It takes an average of 29 hours to complete documents and apply with a traditional lender
Small businesses who manage to get approved wait 2-5 days to find out
After approval with a traditional lender, it takes about 7-10 days to get funding
Traditional lenders reject high percentage of small business owners
Documents are needed upfront before your credit assessment begins
The loan amount, pricing and terms are not even known till you reach agreement stage
Pragati
Our online application takes just 3 minutes
You can get approved within 2-3 hours, and sometimes in as little as 1 hour
Time taken to remit funds vary by loan type and speed of collaboration, but you can often access your capital in as little as 24 hours
We end up giving funding to higher number (compared to traditional lenders) of small business owners who apply with us. This is possible due to our ability to assess applicants using 360 flywheel approach and tech-enabled credit processes
Sangati
Time taken to remit funds vary by loan type and speed of collaboration, but you can often access your capital in as little as 24 hours
We end up giving funding to higher number (compared to traditional lenders) of small business owners who apply with us. This is possible due to our ability to assess applicants using 360 flywheel approach and tech-enabled credit processes
Using tech, we are able to eliminate 80% of documents. Whatever little we need is only after we have given you a final approval
Our 100% transparent pricing is placed on the website alongwith a funding-calculator. In 70%+ final approved cases, we honour the loan amount approved by online system and shown to you within first 2 minutes of your application process
