Canopi offers a marketplace for wide range of early payment solutions to help your Dealers, Distributors and Vendors by offering financing solutions from Multiple Lenders at best interest rates in the market

We are present in the following sectors

  • Logistics
  • Flooring & Textiles
  • Manufacturing
  • Pharmaceuticals
  • Shared mobility
  • FMCG distributors

Fetch by Canopi (Digital onboarding service)

  • Easy digital document collection from loan applicants/insurance applicants/employees/customers/partners for onboarding (Ride sharing and delivery apps etc).
  • Manage all users in a single dashboard.
  • Integrate with APIs for easy KYC process.
  • Re-initiate process to collect updated documents.
  • Download all applicant details in one go.
  • View live status of application process.
  • Option to enable document collection through whatsapp chat bot.
  • Customise screen for users.
  • Customise form fields, welcome email and custom domain.

Canopi LOS (Loan origination system) and B2B financing marketplace

  • Seamless onboarding with straight through process for fetching GST, ITR, Bank statements, CIR and other financial data.
  • Lending Partner dashboard where they can manage loan products and view applicants.
  • BRE integration for lending partners with Bank statement analysis, Income tax returns analysis, Credit Information report analysis, and GST analysis for business loan applications.
  • Users can view and apply for eligible products without uploading documents multiple times for each application.
  • Agents can add users to the platform and Lending partners will be notified of referring agents in application form. Agents can view status of loan applications of users added by them.

Credit Underwriting

  • BRE integration for lending partners with Bank statement analysis, Income tax returns analysis, Credit Information report analysis, and GST analysis for business loan applications.
  • Support for multiple file types.
  • Azure AD integration for easy role management.

APIs by Canopi

  • Financial Report generation (Bank statement analysis, GST report, ITR report, CIR report).
  • Credit score.
  • Face match and liveness check.
  • PAN verification.
  • PAN and Aadhaar Validation.

Benefits

Reduce Working Capital Cycles

Reduced working capital requirements because of early payment option.

Avoid Currency Fluctuations

Avoid risk of currency fluctuations because of availing Export Finance of upto 85% of the Shipment Value.

Non- recourse Based Factoring for MSME Exporters

Canopi’s Lending Partners take the full risk of non-payment from the Buyers through non-recourse factoring.

No hidden charges

No hidden charges would be applied.

Collateral Free

No collateral is required

No upfront Charges

Exporter is charged from the proceeds when Buyer makes payment.

WANT TO LEARN MORE?

FAQ

You can register with Canopi by providing your email address, contact number & business registration details here. Registration is completely free with no obligations. You will receive a password at your registered email address.

Your proof of identity (Aadhar Card/Drivers License/Voters Id/Passport), PAN card details, IT Returns for the last 3 years, Audited Balance Sheet for the last 3 years, GST Registration Certificate, Bank Statement & GSTR3-B for the current financial year. Depending on the Loan Amount, certain additional documentation may be required.

The interest rate will be between 14-18% depending on your business. We also charge a annual processing fee of up to 2% of the facility amount.

Depending on the product and your business requirements, you can avail upto INR 5 Crores.

When you submit your invoice, the due date and the schedule or charges are mentioned in the loan document. The repayment mode is setup at the time of sanction, electronically via NACH mandate.