Razorpay Capital is a comprehensive B2B lending platform designed to address the financing needs of businesses, particularly small and medium-sized enterprises (SMEs) and startups, by providing easy access to capital.
What Razorpay Capital Does
Razorpay Capital is aimed at solving the financing challenges faced by businesses by offering a range of financial products that are tailored to their specific needs. The platform leverages the transaction data of businesses already using Razorpay’s payment services to provide quick and hassle-free access to funds.Key Features and Functionality
Flexible Financing Options
- Working Capital Loans: Businesses can avail collateral-free loans to finance various operational needs such as salaries, infrastructure overheads, and procurement of raw materials. These loans are designed to meet immediate cash flow requirements without the need for lengthy approval processes or high credit scores.
Clear Pricing and Terms
- Low Interest Rates: Razorpay Capital offers competitive and transparent interest rates, ensuring that businesses are not burdened with high costs.
- No Collateral or Personal Guarantees: Loans are provided without the need for collateral or personal guarantees, making it easier for businesses to access funds.
Customizable Repayment Options
- Flexible Repayment Plans: Repayment options are tailored to the business’s needs, allowing for more manageable and flexible repayment schedules.
Instant Access to Funds
- 100% Digital Process: The entire loan application and disbursement process is digital, ensuring quick and efficient access to funds.
- 24/7 Support: Businesses have access to support services around the clock, enhancing the overall user experience.
Additional Financial Tools
- Cash Advance: A line-of-credit product with flexible interest rates based on the credit amount and borrowing duration.
- Instant Settlements: This feature allows businesses to settle customer payments instantly, reducing operational gaps and ensuring timely payments to vendors, employees, and financiers.