False committment : My Harrowing Experience with Finlenders

For months, I have been pursuing funding with unwavering dedication to realize my vision. Among the many hurdles, Finlenders stood out as a beacon of hope—until that hope turned into relentless harassment and disappointment.

Introduced by Lalit , I trusted the process and invested over 3,000 kilometers of travel, time, energy, and resources, believing that my extensive collateral—valued at two to three times the loan amount—would secure the funds I desperately needed. Yet, after countless hours of meetings, paperwork, and follow-ups, my application was rejected on flimsy grounds that could have easily been resolved over a simple phone call.

What is most disheartening is that the necessity of an in-person meeting seemed unnecessary and only added to my ordeal. These crucial points—valid concerns about documentation and project details—could have been discussed efficiently via phone or video call, sparing me the physical and emotional toll of unnecessary travel.

In the meeting Sachin Mishra and Aaryan Kumar assured me that they are lending a certain amount at 14% to 18% rate of interest and that they are sending the email soon. Once I returned back, they refused to process my application. 

This experience with Finlenders has not only delayed my project but also drained my spirit. It highlights a larger problem in the lending ecosystem where applicants are subjected to undue stress and inefficiency.

I share this story not just to voice my frustration but to shed light on the need for transparent, respectful, and efficient processes that honor the commitment of hardworking entrepreneurs.

There is no need for finlender to make me travel 3000 kms when they are so clueless about so many things - only call for in person meeting when you are reasonably sure of lending otherwise do not harass the promoters