---
title: HGR Logistics - Indifi Customer Case Study
canonical: https://www.indifi.com/case-studies/hgr-logistics
markdown_version: https://www.indifi.com/case-studies/hgr-logistics.md
description: How HGR Logistics grew its logistics business with Indifi's collateral-free loan. Read the full case study.
content_type: case_study
operator: Indifi Technologies Pvt. Ltd.
lending_entity_note: Loans facilitated through RBI-registered NBFC partners and through Indifi Capital Private Limited (RBI Cert. No. B-14.03389)
last_updated: 2026-06-01
---


# Case Study: HGR Logistics

**Sector:** Logistics
**Loan type:** Business loan (collateral-free)
**Lender:** Indifi Technologies / Indifi Capital Pvt. Ltd.

## About HGR Logistics

HGR Logistics is a road freight and logistics company that used Indifi's business loan to expand its fleet and manage working capital during contract execution periods.

## Challenge

Like many logistics businesses, HGR Logistics faced a challenge common to the sector: large contracts required upfront expenditure on fuel, driver advances, and vehicle maintenance, but client payments arrived weeks later.

## Indifi's Solution

Indifi's logistics sector expertise meant the underwriting team understood HGR's cash flow patterns. A working capital loan was disbursed within 72 hours, enabling HGR to service the contract without disruption.

## Outcome

HGR Logistics expanded its operational capacity, onboarded new clients, and established a credit track record with Indifi for future borrowing.

## Key Takeaways

- Collateral-free loan enabled access without property pledge
- Sector-specialized underwriting matched the business's cash flow pattern
- Fast approval and disbursal (within 72 hours) made the solution timely
- Loan repaid through regular EMI deductions

## Related Products

- [Business Loan](https://www.indifi.com/business-loan)
- [Logistics](https://www.indifi.com/business-loan/logistics-business)
- [Transportation](https://www.indifi.com/business-loan/transportation-business)
- [All Case Studies](https://www.indifi.com/case-studies)

## About Indifi

Indifi Technologies Pvt. Ltd. is India's digital MSME lending platform. Indifi Capital Pvt. Ltd. (RBI Cert. No. B-14.03389) is its in-house NBFC. 100,000+ loans disbursed across 400+ cities.

**Registered office:** Plot-19, Ground Floor, Block C, Sewa Tower, Sector-18, Phase-4, Udyog Vihar, Gurugram, Haryana-122015, India

## Disclaimer

Loan approval is subject to eligibility assessment and Indifi's underwriting policies. Rates and fees are indicative and may vary.