
• You need to have a valid Indian bank account
• You need to provide business & personnel KYC details
• Satisfactory banking conduct for at least for latest six months (Current/ CC / OD Account)
Answer: We negotiate the best possible deal for you, basis your credit profile. We also structure the best possible repayment terms for you. Generally, the interest rate starts from Rs. 50 per day per lac or 1.5% per month, calculated on a reducing balance.
• One-time processing fee of up to 2% is charged
Answer: Our working capital loans are unsecured and we do not insist on any collateral as security.
No, our loans are for business use only. You can use it for business expansion, renovation, purchase of equipment, hiring new staff, or spend on marketing.
Answer: Apply for this online at www.flexipayment.in
Receivable Funding / Invoice Discounting
Invoice discounting is when a business takes finance against its unpaid invoices from a financier/lender. Immediately after discounting an invoice, the business gets a percentage of the amount billed to the client / Buyer. At the same time, the lender receives the payment from the buyer on the invoice’s due date.
Applying is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. You may also securely connect your bank information so we can assess your business without long forms, waiting in line, or having to dig up old documents.
We need your
1. Pan card of proprietor/partners /directors and the enterprise
2. Aadhaar card of proprietor/partners/directors and Udyog Aadhar/Udyam certificate of the enterprise
3. Latest address proof of proprietor/partners/directors and the enterprise
4. Business registration proof / GST details
5. Bank statements for the last six months
6. Latest two years’ financials
Yes — If you are a business owner and need money to grow
Yes — If you have a satisfactory credit history and deal with reputed corporates/buyers
Yes — if you are looking for a short-term self-liquidating unsecured cash flow solution
We provide an opportunity to select from multiple lenders – without actually applying to all of them.
• Our AI-led Rule Engine suggests the product best suitable to you after an exhaustive evaluation of your credit profile.
• We negotiate the best possible deal and Rate of Interest on your behalf so that you get the best deal.
• Our loans/products are flexible and customized to your need.
We negotiate the best possible deal for you, basis your credit profile. We also structure the best possible repayment terms for you. Generally, interest rates start from Rs. 40 per day per lac or 1.25% per month, calculated on a reducing balance.
• One-time processing fee of up to 2%
Our Invoice Discounting facilities are unsecured and we do not insist on any collateral as security. However, if you offer some fixed assets, including properties as collateral, that will give you the benefit of a lower interest rate.
Apply for “Invoice Discounting” online at www.flexipayment.in
Channel Finance
Channel Finance is a working capital facility to finance channel partners of a manufacturer like distributors, dealers, or buyers for the purchase of goods or services. It helps sustain a seamless supply chain flow. It is an innovative product to extend working capital finance to suppliers and dealers having business relationships with large corporates. Channel financing makes access to capital easy and affordable.
Here are the features and advantages of Channel Financing:
• Collateral-free finance: The first, foremost and the best thing about channel finance is that one doesn’t need to think about collaterals opting for channel financing. We provide funds against unpaid invoices. This helps make the funding process fast and simple.
• Quick payment process: Sellers can receive immediate payments and buyers can get the products on time without worrying about their cash flow.
• Improves work efficiency: As we assume the risk, the buyer/distributor can focus on high-value tasks instead of just chasing behind the payments and verifying the customer’s creditworthiness.
• Easy process: The entire process of execution channel finance is relatively easy. The documentation requirement is minimal and the process is simplified. This allows businesses to access capital quickly.
Applying is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. You may also securely share your banking details so we can assess your business without you filling out lengthy forms, waiting in line, or having to dig up old documents.
We need your
1. Pan card of proprietor/partners /directors and the enterprise
2. Aadhaar card of proprietor/Partners/directors and Udyog Aadhar/Udyam certificate of the enterprise
3. Latest address proof of proprietor/partners/directors and the enterprise
4. Business registration proof / GST details
5. Bank statements for the last six months
6. Last two years Ledgers of regular customers /corporate suppliers
7. Latest two years’ financials
Yes – If you are a dealer/distributor of an Anchor, already tied up with us. But if your Principal/ Supplier is not an approved Anchor with us, don’t worry – you can apply for Purchase Invoice discounting (PID) our BNPL solution for you.
We also offer comprehensive digital solutions and end-to-end support for seamless digital transactions.
• We provide the opportunity to select from multiple lenders – without actually applying to all of them.
• Our AI-led Rule Engine suggests loans best suitable to you after an exhaustive evaluation of your credit profile.
• We negotiate the best possible deal and Rate of Interest on your behalf so that you get the best deal.
• Our loans are flexible and customized to your need.
We negotiate the best possible deal for you, basis your credit profile. We also structure the best possible repayment terms for you. Generally, the interest rate starts from Rs. 40 per day per lac or 1.25% per month, calculated on a reducing balance.
• One-time processing fee of up to 2%
Our Channel Finance solutions are unsecured and we do not insist on any collateral as security.
Apply for Channel Finance online at www.flexipayment.in