Vistaar’s offering has been increasing in both ticket size and tenor. Today Vistaar has four different products, which cover an entire spectrum of capital requirements for our customers.
The purpose of this loan is to serve small businesses, self-employed segment like traders(all kinds of shops), manufacturers (small manufacturing industries, mills) & services (hotel industry, lathe machine, garages) that have immediate requirement of capital to better their operational, working capital capacities.
The purpose of this loan is to serve the larger ticket size Medium Enterprise businesses and ensure the flow of credit to better their operational, working capital capacities.
The purpose of the loan is to serve the MSME segment to live their dream of having their own new house or shop or renovate the existing ones.
60 Months to 84 months, based on loan amountEnd Use:
Working capital requirements, Asset purchase, Investment, Business expansion, Debt Consolidation.Apply For Loan
120 monthsEnd Use:
Working capital requirements, Asset purchase, Investment, Business expansion, Debt Consolidation, Home shop Renovation or improvement.Apply For Loan
84 months to 180 months, based on loan amountEnd Use:
Construction, Renovation, Purchase of Residential & Commercial Property.Apply For Loan
Very early in the process of credit disbursement,Vistaar recognized the need for a unique methodology for their different customer segments. The company worked on serving customers using sustainable differentiation created through linkages.
Vistaar studies the customer’s enterprise in depth and draws out the assessment peculiarities of that trade. The income, ability, intention, business sustainability and credit behaviour are verified through non-traditional income documents and reference checks as well as from traditional income documents and various kinds of credit bureau checks. The data base of references is maintained trade wise and is updated regularly. The trades are continuously monitored and studied and the changes are incorporated in the credit assessment accordingly. The credit assessment gets additional strength from the collateral which is taken for all the facilities for moral suasion.
In-depth study of a sector to determine unique credit methodology
Income assessment through non-traditional documents
Continuous refinement of product and credit methodology