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Experienced promoter secures new financing option to adapt to changing industry conditions
Early stage startup secures flexible financing for working capital needs
Fast-growing corporate buyer secures timely working capital finance for its SME supplier base
Sumit Agarwal Chief Financial Officer Zovi.com "Capital Float has come as a breath of fresh air in the traditional financing and factoring industry. Their contemporary approach and technology-driven solution make them stand out. We are glad to have partnered with them, early in their growth trajectory."
Ajith Karimpana CEO Furlenco "Furlenco, being a fast-growing asset-heavy rentals-based company, is used to a constant capital challenge. Before we engaged with CapitalFloat, my impression was that Startups can only raise money through equity regardless of their cash flow status. The general wisdom in the market is that Startups should not even bother with debt since that is not available. To a large extend it is true as well. Multiple year balance sheets, profitability, large revenue base - these are not characteristics of a pure-sense Startup. readmore..
Ankit Goenka Owner Ankit Garments "Capital Float’s loan against invoice is a great product for the apparel sector, where big customers often pay late. We also found it useful as a convenient top-up to our existing OD and bank credit lines. The loans are competitively priced, and the process of applying is really simple."