Invoice Funding / Bill Discounting / Dealer Finance
Online Credit India offers customized Invoice Funding / Bill Discounting / Dealer Finance facility to manufacturer, Trader, whole seller or retailer. This facility is available against purchase bills or sales bills. This facility can be use for fulfill working capital requirement up to 120 days. Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies can apply.
Secured – Sales Invoice Funding Facility
We provide Secured Sales Invoice Funding facility against Domestic and Export sales invoice. Customer can get fund up to 120 days against sales invoice bills and solve working capital problem. Use this secured limit for sell row material or ready goods..
Key Features & Product Facility
Sales Invoice Funding Facility available against collateral.
Limit available against residential, commercial, industrial or land property.
Limit available from Rs. 20 lakhs to Rs. 25 cr.
Term offered for 12 month and limit renewal every year.
Repayment of funded invoice amount will 30 days to 120 days.
Interest rate and processing fee will be depending based on the schemes selected by the borrower.
Loan Eligibility Criteria
Minimum 3 Years old business vintage required.
Latest 2 Year audited turnover required.
Manufacturers, Traders, Wholesalers, Retailers, online sellers can apply.
Individual’s age limit should be between 21 years to 60 years.
* Note: All final terms & condition will be as per selected Bank or NBFC policy.
Unsecured – Sales Invoice Funding
We provide Unsecured Sales Invoice Funding facility against Domestic and Export sales invoice. This facility is available for Sell in Domestic and Export. Customer can get fund up to 120 days against sales invoice bills and solve working capital problem. Use this collateral free limit for sell row material or ready goods.
Key Features & Product Facility
Collateral free Sales Invoice Funding Facility.
Limit available from Rs. 10 Lakhs to Rs. 20 Cr (domestic) and Rs. 10 Cr (export).
Term offered for 12 month and limit renewal every year.
Repayment of funded invoice amount will 30 days to 120 days.
Interest rate and processing fee will be depending based on the schemes selected by the borrower.
Loan Eligibility Criteria
Minimum 3 Years old business vintage required.
Latest 1 Year audited turnover required.
Manufacturers, Traders, Wholesalers, Retailers, online sellers can apply.
Individual’s age limit should be between 21 years to 60 years.
* Note: All final terms & condition will be as per selected Bank or NBFC policy.
Secured – Purchase Invoice Funding
We provide unsecured Secured Purchase Invoice Funding Facility against Purchase Invoice. Customer can get fund up to 120 days against purchase invoice bills and solve working capital problem. Use this secured limit for purchase row material or ready goods.
Key Features & Product Facility
Purchase Invoice Funding Facility available against collateral.
Limit available against residential, commercial, industrial or land property.
Limit available from Rs. 20 Lakhs to Rs. 25 cr.
Term offered for 12 month and limit renewal every year.
Repayment of funded invoice amount will 30 days to 120 days.
Interest rate and processing fee will be depending based on the schemes selected by the borrower.
Loan Eligibility Criteria
Minimum 3 Years old business vintage required.
Latest 2 Year audited turnover required.
Manufacturers, Traders, Wholesalers, Retailers, online sellers can apply.
Individual’s age limit should be between 21 years to 60 years.
* Note: All final terms & condition will be as per selected Bank or NBFC policy.
Unsecured – Purchase Invoice Funding
We provide unsecured Purchase Invoice Funding Facility against Purchase Invoice. Customer can get fund up to 120 days against purchase invoice bills and solve working capital problem. Use this collateral free limit for purchase row material or ready goods.
Key Features & Product Facility
Collateral free Purchase Invoice Funding Facility.
Limit available from Rs. 10 Lakhs to Rs. 01 Cr.
Term offered for 12 month and limit renewal every year.
Repayment of funded invoice amount will 30 days to 120 days.
Interest rate and processing fee will be depending based on the schemes selected by the borrower.
Loan Eligibility Criteria
Minimum 3 Years old business vintage required.
Latest 1 Year audited turnover required.
Per invoice amount required minimum Rs. 50000/-
Manufacturers, Traders, Wholesalers, Retailers, online sellers can apply.
Individual’s age limit should be between 21 years to 60 years.
* Note: All final terms & condition will be as per selected Bank or NBFC policy.
Please fill loan Inquiry form for any Invoice Funding / Bill Discounting / Dealer Finance requirement. Online Credit India representative will call within 48 hours after received your inquiry.
