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Top 10 Lending Companies in India Providing Loans for Small Businesses

    Are you looking for loans from online lending companies for your personal or small business needs? Find here in this article top most popular online lending platforms in India providing loans for your financial needs.

    Can’t get a loan from banks? Online lending companies help you fund your small business. These companies reflect a growing trend in India—an increase in the number of start-ups in the alternative lending category, aimed at individuals and small enterprises.

    Read: Best Business Loans for Small Scale Businesses

    Here we compile 10 top alternate lending companies providing loans to individuals and small businesses in India.

    List of 10 Lending Companies in India

    1. Capital Float

    The company provides collateral-free Working Capital loans from ₹3 lac – 1 crore for e-commerce merchants, manufacturers, and start-ups. Capital Float claims to disburse loans within 3 days if approved.

    Loan products:

    • Term Finance
    • Online Seller Finance
    • Pay Later Finance
    • Merchant Csh Advance
    • Supply Chain Advance
    • Taxi Finance

    2. Lendingkart

    Lendingkart Technologies Private Limited is a fin-tech startup in the working capital space.
    Aadri Infin Limited,  a non-deposit-taking NBFC, provides SME lending in India.

    Read: How to Get Business Loan under CGTMSE Scheme

    3. Innoviti

    Innoviti helps small businesses with cash flow by small value unsecured loans. They have disbursed about 13,000 loans in the last three 12 months.

    4. Rubique

    Actually, Rubique previously known as BestDealFinance was formed in October 2014. Rubique has raised Series A funding, led by Kalaari Capital with participation from YourNest Angel Fund, Globvestor & Dexter Angel Circle, in September 2015.

    5. Namaste Credit

    Namaste Credit is a marketplace connecting borrowers with lenders through an efficient and secure lending platform.

    Read: Mudra Bank Loan Detail – Basic Procedure


    Milaap is the largest crowdsourcing platform in India. Milaap helps you raise money, lend a little, or donate to the causes and projects you care about.

    7. LoanMeet

    LoanMeet is a marketplace that connects credible borrowers with the right lenders. The company provides business loans up to 60 lakhs.

    8. I-Lend

    I-Lend is an online peer-to-peer lending platform in India connecting individual borrowers and individual lenders.

    9. Faircent

    Faircent is a community loan exchange platform that offers P2P lending and personal loan at low-interest rates in India.

    10. Instakash

    Instakash provides working capital loans for your small business within 72 hours.

    Alternative lending platforms are very useful for small business startups. Most of the online alternative financing companies are either marketplaces for NBFCs or are NBFCs themselves. This exclusive list of companies providing alternative lending options will definitely help you in getting finance for your new venture. Best of luck.