Fundly

Fundly is a fintech platform embedded in the healthcare vertical to provide innovative financing and allied solutions to the pharma distribution tail, specialty players, and brands. We provide business loans for meeting the working capital needs of small businesses through our RBI-registered NBFC partner. Why Fundly Retailers sales are uneven causing Short term capital mismatches High borrowing cost Loss of cash discount Cheque defaults Lose of business and credibility Fundly has built full-stack tech for solving such supply chain Network Inefficiencies and skewed working capital cycles by providing accessible, convenient and customized financial solutions. Top Features Avail Funding Anytime, Anywhere Hassle Free Onboarding Track Disbursals On The Go View Account Statements on the app No Hidden costs & Surprises What We Offer: .Loan amount: ₹ 1,000 - ₹15 lacs Flexi repayment option from 1 to 6 months Quick and seamless onboarding process No processing fee or GST charges Annual Percentage Rate (APR) in range of 18% to 29% Minimal paperwork No collateral needed Pay off your loan early anytime without any prepayment penalty Example of How it Works Let’s say you borrow ₹1 lac for 6 months Processing fee or GST charges are ₹0 APR: 20% p.a. (on reducing principal balance) Now if you want to make a repayment say after 3 months, it’ll result in ₹4932 interest otal repayment amount is ₹1,04,932 Note: These numbers are for representation purpose only. Final APR will depend on customer’s credit assessment. Eligibility Criteria Applicants and Co-applicants age: 21-58 years Applicants and Co-applicants should be a resident of India Entities should be proprietorship firm, partnership firm/LLPs or private ltd companies Our Lending Partners (NBFCs) UGRO Capital Limited Steps to avail the facility 1. Install Fundly app 2. Enter your mobile number 3. Enter login PIN shared on email 4. Voila! You are ready to Get Funded Queries or Feedback? Please reach out to us on [email protected] OR call us on 09892422528, if you enjoy using the app, do give us a 5-star rating!