Despite running healthy growing businesses, entrepreneurs in India consistently struggle to raise timely credit from banks. Those who 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, crippling interest rates tie down the borrower to a chronic cycle of debt.

The company Capital Float is an online platform that provides working capital finance to SMEs in India. Capital Float is the trade name of CapFloat Financial Services Private Limited (Formerly known as Zen Lefin Private Limited), a non-banking finance company (NBFC) registered with the RBI.

Founded in 2013 by Gaurav Hinduja and Sashank Rishyashringa, Capital Float is a go-to provider of business loans in India, designed for and delivering to the SME ( Small and medium enterprises) sector. Its expertise revolves around creating flexible and short-term loan solutions for the specific needs of SMEs, be it purchasing inventory, servicing new orders, or optimizing cash flows. Borrowers can apply online in minutes, select desired repayment terms, and receive funds in their bank accounts in 7 days with minimal hassle.

At Capital Float, they believe SMEs have 3 basic demands: simple access to credit, collateral-free terms, and a trustworthy partner. Their 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.

The company is headquartered in Bangalore. Our management team consists of experienced professionals with prior careers in blue-chip companies such as McKinsey & Company, Gokaldas Exports, Oracle, Citibank, Capital First, and Wipro. They also hold advanced degrees from leading universities around the world such as Stanford University, Princeton University, IIT Mumbai, The London School of Economics, and Delhi University.

Source: Capital Float