Insta Capital: Instant Growth Capital for Businesses
Insta Capital is the brainchild of Vivek Bajaj, a post graduate in finance discipline from London School of Economics & Political Science. After returning to India, Vivek joined his family business(with a 60year legacy) that dealt with providing unsecured loans through bill of exchange discounting. Working for three years, he noticed the amplifying financial landscape,
"Identifying the enormous opportunities and having extensive brainstorming sessions, we drew up a detailed business plan and began our journey of getting an NBFC license and started with our own proprietary under writing algorithms to help businesses out," speaks Vivek Bajaj, Director, Insta Capital.
“A New-Age non-banking Finance company, Insta Capital's turn-around time for loan application to disbursement is considered to be one of the fastest in the industry”
Loans Delivered in Time for SMEs
The company focuses on lending capital to businesses that find difficult to raise enough funds from banks & other financial institutions and reaches them through use of alternate sources of data or by gathering a better understanding through personal discussions with the owners. It arranges funds in an instant manner for business to meet their working capital or other business needs. It also offers unsecured working capital loans at short notice at the borrower's comfort zone.
Visions to bridge the gap in Financial Lending Space
A New-Age non-banking Finance company, Insta Capital's turn around time for a loan application to disbursement is considered to be one of the fastest in the industry. The target audience comprises of SMEs across any industry. Led by the vision to bridge the gap between demand and supply of capital in the underserved SME segment in India, Bajaj concludes, “In the coming years, our focus is tocontinue to reduce the turnaround time and provide exceptional customer service through simplicity in processes rather than focusing only on growing the loan book with little heed to NPAs.”