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Pay suppliers’
bills Later
bills Later
with Penenza interest-free Buy-Now-Pay-Later platform
Buy now whatever you need and Penenza will pay to your supplier
The supplier receives the entire amount immediately
Pay off Penenza for up to 6 months in equal parts
0% interest rate per annum and no commissions (when purchasing from Penenza partners)
Buy in installments or deferrals
Increase working capital
Don't pay interest
Increase working capital
Don't pay interest
Interest-free capital from Penenza
for your purchases
for your purchases
Free financing without interest, commissions and hidden fees
up to 1 Crore
up to 6 months
0% per annum
maximum installment period
Payment limit for any number of deals
You can pay later for up to 60 days or divide the payment into equal parts and pay within 6 months
Eligibility criteria:
min 12 months
of business vintage
min 10 lakh
rupees monthly sales
GSTIN
is mandatory
No bad debts
according to Credit Reporting Agencies data
Buy Now Pay Later (BNPL)- how it works
The buyer sends a supplier's invoice to Penenza to get deferred payment or installment plan
Penenza pays the supplier
The buyer pays Penenza according to the payment schedule
Penenza compensates the interest on the loan provided to the buyer
Benefits for your business
1 Crore
No collateral
Credit limit
Online
up to 6 months
interest-free
Increase in working capital
Ease of obtaining
An additional wallet you can take money from when you need it
It takes 1 day to activate a the limit, it takes 30 sec to get money
Comfortable payment terms for bills
Penenza’s partner suppliers will pay interest on your loan
BNPL-platform Penenza.
You need it if you:
You need it if you:
buy goods and services from sole proprietors and legal entities
want to get up to 1 Crore at 0% interest per annum (is it possible to be against it?)
want to increase working capital
want to pay bills comfortably without diverting your own funds
How do Buy Now Pay Later
help the buyers?
help the buyers?
”It was necessary to buy goods for sale before the high season started. We didn't have a lot of free funds - there was a risk of missing the start of high sales. As a result, with an installment plan from Penenza, we managed to buy everything we were going to, and make good profit in the season”
I'm buying for the high season
School supplies store
”Working capital is the basis of wholesale trade. With Penenza, we have increased our working capital by 25% in just 1 day. This allowed us to start working with large buyers who pay with a delay”
I’m increasing working capital by 25%
Wholesale supplier of household chemicals
”We used to borrow money from NBFCs, at a high interest rate. It turned out that the suppliers of materials are ready to compensate the interest rates for us through Penenza, if we would buy from them. Now we use the funds for free. And the suppliers are happy, they understand that we are with them for a long time”
I don't pay interest on loans
Construction company
”In order to purchase and install new equipment, we used to save money for several months. Lost time is a lost profit. With the help of installments from Penenza, we no longer need to wait. We have installed a new production line and will pay for it within 6 months. The new line is already generating revenue”
Food Supplier
I expanded the production with 1/7 of the required money
”Our component suppliers always require prepayment. Buyers of end products, on the contrary, pay after delivery. Our production cycle is long, sometimes we faced cash gaps. With the help of Penenza, we now purchase components in installments, it has become much easier to manage liquidity. There are no cash gaps now”
I'm getting rid of cash gaps
Manufacturer of vending machines
From whom can I buy in installments?
From any supplier from India. If the supplier is signed up to Penenza, the installment plan will be interest-free and the suppliers will compensate the interest for the buyers. Why do suppliers need this? So that you buy from them!
If your favorite supplier is not connected yet, let us know and we will help them sign up.
Why is the BNPL-installment plan more useful than a bank loan?
Growing limits
No collateral
One-time approval
The credit limit automatically increases for those who pay without delay
Banks often require collateral, which is not mandatory for installments
Sign up to the platform once and use the installment plan or deferrals as much as you like
You will need to provide
- Promoter’s PAN Card,
- Promoter’s Aadhaar Card
- Address Proof of Business
- Promoter’s passport size photo
- Business registration proof
Promoter KYC docs:
Business KYB docs:
- Company Incorporation Certificate (COI)
- Memorandum of Association (MOA)
Additional documents for public/private limited companies:
- List of Directors and Shareholding pattern
- Articles of Association (AOA)
- Company PAN card
- Bank statement for the last 12 months
Business health proof:
Sign up withPenenza! It's easy!
Work with Penenza not only as a buyer, but also as a supplier
Many of our clients-buyers are also interested in increasing their sales. Our clients- suppliers increase their average check by 40% and secure 20% more deals. Why not work with us to boost your sales?
Interest-free installments by Penenza business is a new product of our fintech team.
We have extensive experience in creating MSME financing infrastructure - we have developed one of the largest crowdlanding platforms in Russia.
Over time more than 15,000 companies received loans
worth $0.5 billion.
Over time more than 15,000 companies received loans
worth $0.5 billion.
Our previous project was a b2b marketplace ОТС.гu , which is used by more than 400,000 MSME and the volume of transactions exceeds $5 billion annually.
Dmitrii Pangin
Penenza founder
Frequently Asked Questions
If you did not find the answer to your question here, please contact our manager for assistance by emailing info@penenza.com
We work officially and transparently by clarifying all client details in the Terms&Conditions document service agreement.
Penenza ensures the security and privacy of your transaction data in full compliance with the RBI guidelines on digital lending and upholds the best industry standards
Your supplier must be a sole trader or legal entity.
Credit limit is calculated individually for each client, the approval of the limit takes no more than 1 working day based on the provided statement on your bank account.
Credit limit is calculated individually for each client, the approval of the limit takes no more than 1 working day based on the provided statement on your bank account.
Only suppliers signed up with Penenza’ can offer you this option. If your supplier is not yet signed up, you can you can use the platform to send them an invitation. Our manager will contact them and help them join. After the suppliers sign up to Penenza, you could start using interest-free options
If your supplier is signed up with Penenza they will send you a payment link, QR-code, or provide you an option to pay using Penenza on their website. Also, you can buy now and pay later to any Indian supplier even if it is not signed up with Penenza yet. In that case you need to submit supplier's bill in the Penenza platform and this bill will be paid if it doesn't exceed your limit.
You can use your limit to purchase any products and services from Indian suppliers.
You are a bank or an NBFC?
Large banks, NBFCs and more than 13000 private investors are already investing in installment and deferrals for small businesses on Penenza around the world.
Lend with Penenza with low risks and good yield