For Manoj Kumar, M.K Dye Maker is more than just a business—it’s his legacy. Based in Faridabad, Haryana, he set up this small manufacturing venture after gaining expertise in commercial dye making. With a hard-working mentality of saving, Manoj iterates that his business has long, and infrequent credit cycles coupled with extensive stocking of raw material in order to keep the business live and kicking. “My primary requirement lies in the installation of new machinery and worker pay outs as my credit cycles are prolonged. Conventional process of credit procuring comes with a hassle, lot of paperwork and my business being rented, and job work oriented business creates further hurdles”, Manoj adds. He came to know about LoanSimple via an online fintech platform that redirected him to the website and ended up filling the application.
“The best part about the entire process is the on call personal discussion. I have never visited LoanSimple’s office, yet the process is so airtight.” “Everything right from people visiting my business premises in order to make sure that I run a legit business to setting up my automated repayment environment happened within just 5 days, which was precisely the time in which my loan got sanctioned.” Manoj has just signed up as a vendor for many new projects, and hence looks forward to a hefty top-up as his repayment history with the company has been terrific.
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