Capital Float

Company Type:
Capital Float is a digital lending platform that provides working capital finance to SMEs in India. It operates as a non-banking financial company (NBFC) in the fintech industry.

Industry:
Capital Float operates in the financial technology (fintech) sector, specifically focusing on providing financial services to small and medium enterprises (SMEs).

Founded Year:
The company was founded in the year 2013.

Founders:
Capital Float was founded by Gaurav Hinduja and Sashank Rishyasringa. Both founders have a background in finance and technology, bringing a wealth of expertise to the company.

Services:
Capital Float offers a range of financial services to SMEs, including short-term loans, business loans, invoice financing, and lines of credit. The company’s digital platform allows businesses to quickly access funds to meet their working capital needs.

History:
Since its founding in 2013, Capital Float has quickly established itself as a leading digital lending platform in India. The company has expanded its product offerings and grown its customer base, becoming a trusted partner for SMEs looking for quick and convenient access to financing.

Present:
Today, Capital Float continues to innovate and grow, providing financial solutions tailored to the needs of small and medium enterprises. The company leverages technology to streamline the loan application and approval process, making it easier for businesses to access the funds they need to thrive.

Awards and Recognition:
Over the years, Capital Float has received several awards and accolades for its innovative approach to lending and its impact on the fintech industry. The company’s commitment to helping SMEs succeed has been recognized by industry experts and organizations.

Frequently Asked Questions (FAQs):

1. How does Capital Float’s loan application process work?
Capital Float’s loan application process is simple and convenient. Businesses can apply for a loan online through the company’s website or mobile app. The application requires basic information about the business and its financials, and once submitted, Capital Float’s team reviews the application and provides a decision quickly.

2. What types of loans does Capital Float offer?
Capital Float offers a variety of loan products, including short-term loans, business loans, invoice financing, and lines of credit. These loans are designed to meet the working capital needs of SMEs in a fast and efficient manner.

3. What are the eligibility requirements for a loan from Capital Float?
To qualify for a loan from Capital Float, businesses must meet certain eligibility criteria related to their financial performance, credit history, and industry. The company evaluates each application on a case-by-case basis to determine eligibility and loan terms.

4. How quickly can businesses access funds from Capital Float?
Once a loan application is approved, businesses can typically access funds from Capital Float within a few days. The digital platform and efficient processes of the company enable quick disbursal of funds to help businesses address their working capital needs promptly.