Q: What is FlexiLoans?
A: FlexiLoans is a comprehensive platform offering various financing solutions for small businesses in India. Their services include unsecured business loans, term loans, lines of credit, and vendor financing.
Q: Who is eligible for FlexiLoans?
A: Typically, businesses with at least 6 months of operation, minimum monthly sales of ₹50,000, and GST registration are eligible for FlexiLoans. However, specific requirements may vary depending on the type of loan.
Q: What is FlexiLoans Refer and Earn?
A: FlexiLoans Refer and Earn is a program that allows you to refer your friends and earn up to ₹8000 per referral. By sharing your unique referral link, you and your friends can benefit from this rewarding scheme.
Q: How do I participate in FlexiLoans Refer and Earn?
A: To participate, click on the "Refer Now" button, enter your contact number, and receive a unique referral link. Share this link with your friends through various platforms, such as SMS, WhatsApp, Telegram, or any other convenient medium.
Q: What is the process for earning ₹8000 per referral with FlexiLoans?
A: The process involves four steps:
Step 1: Your friends apply for a loan using your referral link.
Step 2: Your friends complete their application, and you earn ₹1000.
Step 3: Your friend's application gets approved, and you receive an additional ₹2000.
Step 4: Your friend's loan application gets disbursed, and you earn another ₹5000.
Q: How can I share my unique referral link with friends for FlexiLoans Refer and Earn?
A: Share your unique link with friends and encourage them to create their loan application using it. This simple process can earn you ₹8000 per successful referral.
Q: What are the criteria for earning ₹8000 with FlexiLoans Refer and Earn?
A: For each referral, you earn ₹1000 when the application is completed, ₹2000 when it is approved, and ₹5000 when the loan is disbursed. Additionally, your friend should have an active GST registration.
Q: Is there any benefit for my friends in the FlexiLoans Refer and Earn program?
A: Absolutely! Your friends also benefit from the program. If their loan gets disbursed, they receive ₹1000. It's a win-win situation for both parties.
Q: How long does it take to receive the referral reward with FlexiLoans Refer and Earn?
A: Your reward money, up to ₹8000, will be transferred to your Paytm Wallet within 30 minutes once the entire referral process is successfully completed.
Q: Are there specific platforms where I can share my FlexiLoans referral link?
A: You can share your unique referral link on various platforms such as SMS, WhatsApp, Telegram, or any other platform that you and your friends are comfortable with.
Q: Can I refer more than one friend and earn multiple rewards with FlexiLoans Refer and Earn?
A: Yes, you can refer multiple friends, and for each successful referral, you can earn up to ₹8000 per friend.
Q: How do I track the status of my referrals in the FlexiLoans Refer and Earn program?
A: FlexiLoans provides a tracking system where you can monitor the status of your referrals, from application completion to loan disbursal, ensuring transparency and accountability in the process.
Q: What are the benefits of using FlexiLoans?
A: FlexiLoans provides quick loan approvals within 48 hours, flexible repayment options, no requirement for collateral, and a convenient online application process.
Q: What are the interest rates of FlexiLoans?
A: Interest rates for FlexiLoans vary based on the type of loan, loan amount, and borrower profile. For estimates, you can check FlexiLoans' website or contact them for a personalized quote.
Q: What are the fees associated with FlexiLoans?
A: FlexiLoans may have processing fees and late payment charges. Detailed information about FlexiLoans fees can be found on their website or in the loan agreement.
Q: How can I apply for FlexiLoans?
A: Applying for FlexiLoans is easy; you can submit your application online through FlexiLoans' website or app. The process is quick, requiring basic information about your business.
Q: What documents do I need to provide for FlexiLoans?
A: Typically, for FlexiLoans, you'll need bank statements, GST returns, and KYC documents. Specific document requirements may vary depending on the type of FlexiLoans.
Q: How long does it take to get approved for FlexiLoans?
A: Approval decisions for FlexiLoans are usually made within 48 hours after submitting your application and required documents.
Q: What if my application for FlexiLoans is declined?
A: If your application for FlexiLoans is declined, FlexiLoans will provide a reason for the decline, and you can reapply after addressing the issue.
Q: How can I access my loan funds with FlexiLoans?
A: Once approved, FlexiLoans disburses funds directly to your bank account for immediate use.
Q: How do I repay my FlexiLoans?
A: Repayment schedules for FlexiLoans are flexible, allowing you to choose from monthly, quarterly, or half-yearly installments. FlexiLoans offers both online and offline payment options.
Q: What happens if I miss a payment with FlexiLoans?
A: Late payment charges may apply to FlexiLoans. If you face difficulties making a payment, contact FlexiLoans to discuss potential solutions.
Q: Are there any customer support options available for FlexiLoans?
A: Yes, FlexiLoans provides customer support options via phone, email, or live chat on their website for assistance.
Q: Are there any security concerns with using FlexiLoans?
A: FlexiLoans prioritizes the security of your information, utilizing secure data encryption and adhering to industry standards.
Q: Where can I find more information about FlexiLoans?
A: For more information about FlexiLoans, visit their website at flexiloans.com or check FlexiLoans' social media pages for updates and additional resources.
