Merchant Finance Software

Merchant Finance Software Details
Websoftex Microfinance Software is a leading software development company that offers high facility Loan management Software in all Over India that performing all kinds of loan scheduling process, it is specially designed Websites for very small up to a large scale operation. As, Loan management software perfect track of all customer payments and accurately calculates the portion of each payment that is to be applied to interest, principal, and etc. NBFC loan Management Software is performing all types of loans, including standard home loan, mortgages, and more types of loan schedules.

Target Group

To meet the credit requirements of all type of traders/service providers/Professional in Manufacturing and Service sector

Eligibility

All type of traders/service providers/Professionals etc

Eligibility and Loan Amount

Based on the project cost/projected turnover

Nature of Facility

Loans/Overdrafts

Security

As per scheme guidelines
Charge on the assets created out of the Finance like Hypothecation of stock
Collateral security if any like mortgage of property, Pledging of NSCs, Assignment of LIC Policies etc

Repayment

As per scheme guidelines
For loans normally 3 to 7 years
Overdraft account to be renewed once in a year

Interest rate

As per scheme guidelines