- 500+ loans disbursed worth more than 20 crores
- Exponential demand for business loans from over 50,000 registered users in Nagpur
- Targeting another 100+ Cr disbursements by 2025
In its efforts to continuously reach out to an increasing number of small businesses and micro enterprises (MSMEs) and fuel “Atmanirbhar Bharat “growth, Flexiloans.com, India’s leading and fastest-growing digital lender, announced today that it plans to disburse loans worth Rs. 100 Crores to more than 2+ lakh registered users by 2025 in the Nagpur region
The company is witnessing an exponential increase in demand for Loans from Maharashtra, Nagpur in particular. The city has been the hub for a lot of business activities, including that of MSMEs, E-commerce, Pharma, Engineering, Trading, etc. and we see a probability of these businesses growing multi-fold.
FlexiLoans.com’s proprietary technology and data science capabilities are unparalleled in the industry and give them an edge to serve their mission of Loans @ click to MSMEs across the country. Their brand ethos, “Loan nahi, samjho tarakki hai,” truly captures their mission to provide more than just loans—they offer opportunities for growth and progress. FlexiLoans.com remains committed to innovation, customer satisfaction, and financial inclusion with their user-friendly digital platform and personalized service
Speaking on the occasion, Mr. Manish Lunia, & Co-founder, Flexiloans.com said, “We are extremely happy to announce our plans for Nagpur. At Flexiloans, we recognize the significant contribution small businesses and micro-enterprises have made to the economy and we believe that this city is at the forefront of growth in Maharashtra and is one of our priority markets now. We also understand the need for timely finance and work towards fulfilling this need through our customer-centric product framework. We currently disburse more than Rs 100 crores on a monthly basis and are on track to achieve our vision of being India’s trusted financial institution for entrepreneurs and MSMEs. We look forward to partner with MSMEs in Nagpur and offer credit solutions aimed at enabling them to meet their future expansion and growth”
Flexiloans has been constantly working towards addressing the credit requirements of MSMEs. In last five years of its inception the firm has since then grown significantly, it currently manages more than INR 1,500 Cr of AUM and has an annual disbursement run rate of over INR 4,000 Cr to more than 15 Lacs+ registered users and over 30000+ loans. By the end of this year, it aims to hit an annualized disbursal of Rs 5000+ crores in 2024-25 alone.
The company currently operates in 1500+ cities across India and has 120+ Ecosystem partners such as Flipkart, Amazon, Paypal, PineLabs, Mswipe TrueCaller, etc to get access to over 5 million SMEs in the country.