WELCOME TO the world of factoring

DIGITAL
FACTORING FINANCE NBFC-FACTOR for MSMEs

Factoring, Invoice Discounting, Invoice Financing, Bill Discounting, Embedded Finance,
Trade Finance, B2B Working Capital Finance

Our Services

Factoring Finance

Digitised solution for everyone buying

or selling goods/services on credit

Factoring supports the sellers in quick conversion of receivables into cash

Reverse Factoring helps buyers get instant finance, in addition to their banking limits

How it works

By selling the receivable invoice to us, without any collateral, your business can convert them into cash instantly and be free from the management of the receivables. This is faster than traditional sources of Working Capital available in the market

We are a unique NBFC-FACTOR Company

Small seller/ MSME oriented

Instant Disbursements

Friction free processes

Zero Risk Option

Collection and Receivable Management

Technology Driven

100% Customised Programs

Secured Data-based Underwriting

Know more about Factoring Finance

No unnecessary or additional interest charges
Factoring is not shown as a loan on your Balance Sheet
Commonly known as Bill Discounting, Invoice Discounting, Invoice Financing
Has only been available for big corporates until now
Available for loss making, financially weak and newly setup businesses as well
Based on the Registration of Factors(Reserve Bank) Regulations, 2022

Embedded Finance

Enabling Buy Now Pay Later (BNPL) for all Loan Service Providers, Marketplaces, B2B platforms, Auction Houses

Our Embedded Finance program supports the B2B Trade Finance by automating Buy Now Pay Later for all its stakeholders.

Using our secured underwriting algorithm, the process can be completed 24×7 disbursements by Straight Through Processing, for invoice value as low as Rs 10.

How it works

After the invoice is generated on the trading platform, the buyer can choose to Buy Now, Pay Later. The underwriting process begins and once the algorithm clears the transaction, the money is disbursed instantly.

We’ve successfully pioneered in the space by going live and transactional on OCEN enabled GeM Sahay

Want to find out how 121 Finance is carving a new space and digitising Factoring for small ticket sizes?

Working Capital Finance

Customised finance solutions that aren’t traditionally available for

Government contractors
Seasonal, erratic and long cyclic businesses
Startups and loss-making businesses

Digital Co-Lending

Making Sachet Working Capital loans for MSMEs accessible to large banks and NBFCs

How 121 facilitates

banks and NBFCs

Small ticket size friendly
Customisable technology stacks
Thorough product and domain knowledge

Feathers in our Cap

India’s first NBFC-Factor to receive the Certificate of Registration under Registration of Factors (Reserve Bank) Regulations, 2022

Pioneers in going Live and functional on OCEN enabled GeM Sahay

0 cr+

Disbursed

0 +

Invoices Discounted

Cities served

Our Edge

Our Edge

MSME/ small business friendly
Quick, Straight-Through-Processing
Fully automated yet simple onboarding
Receivables management back office support
Integrated with Tally and other ERPs
No collateral required
Enabling 24×7 B2B payments
Also known as Invoice Discounting, Bill Discounting, Invoice Financing

Why Us

Tech-First

Tech-first Factoring company with a proprietary underwriting algorithm (RACE®)
STP – automated and digitised workflow
Built on India Stack
NBFC with a fully functional and transactional iOS, Android app
Constantly evolving Intelligence with Machine Learning data from multiple sources
Account aggregator – Sahamiti
Unique API-based technology with growing API integrations

Risk Assessment & Credit Eligibility (RACE®)

An underwriting engine designed by a team with the collective experience of 95+ yrs from Banking, MSME, Working Capital Doctorate, Technology

Proprietary algorithm based Risk Assessment and Underwriting Tool
Amongst the pioneer FIUs (Financial Information User) as a partner to the account aggregator ecosystem, gathering untouched and instant data points
Straight Through Processing allows no manual intervention making underwriting more dependable
Based on the cross-pollination of multiple data points building stronger Data Analytics
Supports faster and digitised Due Diligence
Business Rules Engine gives the flexibility to customise rules specific to each trading platform

Digital Invoice Factoring

Completely digitised:

DIY Onboarding
Digital KYC
Rule-based Underwriting (RACE®)
Documentation, a/c signups, e-signature
Transaction, Invoice Verification, and acceptance
STP based 24×7 disbursements using banking APIs

Enabling all ticket size Transactions

Small ticket size-friendly solutions to bring the Digital Factoring experience to the bottom of pyramid MSMEs, both as a seller and buyer.

As an RBI regd. Factoring NBFC with our unique platform, we are nimble and have proven to be a challenger in servicing this space that incumbents can’t service.