Pricing FAQ
What are the interest rates? +
Interest rates on FINOCRED are market-driven through competitive bidding. Typical factoring rates range from 10-18% per annum depending on invoice quality, tenure, buyer creditworthiness, and market conditions. The transparent bidding system ensures you get the best available rate.
Are there any platform fees? +
FINOCRED charges a small platform fee based on your subscription plan: Starter (2%), Professional (1.5%), Enterprise (1%). This fee is charged on successfully completed transactions only. There are no hidden charges.
What is the minimum and maximum investment amount? +
For investors, the minimum bid amount is ₹1,00,000 and there is no upper cap. You can diversify your investments across multiple factoring units to manage risk. The platform provides risk scores and buyer ratings to help you make informed decisions.
How are returns calculated for investors? +
Returns are calculated based on the discount rate you bid. For example, if you invest ₹10,00,000 at 15% for 90 days, your return would be approximately ₹36,986. FINOCRED provides a built-in calculator to help you estimate returns before placing a bid.