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Flexiloans

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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Flexiloans

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  1. ABOUT 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. • Our Vision is to provide “Financial Access at a Click”. Consumers and small business owners can borrow through FlexiLoans to get business loan in Mumbai customized to their needs at a fast pace and at transparent finance charges

  2. The Hindu Newspaper Published a article related Flexiloanssaying loans without credit ratings: a business opportunity for startup businesses. Here are the few details that were published in the article. • The online lending platform offers quick and easy loans to those who do not have any credit history but have a good business record. • The four co-founders — Deepak Jain, Ritesh Jain, Abhishek Kothari, Manish Lunia — are all in their mid-30s, and had initially met at the Indian School of Business (ISB) where they were in the class of 2009. • Over its first year in business, FlexiLoans has also partnered with a finance company to enhance its reach and get new customers in the lending segment, which is estimated to be a $300 billion market.

  3. It also has alliances with some banks in the co-lending space (where the company and the bank each lend a part of the loan). • It has also partnered with companies that make point-of-sale machines, to get more information and access to merchants, another growing market: government data shows that the number of POS terminals increased by one million in the last six months. • Founded: January 2016 • Founders: Deepak Jain, Ritesh Jain, Abhishek Kothari, Manish Lunia • Funding: 100 crore • Employees: 60 Website: flexiloans.com

  4. THANK YOU

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