LoanXpress.com

company

About

Online SME Loan Marketplace, Facilitator

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$7.80M
Industries
Advice,Finance,Financial Services,FinTech
Founded date
Jan 15, 2015
Number Of Employee
11 - 50
Operating Status
Active

LoanXpress.com is an online loan portal that assists SMEs in Business Loans and related services like CMA data, Project report, Company presentation, etc. It is an initiative by the Vermillion Group which provides fund-raising & advisory services.

Knowing what SMEs have to go through to get a Business Loan and wanting to change the scenario for the SMEs, LoanXpress.com was formed by a team of veterans in Debt & Equity markets.
Team LoanXpress firmly believes that the most significant hurdle a businessman faces while trying to raise funds is not knowing the next step and not knowing who is giving the right answers and who is trustworthy. There are a lot of professionals, agents & syndicators in the market who mislead the SME for their ease or benefit.

LoanXpress wishes to become that name that SMEs across India can rely on. Our mission is to support and collaborate with young, trend-setting companies in today’s fast paced market space, elevating them to a whole new level. We accomplish this by arranging the funds and term capital so that SMEs can focus on the core business leaving the stressful hassles on our experienced shoulders.

o Excellent understanding of a lifecycle of a company.
o Large product basket
o Customized solutions for all clients
o Focus on long term relationship with company rather than deal specific assignments
o Ability to match company’s requirement with tailor made solutions
o Consultative approach
o Improvised response time
o Consistently competitive pricing

With the thought of ushering the much needed change to the SME landscape by enabling the SMEs to raise capital with help of technology and transparent methods of syndicating and providing genuine advise to raise capital from banks, LoanXpress aspires to be a one-stop solution for the young and budding companies which need debt capital in the form of loans (secured and unsecured) and working capital finance.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$7.80M
LoanXpress.com has raised a total of $7.80M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2018 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 1, 2018 Seed $7.80M 1 TrustCapital Detail

Investors

Number of Lead Investors
Number of Investors
1
1
LoanXpress.com is funded by 1 investors. TrustCapital are the most recent investors.
Investor Name Lead Investor Funding Round
TrustCapital Yes Seed