Loan against POS

If you are an offline retailer and accept payments digitally via Credit/ Debit cards using POS terminal (Card swipe machine) or via QR code from a mobile wallet, then you can avail a loan equivalent to your average monthly sales through card/QR payments.

This loan can be easily repaid daily from your POS machine or mobile wallet thereby reducing the burden of heavy monthly EMIs. We work with all the top players in India including Pinelabs, Mswipe, IndiaTransact (Ongo/AGS), Firstdata (ICICI merchant services), Paytm, BharatPe and others. If you use any of these payment systems, you can apply and share your unique Merchant ID for us to evaluate the eligibility or if your swipes are not sufficient to pay the loan, we can deduct the balance amount from bank account via ECS (NACH) mechanism.

Loan amount: Up to ₹1 crore
Loan Tenure: 3 months - 24 months
Repayment Frequency: Daily

Eligibility Criteria for Loan against POS

Age of business (from the date of registration) 1 year
Monthly business sales Minimum ₹1,00,000

Features of FlexiLoans Loan against POS

  • Easy daily repayments
  • Flexible tenure up to 24 months
  • Unsecured loan (No collateral required)

How to apply for Loan against POS with FlexiLoans

Complete application It is fast and takes only 5 minutes
Upload documents Easily upload your documents online
Credit analysis We will check your documents & evaluate your application
Loan disbursement Once approved funds will be credited to your account

Documents required for Loan against POS

Personal KYC PAN card
Residential Address proof (Any one) Rent agreement | Driving license | Voter’s ID | Ration card | Passport | Aadhaar card
Banking Last 6 months current account bank statement
Business KYC (Any one) GST registration certificate | Shops & establishment certificate | Business PAN card

Got Questions? 07948061722