121 Business Finance
Curated by SignalFintech platform offering trade finance and working capital loans.
Overview
121 Business Finance operates in the fintech sector, focusing on trade finance and working capital loans specifically designed for small and medium-sized enterprises (SMEs). The company offers financial services including factoring, invoice discounting, and trade finance, which enable businesses to obtain short-term financing based on their trade activities. Utilizing digital technologies, 121 Business Finance aims to streamline application processes and improve liquidity for SMEs, assisting them in managing operational costs. The company employs a proprietary underwriting algorithm, RACE®, to facilitate automated workflows. Additionally, its involvement in the Open Credit Enablement Network (OCEN) allows for 24x7 B2B payments. This model seeks to address the financial challenges encountered by SMEs.
Key facts
- Founded
- 2010
- Headquarters
- Jaipur, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 6 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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