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Despite running healthy growing businesses, entrepreneurs in India consistently struggle to raise timely credit from banks. Those that succeed often have to pledge personal property to fund business needs. Restrictive lending policies, inflexible collateral requirements, and slow disbursement times by formal financial institutions frequently push SMEs towards informal financiers; but while these lenders are quick to offer funds, their monies come at very high rates of interest, perpetuating the cycle of debt.
At Capital Float, we believe SMEs want 3 things above all – simple access to credit, collateral-free terms, and a trustworthy partner. Our mission is to bridge the current gap in the market with innovative and flexible credit products for SMEs, delivered in an efficient and customer-friendly manner.
Capital Float is an online platform that provides working capital finance to SMEs in India. We offer flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 7 days with minimal hassle.