Repayments
The NACH will be invoked in 1 days from the time you have received the communication. We inform you 1 day prior before any NACH id done. The NACH is auto sc...
Tue, 27 Jun, 2023 at 12:25 PM
Revenues are rarely constant and keep fluctuating on a daily basis. Even though a escrow is there at your marketplace which is active and we are receiving f...
Tue, 27 Jun, 2023 at 12:26 PM
You can preclose your loan anytime you want. There are no preclosure charges. You can do this by reaching out to your CSM representative.
Tue, 27 Jun, 2023 at 12:27 PM
Revenue share is dynamic and depends on the amount you have utilized in your drawdowns. Your revenue share will be in direct proportion to the amount you ha...
Wed, 30 Mar, 2022 at 12:21 PM
We are proud to call ourselves founder friendly. As with traditional loans, we do not have fixed monthly EMIs. Instead you will repay us according to the re...
Tue, 27 Jun, 2023 at 12:31 PM
If you are selling on marketplaces, we shall provide you a virtual account which is to be used as the settlement account on your marketplaces. The settlemen...
Fri, 22 Apr, 2022 at 1:17 PM
Your revenue share is calculated on the basis of your loan amount and your revenue.
Fri, 22 Apr, 2022 at 1:17 PM
NACH schedule depends on your repayment terms and can be daily, weekly, fortnightly or monthly. If your primary mode of collections is not NACH and there ...
Tue, 27 Jun, 2023 at 12:32 PM
1st of a month is the monthly reconcilationd date. We shall update you on any outstanding dues from the previous month in your monothly reconcilation report.
Fri, 22 Apr, 2022 at 1:20 PM
If your bank account does not have sufficient balance on the day of deduction, a penalty charge may be levied by your bank for non-payment. As per the ...
Mon, 13 Jun, 2022 at 5:14 PM