Synopsis
Flexiloans has so far disbursed more than Rs 1000 crore to more than 30,000 customers across 1500 cities across India. It receives over 100,000 applications per month, largely from Tier II, III and Tier IV cities in India.
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The co-lending partners plan to evaluate customer applications and disburse the loan within a TAT of 48 hours.
Fintech platform, FlexiLoans.com has partnered with Vivriti Capital to provide working capital financing of over Rs 300 crores to Micro, Small & Medium Enterprises (MSMEs) across India. MSMEs will be able to apply for these loans online and receive in-principal approval within 24-48 hours digitally without any manual intervention.