Working capital financing includes receivable finance, invoice discounting, inventory/warehouse receipt financing. Short and medium term loans for capex, business expansion. Promoter / holding company finance.Read More
Deep understanding of the challenges and requirements of MSME clients and especially growth stage start ups. Ability to find funding solutions for businesses with challenges in banking track record or profitability.Read More
⦁ Online application ⦁ Track your application ⦁ Quick and hassle free sanction ⦁ No hidden documentation ⦁ Easy customer interface and navigation ⦁ No Hidden ChargesRead More
After the application is uploaded, our portal carries out a detailed analysis and generates a credit score of the borrowerRead More
Smeniwas.com, an IIT Bombay incubated company is a Micro Small and Medium Enterprises (MSME) focused, online lending platform. We enable debt funding for our MSME clients through our own NBFC (Bifco Leasing and Finance Private Limited) as well as our partner banks and NBFCs.
“In 2017, in its first year of operation Eupheus Learning, a startup bootstrapped by 45 ex-Britannica employees, was looking for working capital financing. Getting working capital financing in the very first year can be challenging for any startup in India. However, Saurabh and team SMENiwas were quick to see the potential of the business that we were growing for classroom and home learning. SMENiwas’ venture debt support at the opportune time helped us complete the year successfully with a revenue in excess of USD 3.4 Mn, and thereafter secure equity financing. SMENiwas continued their support with another round of funding through their NBFC in 2019. This continued support will be remembered as a cornerstone for Eupheus”
Managing Director & Co-Founder
"We were pleasantly surprised since the day we started the debt process with BIFCO. Saurabh and his team came with rich functional experience that made the whole process seamless. Their management engaged regularly with our teams and ensured full support during the funding process. Their competitive pricing and speed of execution has been instrumental in us meeting our project costs and deadlines successfully. Wishing them success in all their future endeavours!"
Managing Director & Founder
Thea Kitchen Pvt Ltd (Biryani Blues)