3ES is proprietary fintech platform of Visolent India Private Limited - a Non-Banking Finance Company registered with the Reserve Bank of India. Its a platform designed to deliver speedy and efficient solutions to businesses, including Unsecured Working Capital Loans, Risk Mitigation Solutions and Exploring New Markets in India & Overseas.
Unsecured Working Capital Loans
Businesses or Business Owners can apply for a loan online without need for submitting documents at any stage. All required documents or information are fetched digitally from relevant sources based on User consent.
Loan applications go through a process of Assessment, KYC and Signing of Loan documentation, all digitally. Status of the loan application can be monitored online. Loans can be approved within 48 hours of initial registration of application, subject to Users going through all the require steps without any delay.
Once the loan is approved, Users can draw down the same by initiating transactions with Maker / Checker controls. Funds are credited to User's bank account as quickly as 15 minutes.
Monitoring of loan repayments, underlying interest & charges, etc. can be done on the mobile application.
Risk Mitigation Solutions
Businesses or Business Owners can avail of the following Risk Mitigation solutions:
Quick Decision Report (QDR)
QDRs enable businesses to do a due-diligence on its existing / prospective customers, dealers, distributors and also suppliers before taking any commercial decision. The reports provide detailed information on the business profile, financial analytics, background of Promoters / Directors and most importantly credit behavior of the target entity irrespective of its legal constitution.
QDRs are available in different variants for Users to choose from. Users can put through request for a QDR either on a pay-per-use or on subscription basis. Payment gateway enables payment for the reports through Credit Cards, Debit Cards, UPI and Internet Banking.
QDR can be available to Users within 2 to 24 hours of request.
Trade Credit Insurance
Businesses can protect itself from the risk of default by taking an insurance cover for the receivables from customers. On 3ES, Users can apply for Trade Credit Insurance cover from an insurance company that Visolent India Private Limited is formally associated with as a Coprorate Marketing Agent.
3ES will put together all relevant information (and data) required by the insurance company. This takes away the burden from the User of collating all the information from different sources as 3ES does so, based on consent from the User.
Exploring New markets
Businesses can scout for prospective customers in India and overseas markets by showcasing itself on 3ES. More details on this feature will be published upon launch.