Working Capital Loan, Equipment Financing, Growth Capital
India is an entrepreneurship powerhouse. It is one of the fastest growing economies in the world. Small businesses are an integral part of the India Growth Story. There is no denying any of these happy realities. That said, assistance in the form of financial inclusion and funds to grow is a crucial need for small businesses to flourish. In fact, it is the absolute need of the hour in India. This is something our research recognised and motivated us to be in a position to play a pivotal part in, and help fuel, nourish, and sustain India’s small business and entrepreneurship ecosystem.
Simple, fast, easy and no-hassle
application with access from anywhere.
Loans designed keeping you in
mind, enabling quick repayment.
Automated evaluation of applications
backed by technology for a fair assessment.
Adherence to strict compliance and security measures keeping your sensitive information confidential.
Focused to empower small businesses, self-employed and other businesses.
Gromor Finance has been conceived as a financial solution provider to the hitherto unassisted enterprising entrepreneurs of India who are ubiquitous, running mom and pop stores, trading goods and wares, operating franchises, as vendors and suppliers, manufacturing knick-knacks, making handicrafts and textiles. They may not be introduced to the formal credit banking system, or may be stuck with onerous borrowing rates, or they may not have adequate assets at disposal to provide as collateral. Gromor aims at providing them the impetus as they keep the wheels of the economy running.
The interest rate that is offered to our clients is determined by analysis of the data that is submitted to us. The interest rate range is usually between 18% to 24% per annum.
We do not offer loans to start ups. We define startups as businesses that are less than 12 months old.
We request you to please provide us with the following documents -
All additional information is helpful. It would help us immensely if you share the following with us additionally -
We use the Statutory Registration or Compliance to establish KYC and evaluate our prospects. IF you do not have any of them in place then we will not be able to work with you. We would request you to get them in place and then reapply.
Yes. If you have carried out all the business from one Savings Bank Account then please share atleast 12 month of Bank Generated Account Statements. We will use the same for our evaluation
At present we need minimum 12 months of operation for your current business. However, your prior experience will be considered favourable in evaluation.
We are available during business hours across many channels. You can connect with us via email/whatsapp/phone/web chat on our website.You can share documents via an email at info@gromor.in / whatsapp it to us at +91 88284 82009 or give us a call at +91 88284 82009 to coordinate the same.
This is ok. We request you to submit all the details for the person who is actually running the business.
NACH registered means that your bank account is enrolled for the National Automated Clearing House for automatic transactions.
You can register for NACH by filling out the registration form and providing your bank details.
NACH registration is required for enabling auto-debit and other automated transactions.
To amend a NACH mandate, you need to send an email to info@gromor.in with providing the updated details and any supporting documents required for the change, such as new bank account details along with cancelled cheque or revised payment amounts.
In case of withdrawal or stop a mandate the customer can approach the user institution to withdraw the mandate. The customer can also withdraw the mandate directly from the banker.
