Frequently Asked Question



  • You need money for a relatively shorter period of time
  • You need the money real fast and with minimal documentation.
  • You need flexible eligibility norms based on annual turnover or cash profits as opposed to reported income or profits
  • You can ask for flexible repayment terms from 1 to 90 days.
We felicitate short term funding from INR 5 lakhs to any amount, mutually depending upon the lender and borrower, with tenure between 1 day to 90 days.
The rate of interest is based on several market dynamics,, however it ranges between 15% to 24% per annum.
At the time of disbursement repayment terms are mutually agreed between lender & borrower. Mode of repayment can be either ECS or Post dated cheque.
Interest shall be paid after the loan is disbursed to you, as per agreed terms.
Yes. All prepaid interest is returned back, except for charges.
  • Small businesses, SMEs, Small and mid size Corporate
  • Self proprietorships, partnership firms, private limited companies, trusts, societies etc
  • Manufacturing firms, traders, wholesalers, retailers, exporters, distributors and resellers
  • Self Employed professionals such as doctors, engineers & architects and people with professional degrees
Yes, your borrow request can still be approved by 121businessfinance.com if you fit in our eligibility criteria.
Although it depends on what kind of business entity you are but still you need to submit bank statement, VAT return, ITR and financials. Apply now to check out the complete list.
As soon as our credit team gives an in principle sanction to your funding request, we start matching the lenders immediately. Once lending compliance is done, between 24-48 hours funds will be transferred to your account.
We have a portal where you can track the due dates, raise service request, see lender statutory details and see your borrowing portfolio. We share login details once the account setup is done at our end.
Yes you can apply again at our portal from your login, however all lending compliance and credit assessment needs to be done.
121BusinessFinance.com is owned and operated by Lending Solutions India Private Limited.
We only share the contact information and statutory information with the lender who has actually lent to you. All other information provided by you is saved in our secured database and not shared with anyone. We honour and maintain the dignity of all our borrowers. Please refer our Privacy Policy.
You need to write an email on help@121businessfinance.com or call us on 9314 121 121 for the same.
You need to write an email on help@121businessfinance.com or call us on 9314 121 121 for the same.
Yes, you can register for both roles on our portal. Write to us on help@121businessfinance.com or call us on 9314 121 121 to open your lending account.
We are fully compliant by all laws relevant to our business as on date, although there is no regulation in place as on date for our business model.
No, all communications between the lenders and borrowers is facilitated through our portal
Details for charges are defined in Terms & Conditions. Processing fees & commission for the arrangement is applicable as per Terms & Conditions available on our website.
You just signup on our website and we´ll guide you.
Anyone who is a resident of India and has a PAN can lend on our platform.
We connect businesses who require short term funds (tenure from 1 day to 90 days), immediately on the fly with businesses/lenders who have surplus to be lent.
Yes, once your account setup is done at our end, we´ll provide you the account login from where you can place lending requests, manage and see your portfolio, see borrower profile, place service request, and download confirmation statements.
You need to comply with KYC, AML, PMLA, and all other lending compliances/regulations prescribed by the government from time to time.
You can start with a minimum of Rs 5 lakhs to each borrower and there is no limit to your total lendings.
The rate of interest is based on several market dynamics,, however it ranges between 12% to 18% per annum.
Yes, depending upon case to case basis. The trades are matched based on lender priorities.
Once you accept the lending proposal, we’ll ask borrower to sign the agreement documents. Once we get the documents signed, we’ll ask you to do the payment to the borrower.
After completion of disbursement of loan to borrower and all lending compliances, all the original documents are given to lender, although soft copies are also available on our portal under your log-in. We also offer custodial services for these documents.
While sending you lending proposals, we would share some primary information about the borrower. During/after the lending compliance and deal execution, you will have access to the entire statutory and contact information of the borrower always in the portal under your log in.
Yes, you can place your lending request on our portal from your login as many times you want and we´ll be happy to serve you.
You will receive the interest within 2-3 business days of the interest due date.
Borrower will be deducting the TDS as per the income tax rules.
This is an online marketplace and is market driven and thus depends upon the demand and supply.
We charge an account setup fees from lenders and an annual maintenance charges. Certain products do have charges applicable to lenders also.

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