At Xtracap India, we take special care to give you a positive business growth
experience all throughout the way. Please feel free to go through these commonly
asked questions, but if you don’t find what you’re looking for, don’t hesitate to
drop us a mail to info@xtracapindia.com.
We’ll be happy to clarify any query you may have.
What is Bridge2Capital?
Bridge2Capital is a simple and easy to use mobile technology platform which provides on-demand short term working capital to retailers by funding their invoices from GST registered supplier. Our mobile application can be installed using PlayStore and the applicant can start the registration process.
What are the types of loans I can apply for?
We only provide you with working capital to buy inventory for your shop. You are allotted a credit limit that you can use to purchase inventory for your business from a GST registered supplier. Once you have the invoice from your supplier, send it over to us and we will pay the invoice amount directly to the supplier.
Will I get cash or any payment directly into my bank account against the credit limit?
No, we make payment to GST registered suppliers only and that also strictly against material purchased. We do not provide any advance either to the shopkeeper or the supplier.
What is the minimum credit limit I can avail?
At Bridge2Capital we provide a credit limit which ranges from ₹50,000 (fifty thousand) to ₹5,00,000 (five lakhs).
How much credit limit will I get?
We offer credit to small businesses based on their daily Bank flows and GST turnover. Your credit limit will depend on your business turnover and your ability to service weekly/fortnightly repayments.