Applicant’s business must have minimum operational history of 1 year(Online Seller Finance), 3 years(Term Finance), over 2 years(Invoice Finance)
For Online Seller Finance - Applicant’s partnership minimum vintage should be between 3-6 months. Must have a minimum quarterly sales of Rs.25,000
For Term Finance - Annual business turnover must be over ?1 crore or audited financials. Also, applicant’s CIBIL score should be over 650.
For Invoice Finance - Applicant’s customer minimum vintage should be over 3 months. Also, Applicant’s minimum turnover must be over Rs.1 Crore