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Seller Financing – giving your business that added advantage!

Every business needs that extra push or lift to take it to greater heights. This is why Paytm offers seller financing options and loan programs to help you get the capital to grow your business.

Since we got started, we have already disbursed loan amounts of almost Rs. 50 crores! We want to help you get the resources you need to increase the scale of your business. The best part is that these loans are all free of collateral and given on the strength of your business as a Paytm Seller.

We have collaborated with top lending corporations and banks who are experts in providing working capital finance to merchants selling on online marketplaces so that more SMEs can GoBig!

We have ensured that loan amount can range from Rs. 50,000 upto Rs. 2 crores based on the need and eligibility of our sellers. If you are a seller with Paytm and want to increase your business, this might be the right time for you to apply for a loan!

How would getting financed help you?

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Seller Financing FAQs:

How do I know if I am eligible for financing?

You can check loans tab in Seller Panel to know if you have any offers.

How do I apply for financing options?

You can apply by filling a small form and selecting the offer preferences. Once you have applied, we will send the information to lending partner, they will call you within 2-4 working days.

How is getting financed helpful for me?

Working capital availability can fuel the growth of your online business. You can

  • Stock more inventory
  • Add new products to catalogue
  • Participate in online fests
  • Manage cash flow gaps
  • Grow business exponentially

What are the different kinds of financing options available? What are the differences between term loan and overdraft?

Term Loan: A term loan is a fixed loan that is repaid in regular payments over a set period of time.The entire loan amount is disbursed in one go. Interest rate is charged on the loan amount disbursed. Loan is to be repaid in monthly installments as set by the lender.

Overdarft: In case of OD (overdraft) facility, an upper limit is set for the loan. The borrower can withdraw as and when there is capital requirement in a set period of time. Interest rate is charged on the borrowed amount and not on the OD limit set. Interest is charged only till the day of repayment. The entire amount borrowed is to be paid in lump sum within the period re-defined with the lender.

How much and how long can I borrow?

Offers from our lending partners range from Rs 1 Lac – Rs 3 crore, for duration  between 1 – 12 months.

How much is the interest rate?

Different lenders offer loans under different interest rate range. It can range from 12-24%.

Do I need to pledge property or machinery to get a loan?

No. If you take loan through Paytm platform, loan is collateral free. If you take a loan from our partner lenders, since there will be no collateral, your payout will work as a security and will route through a virtual escrow account. This account is opened when both lender and seller agree to it. Once loan is repaid, this virtual account is disabled and payout again starts to get deposited in seller’s current account.

What will be the process of paying back a loan?

Process of paying back depends on lender as well as type of loan. Term loans have fixed repayment cycles (usually monthly) while in a case of overdraft one can borrow upto limit and pays back within 60 days (may vary as per lender) of borrowing. So, If your OD limit is 1 crore and you withdraw 90 lacs you will have to pay back 90 lac + 2 month interest if you pay back after 2 months. If you payback after 10 days, you pay only 10 days interest.

How long can I repay in?

All loans offered here are short-term loans and have to be settled within the period for which sanction is done.