Business VerticalRetail – Pharmacy
Monthly TurnoverRs. 10,00,000 – 13,00,000
Monthly Banking TurnoverRs. 3,00,000 – 4,50,000
Home RentedYes
Business RentedYes
Top-up Loans2
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LoanSimple helped Pawan add retail business on top of existing wholesale business

Pawan who hails natively from Punjab moved to Delhi because of her daughter’s education is a practicing pharmacist himself. Having worked for a long time for a big pharma company, he was always driven by the huge margins in the retail pharma sector. “Earlier I only used to do the wholesale part of the business until one day when I saw pretty terrific opportunity to set up a retail shop within a famous hospital of the area.” Waiting to pounce on the opportunity Pawan happened to download the Loansimple merchant app from the playstore and ended filling his application form.

Pawan found entire process to be simple

“The very next day I was approached by a member of the sales team who processed my application within minimal time and paperwork. My funds arrived just within time and I was able to put them to an optimal use.” Pawan says that the best part of dealing with LoanSimple is promptness. “Even though the whole process right to processing of the loan application to its post disbursal service is technology driven, all the grievances and queries are resolved by a proactive support team.” Pawan hopes to deal in precision medical equipment in future and is keen on his 3rd top-up for the same.

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