Indifi Unsecured Business Loan

Indifi is a leading online lending platform that has its own credit rated and RBI-registered NBFC and other lenders on its platform, offering unsecured business loans to MSMEs. We have disbursed 50,000+ MSME & business loans upto ₹100 lacs across 400+ cities across various industries Why take Indifi Unsecured Business Loan? •Apply from anywhere: 100% Online process •Easy process-dedicated relationship manager •Attractive lending rates: APR ranging from 18% - 55.3% •Flexible business loan tenure: from 3 to 36 months •Fast disbursals •Flexible repayment terms •Minimal documentation •No hidden charges •Customised loans: For retailers, traders, restaurants, online sellers & more •One Application, Multiple offers: Get offers from multiple lenders What do we offer for MSMEs? Term Loan for MSMEs: Get a fixed amount for a fixed tenure at low interests Merchant Advance (Loan against POS machines): Suitable for businesses that process a lot of card swipes including Retailers, online sellers and traders Invoice Discounting: Small businesses or entrepreneurs can use their unpaid invoices to generate revenue for operating expenditures Line of credit: Suitable for regular cash flow. Ideal for business requirements such as money to get cash discounts, offer credit to clients, pay vendors and meet seasonal needs Interest, tenures and other specifications: •Annual Percentage Rate (APR): Ranges from 18%-55.3% •Minimum Repayment Tenure: 3 months •Maximum Repayment Tenure: 36 months •Processing fee: Upto 3% of the loan amount An Example of a Term loan: •Loan Sanction Amount: ₹100,000/- at an interest rate of 30% p.a •Loan Tenure: 12 Months •Processing Fees (Including GST @18%): ₹3,540 •Disbursement Amount: ₹100,000 (Loan Amount) - ₹3,540 (Processing Fees) = ₹96,460 •Total Interest Payable: ₹16,984.55 •Total repayable Amount (Loan Amount + Interest): ₹1,16,984.55 •Monthly Instalment Amount (Loan Amount + Interest / No of EMI’s): ₹9,748.71 •Total Cost of the Loan: Interest Amount + Processing Fees = Rs. 16,984.55 + Rs. 3,540 = Rs. 20,524.55 •Annualised Percent Rate (APR): 37.20% A loan can be called differently by different businesses. At Indifi, all business-related funds can be availed: 1. Business Loans 2. MSME Loans 3. Working Capital Loans Who might be eligible for a business loan? 1. Businesses with >12 months operations 2. Promoter age > 22 years old 3. Businesses with turnover > INR 5 lakhs 4. Business with GST registration We offer flexible online loans through business loan app to some industries: Loans for E-commerce sellers: Unsecured e-commerce loans help stock inventory and launch new products Loans for Restaurants & Delivery Outlets: Loans cover opening a new store, renovating the kitchen, and building working capital Loans for Retailers: Loans for stocking inventory, seasonal demand or offering credit to customers Loans for Pharma Businesses: Unsecured loans help manage payments, credit from suppliers and other needs Loans for Traders: Quick loans to manage credit & working capital cycles, procure inventory & sell further Our Lending Partners: Aditya Birla Finance Limited Incred Financial Services Pvt Ltd NorthernArc Capital Limited Ambit Finvest pvt. Ltd. UGRO CAPITAL LIMITED IIFL Finance Limited DMI Finance Pvt. Ltd. Indifi Capital Private Limited Bajaj Finserv Direct Limited Additional App Features: •One view to see all loan details and download statement •Simple payment options •Auto Loan top-up offers & request for additional loan •Raise support tickets for loan-related queries For more information: Visit www.indifi.com Call us at 011-408-44715 to speak to our loan expert (Mon to Sat excluding public holidays & 4th Sat of every month), Write to us at [email protected]