A working capital loan is a specialized loan type that is granted to businesses and designed to meet everyday financial needs of running a business. Unsecured working capital loans are designed for healthy businesses with steady revenue that need access to finance fast. Business looking for:

• Manageable, flexible and simple finance
• Short-term unsecured business loans
• Working capital to smooth cash flow gaps
• Alternative debt or equity over bank finance
• No security, no financials, low doc loans

Unsecured OD

Collateral free working capital loan for an entity in the form of an Overdraft

• Limits permissible - Rs. 1 lakh to Rs. 50 lakhs.
• Tenure - 12 months renewable.
• Attractive interest rates. Pay interest only on amount utilised
• Less documentation, fast processing.
• No collateral required.

Pay Later Program

Pay Later Program, supports working capital requirements of an applicant by offering an accelerated payment option for suppliers, thereby ensuring immediate products / supplies availability at applicant’s end. Only Traders and Manufacturers are eligible for this Product.

• Limits permissible - Rs. 1 lakh to Rs. 25 lakhs.
• Tenure – 30-90 days , Payable in single bullet repayment.
• Attractive interest rates. Pay interest only on amount utilized
• Enabling you to avail of cash discount from the supplier for upfront payment
• Less documentation, fast processing.
• No collateral required.

Bill / Invoice Discounting

Providing loans against invoices issued to your buyers.

• Limits permissible - Rs. 1 lakh to Rs. 25 lakhs.
• Tenure – 30-90 days , Payable in single bullet repayment.
• Attractive interest rates. Pay interest only on amount utilized
• Enabling you to meet expenses with regard to your growing orders in the pipeline
• Enabling you to improve cash flows, aiding shorter working capital cycles
• Less documentation, fast processing.
• No collateral required.