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Terms & Conditions
  1. www.finnovo.in (owned by Finnovo Enterprises Pvt Ltd) is an online site that brings together businesses looking to borrow against their invoices and persons/Financial Institutions (FIs) willing to lend. By signing onto this platform, you agree that you are a legal person who is at least 21 years of age and is eligible to enter into a legal contract in India and has agreed to pay the fee and that you are accepting the terms and conditions of the website, which may be modified from time to time without prior notice to you.

  2. All the information regarding the invoices, Purchase Orders (PO) is given to Finnovo by companies through their authorized representatives and we make every attempt to ensure that the information is entered correctly. Finnovo also urges the users to validate the information before it enters into the website or given to Finnovo or its representatives for the correctness, currentness and comprehensiveness of the information. However, Finnovo requests lenders to validate the same in whichever way they want to & Finnovo cannot be held responsible and not liable for the inaccuracies or correctness of the data mentioned on its website. You also agree to indemnify Finnovo, its officers, management from all liabilities that may arise from your transactions on the website.

  3. The borrower has to bear the expenses incurred towards any kind of taxes that Govt. may impose from time to time, including, but not limited to, service tax, income tax etc. The borrower is strongly recommended that he/she/the company seek advice from their respective tax advisors or auditors regarding the tax structure for these kind of transactions.

    Finnovo will not share your personal information with anyone other than to those who wish to enter into a transaction with you or your business.

  4. If it was found that the Lender has entered into any kind of financial transaction including, but not limited to, invoice/receivable financing with any of the borrowers listed on the website without the knowledge of Finnovo, Finnovo wouldn't be responsible for any such transactions. Also, Finnovo may take a decision to bar both the borrowers and lenders from transacting on the Finnovo's website for a period of upto three years.

  5. The website may be unavailable for any purpose including for routine maintenance and Finnovo is not to be held responsible for any information lost during transmission of information over internet.

    Your use of this Site and any Term and Conditions stated in this policy is subject to laws of India and Courts of Hyderabad will have exclusive jurisdiction of dealing with all disputes arising from use of this site.

  6. The trademarks, logos and service marks ("Marks") displayed on the Site are the property of Finnovo Enterprises Private Limited and not to be used by anyone without the written consent of Finnovo.

  1. www.finnovo.in (owned by Finnovo Enterprises Pvt Ltd) is an online site that brings together businesses looking to borrow against their invoices and persons/Financial Institutions (FIs) willing to lend.

  2. By signing onto this platform, you agree that you are a legal person who is at least 21 years of age and is eligible to enter into a legal contract in India and has agreed to pay the fee and that you are accepting the terms and conditions of the website, which may be modified from time to time without prior notice to you.

  3. All the information regarding the invoices, Purchase Orders (PO) is given to Finnovo by companies through their authorized representatives and we make every attempt to ensure that the information is entered correctly. However, Finnovo requests lenders to validate the same in whichever way they want to & Finnovo cannot be held responsible and not liable for the inaccuracies or correctness of the data mentioned on its website. You also agree to indemnify Finnovo, its officers, management from all liabilities that may arise from your transactions on the website. Finnovo is not responsible for any defaults that may arise from any of the loans you have given based on the invoices on this platform. Finnovo is merely facilitating a connection between borrowers and lenders and would urge lenders to conduct their own diligence at their own cost, both from private and public sources of information, before lending the money.

    Finnovo will charge a transaction fee as agreed with you and there are no more charges. If anyone from Finnovo asks for any other charges, please do not pay them and inform the management immediately.

  4. Finnovo makes it clear that it doesn't provide any avenue for the secondary sale of the investment made by you. However, you can reassign such receivables to another party with concurrence of the borrower and making appropriate changes to the agreement/documentation.

  5. The Lender has to bear the expenses incurred towards any kind of taxes that Govt. may impose from time to time, including, but not limited to, service tax, income tax etc. The borrower is strongly recommended that he/she/the Company seek advice from their respective tax advisors or auditors regarding the tax structure for these kinds of transactions.

    If it was found that the Lender has entered into any kind of financial transaction including, but not limited to, invoice/receivable financing with any of the borrowers listed on the website without the knowledge of Finnovo, Finnovo wouldn't be responsible for any such transactions. Also, Finnovo may take a decision to bar both the borrowers and lenders from transacting on the Finnovo's website for a period of upto three years.

  6. The website may be unavailable for any purpose including for routine maintenance and Finnovo is not to be held responsible for any information lost during transmission of information over internet.

  7. Your use of this Site and any Term and Conditions stated in this policy is subject to laws of India and Courts of Hyderabad will have exclusive jurisdiction of dealing with all disputes arising from use of this site.

  8. Any costs arising out of legal issues are to be borne by you and you also agree to indemnify Finnovo from all such costs and liabilities.

  9. The trademarks, logos and service marks ("Marks") displayed on the Site are the property of Finnovo Enterprises Private Limited and not to be used by anyone without the written consent of Finnovo.