Traditional business lenders like banks, have an elaborate application process that involves multiple documents, including: business plans, personal and business credit scores, at least two years of financial statements, tax returns, and even a comprehensive and updated resume. As can be imagined, collecting, updating, submitting and often re-submitting these documents, because they may not be deemed complete or correct, is time consuming, and can be costly as well.
Alternative business funding sources dramatically streamline the application process by using a 1-page application that can be filled out online at anytime. What’s more, only a small number of simple supporting documents are required, such as a few months of business bank statements, and a cost-benefit analysis to get a sense of monthly average cash flow.
An entity falling within the definition of a “Qualified Institutional Buyer” as defined in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended from time to time
Apart from satisfying applicable eligibility criteria as stated above, you represent and warrant to us that you are fully authorized by the laws of your jurisdiction, and where applicable, from the perspective of corporate governance norms applicable to you, to participate in the activities of our platform.