Our Services Include
Working capital Loan (OD/CC) is essential part of any business which is help to run any business. Almost all business either big or small required fund according to business cycle and which can be vary in time to time. In any point business need more fund and in another point the requirement can be less so working capital loan provide flexible option to use the fund, basically bank or financial institution set a limit to business up-to which they utilise the fund and if later on if they do not required the fund they can return the fund accordingly limit are change under pre fixed cap so you have to give interest only utilised amount and period of utilisation.
PAN Card /Aadhar Card
Income Tax Return from last 2 year, Balance sheet and P&L
working capital loan is type of funding which is helpful to finance the working capital gap and day-to-day business operations requirement. Basically expenses such as purchase of goods, rent, salaries and wages, office expenses and other overhead etc. need regular fund to run business so working capital loan provide solution for that. A working capital loan cannot to be used for capital expenditure as its object is to fulfil only regular capital requirement to running the business.
Working capital loan can avail by manufacturing, trading and services provider and they can be sole proprietorship firm, partnership firm, private limited company or public limited company.
Rate of interest determined based on assessment of business profile, past performance, banking, security offer, promoter experience etc.