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
EMBEDDED FINANCE
Enabling Buy Now Pay Later for all LSPs, Marketplaces, B2B platforms
WORKING CAPITAL FINANCE
Customised finance solutions that aren't traditionally available
DIGITAL CO-LENDING
Making Sachet Working Capital Loans for MSMEs accessible to large banks/ NBFCs
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
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.
Trusted By
Our clients have been able to take on businesses with these larger organisations, by signing up with us.























