What is Bill Discounting?
Bill Discounting helps you to finance your unpaid invoices and get upfront cash which can be used for working capital.
Features of EFL- Bill Discounting
Maximum
Amount
Up to 95% of invoice value
1
Repayment
Minimum 60 days
2
Interest Rate
Flexible and based on customer profile
3
Collateral
No need of collateral upto Rs 20 lakh
4
Period of Bills
Upto 90 days old bills can be discounted
5
- Who can get
- Benefits
- Why choose EFL
- How to apply
Industrial & Residential :
How can you improve your chances of getting a Bill Discounting Loan?
**Based on past EFL customers.
*The above parameters will improve the chances of getting a loan but are not mandatory
*The above parameters will improve the chances of getting a loan but are not mandatory
Benefits of Bill Discounting
Provides upfront funds for working capital
Eases out cash flow
