Collateral-free Business Loans typically catering to short-term working capital gap when having constraint to provide any security.
Loan amount ranging from INR 10 Lakhs to 50 Lakhs.
Tenure from 1 year to 3 years.
Quick & easy processing.
ECS / SI / Auto debit facility of EMIs payment
ROI – 18 to 19%.
Nil foreclosure after lock-in period 6 months.
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Business Vintage of minimum 2-3 years.
Repayment capacity of 1.25x to EMI.
Minimum CIBIL score of 650 with regular Repayment track record of existing/past loans.
One of the Directors/Promoters should have their own house.
Additional Disbursal Essentials / Security:
Personal Guarantee of Promoters/Directors and other key executives.
Security Cheques equivalent to Loans amount from Entity as well as from guarantors.