Instant Funds, Instant Relief: Be Festive Season Ready with Flexi Funds

The festive season is upon us, a time for celebration, shopping, and increased business activity. But for many small business owners (MSMEs), it can also be a time of financial strain. Unexpected expenses, stocking up for inventory, and managing cash flow during peak periods can all lead to temporary cash shortages.

This is where Godrej Capital's Flexi Funds come in – a powerful tool to help your MSME thrive during the festive season and beyond.

What are Flexi Funds?

Think of Flexi Funds as a financial safety net for your business. It's like having a credit line attached to your Godrej Capital Loan Against Property (LAP) or Udyog Loan Against Property (Udyog LAP), or Business Loan. This line of credit allows you to withdraw funds instantly, just like an overdraft facility, whenever you need them.

Also Read: Overdraft Facility and Flexi Funds: All You Need to Know

Why Choose Flexi Funds for the Festive Season?

• Instant Access to Funds: No need for lengthy loan applications or approvals. With Flexi Funds, you can access funds instantly to meet any urgent business needs, ensuring you can capitalize on festive season opportunities.
• Pay Interest Only on What You Use: Unlike traditional loans where you pay interest on the entire sanctioned amount, Flexi Funds only charge interest on the amount you withdraw. This saves you money, especially if your financial needs are temporary.
• Flexible Repayment Options: Flexi Funds offer flexible repayment options, allowing you to repay the withdrawn amount at your convenience. Choose from monthly, quarterly, half-yearly, or even an annual repayment plan that best suits your cash flow.
• Reduced Repayment Burden: Certain Flexi Fund variants automatically reduce your available credit limit over time. This helps ensure you don't overspend and manages your debt effectively.

Benefits of Flexi Funds for Small Business Owners:

• Peace of Mind: Knowing you have access to instant funds during the busy festive season provides peace of mind and allows you to focus on running your business.
• Manage Cash Flow Fluctuations: Flexi Funds help bridge temporary cash flow gaps, ensuring you can meet your business obligations and avoid disruptions.
• Seize Business Opportunities: Don't miss out on festive season sales or special inventory purchases due to lack of funds. Flexi Funds allow you to act quickly and capitalize on opportunities.
• Improved Financial Management: The disciplined approach to repayment encouraged by Flexi Funds can improve your overall financial management skills.

Also Read: How Can Businesses Be Ready for Festive Season?

Be Festive Season Ready with Godrej Capital Flexi Funds

This festive season, don't let temporary cash flow hurdles hold your business back. Godrej Capital's Flexi Funds offer the perfect solution, providing instant access to funds, interest savings, and flexible repayment options.

Get Started Today!

Apply now for a Loan Against Property Flexi Funds or Udyog Loan Against Property Flexi Funds or Business Loan Flexi Funds with Godrej Capital and ensure a smooth and successful festive season for your MSME.

Also Read: Loan Against Property versus Loan Against Property Flexi Funds: Which One Fits Your Needs?

Related FAQs 

1. How to manage withdrawable funds in Flexi Funds?

You can log in to Godrej Capital’s Customer Portal. The portal will allow customers to flexibly withdraw, check limits, and repay at their convenience.

2. Can I use multiple properties to increase Flexi Funds limit?

Yes, you can mortgage multiple properties to increase the total value of Flexi Funds limit, contingent upon credit policies. The interest rate will be determined accordingly.

3. Is there a maximum or minimum limit on withdrawal or repayment?

Repayment: Customers have the flexibility to repay the entire amount, ranging from a minimum of INR 1,000 to the maximum loan amount, depending on the utilization of funds.
Withdrawal: Customers can withdraw up to the maximum loan amount, with a minimum withdrawal limit of INR 1, subject to the available balance.

4. Can I use Flexi Funds for personal use?

Flexi Funds is only offered for business-related expenses.

5. Who can apply for Flexi Funds?

Any individual or entity requiring funds for business purposes and possessing a property can apply.

Disclaimer: The contents of this article are for information purposes only & not a financial advisory. For more details, please refer to the product or service document and/ or connect with our customer representative prior to making any financial decision. The information is subject to update, completion, revision, and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

Financing through Godrej Finance/Godrej Housing Finance Limited. Product Terms & Conditions apply, for details visit  www.godrejcapital.com