Capital Float

lendingsme financing

FOUNDING YEAR: 2013
LOCATION: India
Last Update: 19/01/2021

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About

Capital Float is the pioneer of digital lending in India. The company leverages technology and big data analytics to deliver innovative credit products to businesses and individuals across the country. Through its proprietary digital loan underwriting and origination expertise, it has been able to deliver financing solutions to vast sections of the economy traditionally underserved by large financial institutions. It has developed partnerships to finance SMEs across various ecosystems such as e-commerce, manufacturing supply chains, retail, travel and hospitality, and digital remittances. Capital Float has also partnered with over 250 companies to offer finance to consumers availing products and services in segments such as education, vocational training, wellness, elective healthcare, home furnishings, electrical equipment, lifestyle, travel, fitness and consumer durables.Founded in 2013, Capital Float is the trade name for Capfloat Financial Services Private Limited (formerly known as Zen Lefin Private Limited), a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. The company has raised funding from marquee investors such as SAIF Partners, Sequoia India, Aspada Investments, Creation Investments Capital Management LLC, Ribbit Capital, and Amazon. Capital Float is headquartered in Bangalore, with offices in Mumbai, Delhi NCR and other cities. For more information: www.capitalfloat.com For job openings, click here: https://capitalfloat.darwinbox.in/jobs/jobs

MEDICI Analysis

Capital Float is an online platform that provides working capital finance to SMEs in India. The company offer short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. The company has issued loans to businesses from their loan book and also through their lending partners.

Focus

PRODUCTS & SERVICES

CapitalFloat provides working capital loans for e-commerce merchants. It offers loan to SMEs of an average value of INR 50,000 to 5,00,000 with a repayment tenure of 16 to 18 months. It offers various type of loans products namely: 1-Term Finance: It offers short-term unsecured business loans to SMEs in order to meet their operational needs. 2-Online Seller Finance: It helps sellers to grow their marketplace by providing them with finance options. 3-Pay Later Finance: It is a rolling loan product that helps SMEs to make payments to their suppliers within 24 hours. This product carries a predefined credit capacity which can be used by applicant to make drawdowns and repay the amount to the suppliers. 4-Merchant Cash Advance: It offers a loan option to merchants with consistent card settlements and short-term investment requirements. 5-Supply Chain Finance: It provides accounts receivable financing to merchants, which enables them to liquidate their invoices into cash. 6-Taxi Finance: It enables drivers to raise capital to buy a car and join the radio taxi business. 7-Doctor Loans: It is a professional loan that helps doctors to raise finance for their practice, equipments, clinic, staffs etc. 8-School Finance: It helps schools in India to upgrade and expand their existing infrastructure by offering them collateral-free finance product.

REVENUE MODEL

The company generates the revenue from the interest rates starting at 18% per annum with a processing fee of upto 2% of the loan amount.

MAIN CLIENTS

Business Borrowers

EXISTING PARTNERSHIPS

Amazon

Flipkart

Snapdeal

Paytm

Myntra

and ShopClues - To acquire more visibility and understand the conduct of potential customers

COMMENT

The loan application process is simple and user-friendly where users can submit all their basic information under 10 minutes and also upload all the relevant documents digitally. The loans are generally disbursed within 72 hours. The company claims a delinquency rate of lower single digit rate. It also offers customised loan products like: 1) Doctor Loans: Through this financial product, doctors can avail loans up to INR 30,00,000 with a repayment tenure of 1-4 years. 2) School Finance: Through this financial product, schools and institutions are eligible for a loan amount up to INR 50,00,000 with a repayment tenure of 3-5 years.

Traction

VALUATION / MARKET CAP:

$31.62 M in 2017

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

79,512

AVERAGE VISITS (6 MONTHS)

72,213.22

MONTHLY VISITS GROWTH

37.93%

VISIT DURATION

292

VISIT DURATION GROWTH

64.05%

PAGE VIEWS VISIT

2.64

PAGE VIEWS VISIT GROWTH

-16.59%

BOUNCE RATE

54.63%

BOUNCE RATE GROWTH

-2.45%

GLOBAL TRAFFIC RANK

360,193

MONTHLY RANK CHANGE

-167,246

MONTHLY RANK GROWTH

-31.71%

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