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FlexiLoans is a technology based financing platform started with an endeavour to solve the problem that SMEs face in accessing Quick, Flexible and Adequate funds for growing their Businesses
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WHAT IS FLEXILOANS? FlexiLoans is an online lending platform started with an endeavor to solve the problem that SMEs face in accessing Quick, Flexible and Adequate funds for growing their Businesses.
PRODUCTS OF FLEXILOANS What is Working Capital Loans? 1. A working capital loan is a loan that has the purpose of financing the everyday operations of a company. 2. Working capital loans are not used to buy long-term assets or investments and are instead used to cover accounts payable, wages, etc. 3. Companies that have high seasonality or cyclical sales cycles usually rely on working capital loans to help with periods of reduced business activity. Seasonal Inventory Loans You see high festive demand, FlexiLoans will help you with seasonal inventory loans tailor-made to suit your cash flows.
DISCOUNTING 1. PO discounting You have received an order from a large company but need cash flows to honour the same, FlexiLoans will partner in your growth by giving up to 80% of PO upfront. 2. Invoice discounting You have delivered goods to a large company on credit and you need cash flows for other orders, FlexiLoans will partner in your growth by giving up to 80% of Invoice value upfront.
Other Business Loans Start-Up Loans 1. Several financial institutions offer an SME (small and medium-sized enterprises) loan for start-ups. 2. The institutions analyze the credit history of the entrepreneurs, educational background, the feasibility of the business plan, and the assets and liabilities of the promoters before sanctioning the loan.