Products
NRI Payments
Personal Credit Facilities
Non-Resident Indians (NRIs) who regularly remit funds to their families in India may be eligible to access personal credit facilities to meet short-term liquidity and consumption requirements. These facilities are delivered in partnership with fintech platforms offering remittance services to India through web and mobile applications, with Western Fintrade acting as the lending partnerthrough its embedded
fintech infrastructure.
Eligibility
-
Verified NRI status supported by compliant KYC documentation
-
Demonstrated and consistent history of remittances to India
-
Satisfactory creditworthiness and transaction behaviour as assessed through partner platforms and internal underwriting
Interest Rate
-
Typically 16% – 24% per annum, subject to credit assessment, tenure, and borrower risk profile
Export Payments
Receivable-Backed Business Financing
Platforms authorised under the Reserve Bank of India (RBI) Payment Aggregator – Cross Border (PA-CB) and/or Online Payment Gateway Service Provider (OPGSP) framework partner with Western Fintrade to provide receivables-backed financing for cross-border export payment flows. Financing is underwritten based on historical payment performance and verified outstanding receivable invoices.
Eligibility
-
Participation through RBI-authorised PA-CB and/or OPGSP platforms
-
Verified merchant transaction history, payment volumes, and settlement track record
-
Legally valid, enforceable, and documented outstanding receivables
Interest Rate
-
Typically 18% – 24% per annum (or equivalent discounting yield), depending on receivable quality, tenor, counterparty profile, and transaction risk
Payment Service Provider
Overdraft for Real-Time Settlement
Entities approved by the Reserve Bank of India (RBI) as Payment Gateways and/or registered as Technology Service Providers (TSPs) with the Financial Intelligence Unit – India (FIU-IND) may access overdraft facilities from Western Fintrade. These facilities enable real-time (T+0) settlement for merchants and users, thereby reducing conventional settlement cycles of T+1 or T+2 and improving liquidity efficiency across payment ecosystems.
Eligibility
-
RBI-approved Payment Gateway and/or FIU-registered TSP status
-
Established merchant base with demonstrable transaction and settlement history
-
Compliance with applicable underwriting, collateral, risk management, and regulatory requirements
Interest Rate
-
Typically 24% – 36% per annum (or structured overdraft pricing), based on utilisation levels, settlement cycle dynamics, and assessed credit risk
SME Financing
Invoice Discounting
Western Fintrade provides invoice discounting facilities to small and medium enterprises (SMEs) to unlock working capital against approved and verifiable trade receivables. Financing is structured as short-tenor funding secured against invoices issued to creditworthy counterparties, enabling businesses to accelerate cash flows, optimise working capital cycles, and support ongoing operational requirements.
Eligibility
-
Registered SME with valid statutory, tax, and regulatory registrations
-
Verified commercial invoices raised on creditworthy and identifiable buyers
-
Demonstrated operating history, turnover profile, and repayment capacity
-
Compliance with internal underwriting standards, documentation requirements, and risk assessment criteria
Indicative Interest / Discounting Range
-
Typically 24% – 36% per annum equivalent discounting yield, depending on buyer creditworthiness, invoice tenor, transaction structure, and overall risk profile