4 Simple Steps

Reach out

Fill the application form and we will reach out to you. You can also call us directly

Get Verified

Our executive will visit you and the relevant documents will be collected for verification

Disbursement

Post verification, our financing partners will underwrite your company and extend a credit up to 1cr for a 90-days credit period per transaction

Order & Avail

Funds will be disbursed to your preferred supplier from whom, you can procure raw materials for your business against the disbursed amount

 

A Finance Backed Commerce Platform

Quality raw materials
At competitive prices & improved credit timelines

We at UNITED COMMERCE integrate technology with buying behavior of the SMEs to offer them better quality raw materials, at lower prices with higher credit timelines with extensive online & offline support

We offer a raw-material based over-draft facility against which you can procure raw materials at competitive prices from our extensive supplier network with a 90-day payment cycle at competitive interest rates

 

     

    Why United Commerce

    We offer a raw-material based credit line against which you can procure raw materials at competitive
    prices from our extensive supplier network with a 90-day payment cycle at competitive interest rates

    For Businesses
    • Access to vital working capital at fair and affordable rates
    • Enhanced bargaining ability
    • Top Quality raw-materials
    • On-time deliveries
    • Technology support that provides order placements, payments made, supply status,  supply tracking, receipt of supplies, inventory status and reconciliation
    For Suppliers
    • Timely & upfront payments
    • Increased order sizes
    • Bigger client base
    • PAN India market
    • Technology support that provides timely information/data from placement of order to receipt of payments and reconciliation

     

    FAQs

    General FAQs

    What is United Commerce?

    United Commerce is a B2B platform which provides collateral free raw-material financing for your business in the form of extending a credit line up to 1Cr against which you can procure raw materials at competitive prices with market interest rates with a 90 day credit period per transaction

    What is the eligibility criteria to avail the facility?

    United Commerce focuses on Small and Medium sized businesses with turnover between 5 and 250Cr and who are operational for at least 1 year

    How long does it take to apply and get onboarded?

    Once the relevant documents are submitted it will take anywhere between 24 to 72 hours for final disbursement

    What’s the interest rate on the credit line?

    Our interest rates vary from 16% to 18% per annum or 1.3% to 1.5% per month

    Do I need any collateral to apply for the credit line?

    No, our unsecured credit lines do not need any collaterals to be provided

    How does repayment work?

    Once the credit line is issued, you may procure raw materials for the amount issued. Interest will be charged only for the amount drawn (not sanctioned) and for the period such disbursed amount is outstanding.
    For example:
    – If 1Cr is issued, and if a transaction of 25 Lacs is made; interest is placed only on the 25 lacs and can be cleared any time before 90 days
    – If the entire 1Cr is used up, repayment will need to be made to free up the eligible amount

    Order Related FAQs

    How do I get prices for my requirement and place and order?

    You will be assigned credentials for our website login with the list of materials for your requirement, from which you may request price quotation. Alternatively, you will be assigned a support executive with whom you may place a request for quotations for specific materials over call or WhatsApp. We would get back with a quotation for your requirement within 24 hours

    On order placement, when will it get delivered?

    Once the price is fixed from a specific supplier, we will provide logistics support or you may choose to use your own logistics player. The time taken for delivery depends on your proximity to the select supplier

    Can I choose suppliers who are not a part of United Commerce network?

    Yes, if you have a preferred supplier apart from those on our network, we will onboard such a supplier within 72 hours

    How do I ensure quality of materials placed?

    We have in place stringent Quality Assurance Checks for all our suppliers from whom; the quality of raw materials will be verified prior to dispatch