The Business Loan is an unsecured amount that can be availed as loan. The minimum range of loan is 5 lakhs and the maximum amount of loan is 30 lakhs.
• Private Limited Company
• Public Limited Company
• Sole Proprietorship Firm
• Partnership Firm
The interest rate for is based on the assessment of the business profile, financial records of the company, the past track record of the company as well as the tenure of the loan.
There are flexible collateral options that are available through us for availing Working Capital Finance. We accept Residential/Commercial /Industrial Property as well as liquid securities as a form of collateral.
Yes, a proper standard credit check is carried out by our law firm partner.
It generally takes upto 4-5 working days to get the working capital finance loan approved after checking and verifying the documents.
The repayment of the loan can easily be done through EMI(Equated Monthly Instalment), standing back transactions as well as through cheques.
The fees for the same as per the industry standards and vary from industry to industry.
Generally, the tenure can be extended for a period of around 1 year depending upon the amount which is taken as working capital finance.
The overdraft facility is actually taken against the debt or stocks and is actually a limit to be charged as the sanctioned limit.
The maximum amount can be Rs 25,00,00, 000 and minimum can be Rs 3,00,000