121 Business Finance is also the trade name of 121 Finance Private Limited, which is a NBFC registered with Reserve Bank of India (RBI) as ICC (Investment and Credit Company).
Incorporated in 1984 as Yerrow Finance & Investments Pvt. Ltd., the name was changed to 121 Finance Pvt. Ltd. in 2019.
We are an alternative lender to MSME offering Receivables Finance, Trade Finance, Factoring Receivables, Structured Finance and at the same time offering qualified investors an asset class to invest their short to medium term surpluses.
121 Finance is a technology focused MSME business finance platform with core focus on short-term working capital finance. We, through our associates, also arrange for structured finance required for longer tenures. Over the period we have found niche in working capital finance for businesses with erratic or seasonal cycles, but with secured payments.
We are an NBFC Factor, with full focus on Invoice Discounting, Factoring and Reverse Factoring.