Channel Financing

Channel Finance is a type of working capital facility which is both innovative and one of its kind. This facility is being provided to channel partners like distributors, dealers or any buyers who purchase goods or services from a company or corporates.

It is also termed as Supply Chain Financing, where the Supply Chain stakeholders are the buyers and the suppliers and the banks offer short term working capital facilities to them

ZipLoan’s Channel Financing Program ensures availability of the finance from Rs 1 lacs to Rs 7.5 lacs for these partners within 3 days*. Extended and convenient repayment terms facility is being provided that helps these partners to ease out cash flow required to manage expenses of the other business areas.

instant business loan

ZipLoan is the Lender of Choice for Small Businesses.

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Minimal Documentation

No balance sheet needed

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No Prepayment Charges

After first 6 EMIs

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Receive Funds Within 3 Days*

Straight into your account

Features & Benefits of Channel Finance

  • Faster Loan Approval - The loan gets approved within 3 days* through an easy loan application process.
  • Unsecured Working Capital up to Rs 7.5 Lacs - Eligible for Channel Financing up to Rs 7.5 lacs, without mortgaging the collateral securities (Both personal and business.)
  • Easy Online Management of Loan Account - Manage your loan account online from anywhere and anytime through any device.
  • Flexible Repayment - With our flexible repayment tenure option, the business owner can repay the short-term business loans as per his business revenue. He can choose between 12 months, 18 months, 24 months or 36 months.

Eligibility Criteria for Channel Financing

We offer business loans to eligible micro, small, and medium enterprises. The business owner must meet the following conditions to fulfil the business loan eligibility:

  • Business turnover of more than Rs. 7.5 lakh
  • The business owner should own either a business premise or a house premise
  • Business vintage or the business should be in operation for at least 2 years
  • Last year ITR of more than Rs. 1.5 Lakh

Documents Required for Channel Financing

The documents for Channel Financing serve as proof for the information provided. We require minimal documentation to process the loan application, thus assisting in getting a business loan easily. The business owner can upload the soft copies of the documents on our website or mobile App. The following are the documents that we require:

  • Aadhar Card
  • PAN Card
  • Bank statement (previous 9 months)
  • ITR of the last 1 year
  • House and business place address proof

Interest Rates for Channel Financing

ZipLoan provides Channel Finance at a competitive interest rate and the fees and charges kept are very minimal.

Apply for Channel Finance

Applying for Channel financing with us is very easy and smooth. The business owner just needs to visit our website or our mobile app to apply from anywhere and anytime, fill the Channel finance application form, provide us with some basic details (personal and business), upload the soft copies of the required documents. Next, our executive will call him to assist in the further application process.

Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

Ready for Ziploan to
empower your business ?