NeoGrowth is a Non-Banking Financial Company (NBFC) registered with RBI that offers business loans for micro and small enterprises. The primary focus of NeoGrowth is to finance small business owners who use digital payment platforms for their daily business transactions. The NBFC has partnered with more than 13000 business merchants by offering business loans at attractive interest rates.
NeoGrowth majorly offers business loans for retailers with Electronic Data Capture (EDC) / Point of Sale (POS) machines and also for Online Sellers. They offer loans to merchants using debit or credit card swipe machines and for sellers who have their own e-commerce store.