The company was looking for a single platform where they could not just manage their existing lenders but also connect with more lenders to raise a debt of INR 12 Cr through purchase bill discounting.
- They had 3 existing lenders, each with a different documentation requirement for giving loans. They needed a platform to consolidate their business information and reach out to lenders seamlessly.
- The company was paying high-interest rates for its existing loans and was looking to refinance them.
- Additionally, they needed to raise INR 12 Cr through purchase bill discounting for improved cash flow on new projects.