Micro Enterprise Loan

A Micro Enterprise Loan varies from ₹40k to ₹3 lakhs. Most Micro Enterprise owners face difficulties like CIBIL score, no income tax history, etc. These factors hamper their progress and further force them to reject banks, NBFCs, and approach traditional money lenders. Money lenders exploit such shopkeepers or Micro Enterprise owners due to high rates of interest, leading them to suffer more. Additionally, traditional money lenders calculate interest using the compound interest formula and exploit them by charging penalties on interest as well.

Get financing for whatever you need now!

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Loan on Assets that power Micro Enterprises

AFPL offers Financial assistance at competitive interest rates and flexible repayment schedules. Any loan can be sanctioned if it generates income to the borrower. Equipments or assets that can be covered under this product may range from any industry like food, transport etc.

Loan Against Equipment

With no income documents required, getting a loan couldn’t get any easier. AFPL offers you refinance based on the existing asset. Customer can enjoy low interest rates if he fulfills all the eligibility conditions.