Online Seller Finance is a collateral-free business loan with flexible repayment options for e-commerce companies, online Travel Agents, online Hotel bookings etc. Online Seller Finance is designed to meet the working capital requirements, business expansion, inventory stock up, product diversification etc.

Eligible Borrower :

  • Proprietorship Firms
  • Partnership Firms
  • Limited Companies

Key Features :

  • Age: Min 18 Years to Max 65 Years at the end of loan tenure
  • Loan Amount: Rs.1 Lacs to Rs.25 Lacs (subject to eligibility conditions being met)
  • Rate of Interest: 18% Onwards
  • Loan Tenure: upto 3 years
  • Processing Fees: 2.00% of Loan Amount
  • Customer Segment: Travel Agents, Hotels, Vendors selling goods on online market places
  • Operational History: Min 3 years
  • Min Anchor relationship: 1 year
  • Turnover: Annual turnover of INR 100 Lacs or audited financials
  • Profitability: Firm/company should be making cash profits for the last two years.

Documentation :

  • Application Form
  • KYC Documents: Identity proof, residence proof, latest photograph, signature verification, proof of contact ability
  • Proof of Experience
  • Proof of Stability Residence / Office.
  • Latest 6 months bank statement
  • VAT returns and bank documents for the last 6 months

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