Overview
A Working Capital Loan is a short-term credit facility utilized by companies to cover regular operational expenses, like wages, accounts payable, and inventory purchase, during lean periods.
Features & Specifications
- Short-term loan options from 12 to 24 months.
- Available as term loan or revolving overdraft.
- Quick credit appraisal.
Interest Rate
10.00% - 16.00% p.a.
Processing Fee
0.50% - 1.00% of loan amount
Eligibility Criteria
- Active business operations with stable revenue.
- Minimum business existence of 2 years.
- Positive working capital cycles.
Documents Required
- KYC of directors/partners.
- Last 2 years audited financial balance sheets.
- Last 12 months bank statements.
- GST returns.
Key Benefits of Applying via Loan Sahyog
- Bridge seasonal cash flow gaps.
- Keep business operations moving smoothly.
- Preserve long-term capital reserves.