FAQ’s

Ethics Fintech Pvt. Ltd. helps businesses by providing immediate financing against invoices, without the need for physical paperwork. It makes the process quick and digital, enabling businesses to secure funds efficiently based on their outstanding invoices. This can be a great solution for businesses that require quick liquidity but do not want to wait for payments from customers.

Invoice-based financing, also known as accounts receivable financing, is a financing method where a business uses its outstanding invoices (amount owed by customers) as collateral to obtain funding from a lender or a financing company. This allows businesses to receive immediate cash flow rather than waiting for the invoices to be paid in full by customers.

• The business must be registered under the JanAushadhi Kendra initiative (PMBJK).
• The business must be a sole proprietorship (partnerships, limited liability companies, or trusts are not eligible).
• The business must have a valid current account with a bank, as loans are provided based on the current account transactions.

• KYC Documents
• Aadhar Card (for identity verification)
• Pan Card (for tax purposes)
• Drug License (required for businesses in the pharmaceutical industry)
• GST Number (if applicable, to show tax registration)
• Bank Statements: The last 6 months of bank statements from your current account.