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IOUX (A Unit of Petit Moyen Kapital, RBI registered NBFC)
Eligible Businesses
Business Enterprises engaged in Manufacturing, Trading or providing Services including Micro, Small & Medium Enterprises (MSMEs).
Purpose
Working Capital Credit through
- Invoice & Bills Discounting
- Working Capital Term Loan / Line of Credit
Financing of Invoices & Bills accepted through IOUX at concessional terms*.
Eligibility
- The Business Enterprises should be 3 years old and having achieved profit during the last two years as per audited/ certified Accounts
- Positive Net Worth and Sound Financials of Promoters/ Directors/ Partners/ Proprietor.
- Satisfactory Credit track record with existing Bankers / FIs
Key Attractions
- Up to 100% finance based on track record.
- No/Very Low collateral option
- Low processing fee
- Attractive Interest Rates
Documentation / Disbursement
- Simple Loan documentation
- Fast Disbursement