Introduction to Working Capital Cycle Management You being the business owner. your power of execution can be seen in how many working capital cycles you can make it happen. The higher the number of working capital cycles, the higher the churning, the lower the indirect cost (fixed cost may remain proportionate) and the lower the cost higher the margin levels. You being the owner, hence, you need to push all the stakeholders in one direction where you can move the working capital cycle faster and better. Accelerate Your Business Growth with Efficient Working Capital Management Generally, the working capital cycle varies from industry to industry. The working capital cycle for the manufacturing and service industry may be around 30-90 days and for the trading industry, it may be for around a day only. So shorter the working capital, the better the churning of the funds and the better the churning, the higher the margin in the business. Nowadays getting work orders may be easy but delivery on time is tough and may get tougher every day. And one of the many reasons for it is the working capital arrangement. Most of the time, instead of using your bank credit facility, your customer wants to use your credit facility with the bank. So keeping a close eye on working capital is one of the important parts of financial management. Learn Effective Management of Working Capital Cycle from the Insights, here. Factors Impacting Your Working Capital 1) Convenient and clear Payment Terms You should have a very clear understanding of the payment terms with your customer. Because you’re also a customer for your suppliers. In a scenario, where you misunderstood your payment terms with your customer, it will not only impact your working capital cycle but also impact your supplier’s working capital cycle. Your debtors will pay you late, so you may pay late to your suppliers. 2) Understand Your working capital supporters Let’s say you have a working capital limit of Rs. 5 cr from your banker and the available facility is getting exhausted with your existing work orders, then you should be very careful while taking the new orders. There are multiple ways to deal with this scenario. First, you can ask your existing customers if they can pay you early. If yes, you can use these funds to procure the material for a new order. Second, you can check with your existing bankers, if they can enhance your working capital limit (this may be time taking part). Third, check with your creditors, if they can allow an extra credit period. Fourth, You can also explore if you can get some advance (proportionate to your raw material purchase) for a new order and the remaining can be paid on a milestone basis. 3) Long-term association with all stakeholders This is a very important aspect. Choose all the stakeholders wisely and stay with them for a long time. Including your raw material suppliers to your daily utility supplier. Over the period these suppliers/stakeholders know you and your business well. And once they get confidence in you (as a promoter) and your business, these stakeholders stand by your side in tough times.  While raising the funds, we have seen many businesses rebuild their business only because their stakeholders supported them in the tough times. 4) Delivery Time India has two major reasons to compete with China – faster delivery time and economies of scale. Due to these two factors, Indian manufacturers cannot sell cheaply. In most cases, the credit period starts after the delivery of the products. So faster delivery will help you reduce your working capital. You can also understand that – due to better road quality, there has been a significant increase in the last-mile delivery of products. This will be applicable only for manufacturing and trading 5) Short on Debtors and Long on Creditors – We’re not suggesting you squeeze your creditors, but you can always check if you can get an extended credit period from your suppliers. and faster payment from your creditors. 6) Timely Payment Keeping your word is always important. This should always be your moral obligation. You can ask your borrowers for an extension, but ensure the payment is not delayed by a day. This helps you gain the confidence of a “person of words”. This helps in developing and maintaining smooth relationships with all your suppliers. Apply for Working Capital Finance at ease, Here. Conclusion Effectively managing working capital is crucial for maintaining a healthy cash flow, optimizing margins, and ensuring the smooth operation of your business. By understanding key factors such as payment terms, stakeholder relationships, and timely deliveries, you can navigate the complexities of the working capital cycle management and position your business for sustained success. At Terkar Capital, we specialize in helping businesses facilitate working capital solutions tailored to unique needs. Our expertise and customized approach ensure that you have the financial support necessary to thrive in today’s competitive market. So, Let Terkar Capital work with you to achieve optimal working capital cycle management and propel your business growth.

Machinery Loans Without Security Achieving business growth is a common aspiration, but purchasing the necessary machinery to support that growth can be financially challenging. Conventional loans often demand collateral, which puts your business assets at risk. However, an innovative solution exists which is machinery loans without security.  This financing option caters to businesses like yours, providing access to the machinery needed for expansion without collateral. Understanding Machinery Loans Without Security Unlike secured loans, Machinery Loans Without Security depend on your business’s financial strength, not your assets. This eliminates the risk associated with collateral. Consequently, you can obtain the necessary machinery while safeguarding your existing property. Learn how Machinery Loans help in Business Growth. The Power of Machinery Loans without Security for Businesses Unsecured machinery loans are a versatile financing solution that benefits businesses of all sizes and types. By opting for an unsecured machinery loan, businesses can acquire the equipment they need without having to put up existing assets as collateral.  This streamlined approach not only preserves the company’s asset base but also results in a faster approval process, enabling businesses to seize growth opportunities promptly. Additionally, unsecured machinery loans offer greater flexibility, allowing businesses to invest in a wider range of machinery and secure financing for future endeavours. Key Reasons to Consider Machinery Loans Without Security The advantages of unsecured machinery loans are undeniable: No Collateral Risk Turnaround time is about 3-4 days. Flexible Financing Preserved Assets Tenure varies from 3 to 5 years. Improved Cash Flow How Machinery Loan Refinancing Can Fuel Business Growth? Eligibility and Requirements While unsecured loans offer greater flexibility, lenders still have eligibility criteria. Here’s what you can expect: Should be above 21 years of age Business vintage of 3 years or more A healthy track record and positive financials are crucial. A good CIBIL Above 720 (Check a free CIBIL & Report here) Machinery Loans without Security at Terkar Capital At Terkar Capital, we understand the importance of efficient financing for business growth. We specialize in facilitating access to various debt instruments, including Machinery Loans Without Security. Our focus is on evaluating your business potential and creditworthiness to streamline the approval process. We are committed to helping you acquire the necessary machinery to achieve your growth objectives. Conclusion Machinery Loans Without Security present a compelling pathway for businesses to expand without the burden of collateral. As a result of offering flexibility and a potentially faster funding process, these loans empower you to invest in your future. Therefore, make an informed decision by assessing your needs and comparing offers. With the right financing, you can achieve sustainable business success. In conclusion, explore the possibilities that Machinery Loans Without Security can unlock for your business.

Refinancing Machines In today’s competitive landscape, staying ahead requires constant innovation and efficiency. For many businesses, particularly those reliant on machinery, this often translates to acquiring the latest equipment. Machinery loans offer a powerful tool to achieve this. However, a potentially overlooked opportunity exists which is Refinancing Machines. Leverage Your Existing Machines Refinancing machinery is a financial strategy that allows businesses to leverage their existing equipment to improve their cash flow and business operations. It can be defined in two perspectives. One, where there is no loan on the machine – in this case, the machine itself will stand as the collateral and the funding can be arranged against it. The second one – is in a condition where the machine is mortgaged with any other financial institution with unfavourable terms or low exposure. In this case, the funding can be arranged by taking over the loan from the existing lender and adding extra exposure. Here the loan-to-value ratio may vary. This can translate to lower interest rates, extended repayment schedules, or even securing additional funds for unexpected upgrades. Learn how Machinery Loans help in Business Growth. Benefits of Refinancing Machines: 1. Reduced Costs Introducing the new lender by taking over the existing machine will always help in term of reducing the cost. Cost in terms of interest rate, some bullet payments, increased tenure etc. 2. Lower interest rates Lower interest rates free up significant capital that can be redirected towards growth initiatives like marketing, hiring, or expanding your product line. 3. Improved Cash Flow Management: Generally, the tenure of a machine loan will be around 36 to 60 months. However, wherever we replace the existing lender, we can get an extension in the repayment tenure. So higher the tenure, the lower the cash outflow. And lower the cash flow for EMI (interest + Principal ), the higher the support to working capital.  4. Unlocking Additional Capital: In some cases, refinancing can allow you to access additional funds for minor upgrades or maintenance on your existing machinery, maximizing its lifespan and productivity. 5. Enhanced Financial Flexibility: Whenever the promoters of the company /firm take up the new machine, the machine will have its own capacity to absorb the raw material. So when there is new/additional machinery you always should have the additional working capital. Then only the machine can be used at its capacity. Mortgaging the machine and getting the funds against it will always help to maintain a good financial position. Boost Financial Health with Refinancing Machines For manufacturers and industrial businesses, machinery is a fundamental asset for production. However, financing this equipment can create long-term debt obligations. Machinery refinancing offers a strategic approach to managing this debt and unlocking potential financial benefits. Imagine a scenario where a company secures a machinery loan at a specific interest rate. Over time, market conditions may change, leading to lower prevailing interest rates. Refinancing allows the company to replace their existing loan with a new one from a different lender, ideally offering a lower interest rate and potentially more favourable terms. This can significantly impact a company’s financial health. Before You Refinance: 1. Loan Terms: Carefully analyse the new loan’s interest rate, repayment schedule, and any potential fees. Ensure the long-term benefits outweigh the short-term costs of refinancing. 2. Market Rates: Shop around and compare offers from multiple lenders to secure the most competitive rates. 3. Prepayment Penalties: Some existing loans may have prepayment penalties. Factor this into your calculations to determine if refinancing is truly advantageous. Banks and lenders check your CIBIL score before sanctioning your loan. Conclusion: By strategically leveraging machine refinancing, businesses can unlock the hidden potential within their existing equipment. The additional capital and improved cash flow can fuel growth initiatives, enhance efficiency, and ultimately propel your business forward.  We provide invaluable guidance throughout the refinancing process. So, don’t let your existing machinery loan hold you back. Explore machinery loan and refinancing options with Terkar Capital and unleash the full growth potential of your equipment!

Machinery Loans for Business Growth Machinery loans are specifically designed to help companies finance the purchase of new machinery or equipment, making it easier to stay competitive in today’s market. This targeted financing option, known as Machinery Loans for Business Growth, can be a powerful tool to elevate your business. In this blog post, we will discuss the benefits of machinery loans, eligibility requirements, the necessary documents you’ll need to apply, and the process of securing a machinery loan. So, Let’s dive in and explore how Machinery Loans can equip your business for growth. Benefits of Opting for a Machinery Loan Obtaining machinery through a loan offers numerous advantages to facilitate a business’s growth trajectory. Here are a few of them: Significantly boost a company’s growth It allows businesses to stay technologically competitive by acquiring the latest equipment without compromising working capital. Machinery loans often come with competitive interest rates and flexible repayment terms, ensuring financial stability and predictable cash flow. Leveraging a machinery loan can enhance productivity, efficiency, and profitability in operations. Here’s a guide to avail of machinery loans without security. Eligibility Criteria of a Machinery Loan for Business Growth To apply for a machinery loan successfully, there are certain eligibility criteria that you need to meet.  The business entity must be registered, and it can take the form of a company, partnership firm, or sole proprietorship. At least three years of continuous business A strong credit history with a consistent financial performance. To secure the loan, the business provides collateral, such as property, equipment, or inventory. Required Documents to Apply for a Machinery Loan To ensure a successful machinery loan application, provide essential documents supporting your financing request. Financial Documents (Last three years’ complete financials, including Saral Page, COI, Balance sheet, Profit and Loss account, Financial Notes, etc) Owner KYC Firm KYC  Proposed machinery Quotation Proposed machine cash flow other relevant legal documents related to the machinery being financed The Process of Applying for and Securing a Machinery Loan in India To secure a machinery loan for business growth successfully, follow these steps: Ensure that you meet the eligibility criteria by reviewing it thoroughly. Assess your creditworthiness by evaluating your financial situation. Gather the necessary supporting documentation, such as financial statements and business plans. Contact Terkar Capital Machinery Loan to discuss your borrowing options and receive guidance. Create a detailed plan for using loan proceeds Submit a loan application along with the required documents to Terkar Capital. Undergo a credit assessment and financial analysis to determine your eligibility for the loan. Provide additional information or documentation as requested by Terkar Capital to facilitate the loan approval process. Access the credit facility once it has been approved and disbursed. Deploy the loan funds to procure the necessary machinery and execute your business growth plans strategically Why choose a Machinery Loan for your business needs? While exploring Machinery Loans for Business Growth, machinery loans provide many advantages. Opting for a machinery loan allows you to acquire the necessary equipment without compromising your working capital. This dedicated financing helps in balancing cash flow and optimizing operational efficiency. Additionally, machinery loans often come with competitive interest rates and flexible repayment terms, making it a cost-effective solution for acquiring crucial equipment. Get Regular Updates Of Your CIBIL Score At a conclusion Investing in machinery through Machinery Loans is a strategic move for businesses to achieve growth and efficiency. It offers competitive interest rates and flexible repayment terms, making it an attractive option for businesses seeking expansion. This allows businesses to procure essential equipment without draining their daily operational cash flow. Understanding the eligibility criteria and preparing the necessary documentation are crucial steps for securing a Machinery Loan for Business Growth.

Business Growth with Unsecured Working Capital Loans For businesses aiming to expand, readily available working capital is essential. Unexpected costs, seasonal dips, or strategic moves can strain your finances and limit opportunities. Therefore, Unsecured Working Capital Loans for businesses offer a vital solution, providing the necessary financial support to manage short-term needs without requiring collateral. Furthermore, working capital is the core of your business operations – the difference between your liquid assets and immediate liabilities. Strong working capital ensures smooth daily operations, enables growth investments, and helps navigate unforeseen challenges. The Advantage of Unsecured Working Capital Loans Unsecured Working Capital Loans for businesses provide a key benefit: they don’t require you to pledge assets as security. This offers several advantages: It leads to a much faster turnaround time. For your business, various debt options can be tailored to your needs and requirements. Improve turnover ratio and current obligations by optimising working capital finance requirement Flexible repayment terms of 3 to 5 years based on the borrower’s creditworthiness. You will be charged only for the amount you used. There is no fixed obligation like a Term Loan. What are the documents required to apply for unsecured working capital? The specific documents required for an unsecured working capital loan can vary depending on the lender, but there are some general requirements that most lenders will ask for. Here’s a breakdown of the typical documents you might need to submit: Identity Documents Aadhar card PAN card Driving license  Voter ID Passport, etc. Address Proofs Ration Card Electricity Bill Lease Agreement Trade License Passport Tax Invoices, etc. Financial Documents  Bank Statements CIBIL Business Bank statements Asset Counts, etc. Unsecured Working Capital Solutions at Terkar Capital At Terkar Capital, we understand the diverse financial needs of businesses. We offer tailored Unsecured Working Capital Loans for businesses designed to meet your specific requirements. Our experienced team works closely with you to understand your financial situation and recommend the optimal loan structure at competitive interest rates. Learn more about working capital here. In conclusion: Unsecured Working Capital Loans for business are a powerful tool for companies seeking growth. Their flexibility, efficient application process, and versatile use of funds empower businesses to pursue opportunities, foster innovation, and achieve their full potential. By leveraging Unsecured Working Capital Loans for business, you can confidently navigate challenges and build a foundation for sustained success.

MSME Loans for New Business The Micro, Small and Medium Enterprises (MSME) sector is a key driver of economic growth in India. So, financing with MSME loans for new business helps a country grow. MSME loans, for that matter, are a financial instrument designed to meet the needs of existing or new businesses classified as MSMEs. Hence, these loans can be used as a source of working capital, expansion, technology adoption, and more.  We will provide here an overview of the secured/unsecured financing options, including the eligibility requirements, and the application process. Advantages of MSME loans MSME loans are available to businesses of all types and sizes, making it easy for entrepreneurs and new businesses to get the funding they need. It offers high loan amounts and flexible repayment terms, and they have competitive interest rates (ROI). Msme loans for new business without collateral Getting an MSME loan without collateral can be challenging, However, there are options available that cater to the specific needs of startups and small businesses. Here are some insights for obtaining an MSME loan for a new business without collateral: Government Schemes: The government offers specific schemes and programs to support MSMEs, including loans without collateral. CGTMSE is one such government-backed scheme tailored to meet specific requirements of MSMEs. Hence, we explore various government initiatives designed to promote entrepreneurship and small business development. Credit Guarantee Funds: Some financial institutions provide collateral-free loans to MSMEs with the support of credit guarantee funds. These funds act as a guarantee for the loan in the absence of collateral, making it less risky for lenders. Start-Up Loans: Financial institutions and government agencies often have special loan programs for startups with good financial ratios. These loans may not require collateral, but they may have specific eligibility criteria such as the startup vintage, the nature of the business and others. Learn the advantages of Collateral-Based Funding for Businesses of all Sizes Non-Banking Financial Companies (NBFCs): NBFCs are more flexible than traditional banks and may be willing to provide unsecured loans to MSMEs. However, interest rates might be higher compared to secured loans. Microfinance Institutions: Microfinance institutions specialise in providing financial services to small businesses and entrepreneurs, often without the need for collateral. They focus on supporting the growth of micro-enterprises. For businesses with collateral Securing MSME loans with collateral has its challenges. However, it provides a valuable avenue for obtaining the financial support needed to get your business off the ground. So, one effective strategy is to consider pledging collateral when applying for these loans.  By offering property or equipment as security, businesses not only enhance their chances of loan approval but also stand to benefit from more favourable interest rates. This approach is a wise and sensible way to secure funding, aiding your business growth. So, Terkar Capital stands out as a reliable firm to explore MSME loans with collateral, ensuring a seamless and supportive path to business growth. Discover tailored secured debt products for your business Eligibility Requirements To be eligible for an MSME loans, you must meet the following requirements: Citizen of India at least 3 years of business continuity. Healthy credit history when opting for unsecured funding Or sufficient collateral when secured funding These are typically offered for terms of 1 to 5 years. The interest rate on an MSME loan will vary depending on the lender and the creditworthiness of the borrower. Application Process Here is Terkar Capital’s process to avail MSME loan Understanding the client’s requirement Financial SWOT analysis Documentation Soft approval from a financial institution Actual submission of documents Disbursement Funding as required Conclusion MSME loans can be a great way to finance your business growth. So, at Terkar Capital We make sure that, by following the necessary steps, you can increase your chances of being approved for an MSME loan and getting the funds you need to scale or grow your business. Learn more about the credit guarantee scheme (CGTMSE) here.

Financing Medical Equipment In today’s rapidly changing healthcare industry, staying ahead of the competition often requires significant financing for cutting-edge medical equipment. For hospitals looking to expand their services and improve patient care, it is essential to have access to the right financial resources. So, Terkar Capital provides tailored financing solutions to healthcare organizations to help them obtain the medical equipment financing they need. Eligibility Criteria It is important to understand the eligibility criteria before the application process. We offer financing solutions for medical equipment to a wide range of healthcare providers, including hospitals, clinics, diagnostic centres, and medical professionals. So, to be eligible for medical equipment financing, healthcare institutions must demonstrate a stable financial history, a viable business plan, and the ability to repay the loan. Our financial experts work closely with healthcare professionals to ensure a smooth eligibility assessment process. Get up to 15 cr doctors funding for clinical setup with ROI as low as 10.5% PA. Benefits of Medical Equipment Finance Obtaining medical equipment financing from Terkar Capital can provide you with a variety of advantages.  One of the main benefits is that you can preserve your capital. Instead of depleting your reserves to purchase expensive medical equipment outright, you can keep your funds for other essential aspects of your healthcare business, such as hiring skilled personnel or expanding your facility. Furthermore –  We offer competitive interest rates Flexible repayment terms Equipping healthcare ventures with state-of-the-art equipment helps to foster growth and innovation within the industry. To learn more about professional loans for doctors, please click here. Process of Financing Medical Equipment Terkar Capital’s application process is designed to be hassle-free and efficient. The process starts with a consultation with our experienced financial expert, who does the financial SWOT analysis to assess your needs and financial situation. Once your eligibility is confirmed, the team helps you choose the most appropriate financing options that meet your requirements. Terkar Capital streamlines the documentation process by guiding you through the paperwork and ensuring all necessary documents are in order. Our team works diligently to expedite the approval process so that you will promptly get the loan against the medical equipment you need. Check your CIBIL for Free here. Conclusion Terkar Capital finances medical equipment, catalyzing business growth and innovation in the healthcare industry. By understanding the eligibility criteria, embracing the benefits, and following the streamlined application process, healthcare ventures can unlock new opportunities, enhance patient care, and drive their businesses to new heights.  Contact Terkar Capital today and take the first step towards a brighter, more prosperous future for your healthcare industry.

Loans for Medical Professionals (Doctors) In a country like India with billions of people, the value of a doctor or other medical professional is off the charts. The demand for medical services is essential, but unfortunately, financial constraints often limit their practice expansion and prevent them from meeting the healthcare needs of the vast majority of people. At Terkar Capital, we strive to bridge this gap by providing Loans for Medical Professionals / Doctors to fulfil their noble mission. We will ensure that funding is not a problem in meeting the needs for practice expansion, increasing bed capacity, purchasing medical equipment, hiring staff, financing new setups etc. We do not want a lack of resources to prevent you from achieving your dreams. Financial Instruments for Doctors Some of the best-fit financial instruments applicable to medical professionals are those that can help them achieve their financial goals. These may include: 1. Unsecured Funding This does not require any form of security or collateral. Instead, the lender relies on the borrower’s creditworthiness. So, as a result, having a good credit score is essential for getting approved for an unsecured loan. 2. Equipment Finance Medical professionals need expensive equipment to start a practice or hospital. So, medical equipment loans can help finance such equipment. 3. Working Capital (Secured or Unsecured) A working capital loan is used to finance a company’s day-to-day operations, such as paying employees and suppliers. Many businesses do not have consistent sales or revenue throughout the year, so they may need to borrow funding to keep operating smoothly. 4. Project Finance It is financing for long-term projects like hospitals and infrastructure. So, medical professionals can use it to fund new construction or expansion. Features of Terkar Capital’s Financial Assistance: No-collateral loans are specifically designed for medical professionals Quick approval and disbursement process Custom funding for medical professionals Repayment schedule that suits your financial situation. Expert guidance to help you navigate through the plethora of financial products Documents required for Doctors Loan KYC documents of Firm/Company: GST Certificate, Udyam Certificate, PAN Card, Rent agreement/Electricity bill, Shop Act (applicable only in Maharashtra) KYC documents of Proprietor/Partner/Director: PAN Card, Aadhar Card, Passport size photo, Rent agreement/Electricity bill (as ownership proof) Financials/Income documents: Last 2-year financials: IT Return (Saral Page), COI, Balance Sheet, P&L statement, Financial notes, Form 26 AS for the last 2 years Statement of recent bank account activity for the past 6 months. Qualification documents: Degree certificate, Certificate of practice (MCI/IMA approved) Eligibility for Doctors Loan Must be a licensed physician. 4 years of work experience after graduation is required. Physiotherapists need 5 years of experience after graduation. Must be between 25 to 65 age group The minimum annual income of 1 lakh INR and Two years of profitability required at the application How to get Loans for Medical Professionals? Terkar Capital can provide financing solutions to medical professionals. So, you don’t have to go through the hassle of applying to multiple banks and NBFCs. Terkar Capital will take care of everything from submitting your application to the financial institution to disbursing the funds. Our expert team will handle everything for you. Thus, all you need to do is provide us with primary and master’s documents. Conclusion We help with professional loans in India, particularly loans for medical professionals, and provide financing options to help them overcome financial constraints and expand their practices. It covers various financial instruments such as unsecured debt funding, working capital loans, equipment finance, and project finance that are suitable for doctors. FAQs What is the rate of interest? The interest rate starts from 10.5% Is a CIBIL score important to avail doctor loan? Yes, while determining how much money to distribute, banks and NBFCs take into account your CIBIL score and repayment history. Get Free CIBIL score & Report. How long will it take for the loan to be approved and disbursed? Loan approval and disbursement time varies. However, we assist you with quick loan approval and disbursal within 24 hours of application clearance. What are the reasons that may lead to the rejection of your application? Even if you fulfil all the requirements, your application can be rejected as – Poor CIBIL score Discrepancy in the application High debt-to-income ratio Multiple loan rejections How much should the CIBIL score be required to avail of a loan for doctors? A CIBIL score of 700 or above is considered good to avail of a loan for doctors.

Professional Funding for Practice Growth Professional funding is a type of loan specifically tailored for professionals, such as chartered accountants, company secretaries and doctors. This financial product is designed to support the growth and expansion of their practices by providing the necessary funds for scaling operations, upgrading infrastructure, or meeting other professional requirements. Why Professional Funding Matter? Professionals often face unique challenges when it comes to growing their practices. Whether it’s hiring skilled personnel, upgrading office spaces, or investing in advanced equipment, financial flexibility is key. Professional loans are crafted to address these specific needs, ensuring professionals can focus on their expertise while having access to capital when required. A Real Life Example of How a Professional Funding Can Help? Purvi has been a practising chartered accountant for over five years. Her dedication and expertise have earned her a growing client base, with more clients seeking her services due to her strong reputation and reliable practice. To manage this growth, Purvi decided to expand her office and hire additional personnel to meet her clients’ needs efficiently. Purvi applied for a professional Funding designed specifically for her profession. The Funding provided her with the financial means to open a larger office, hire skilled staff, and purchase advanced software to streamline operations. This investment not only helped Purvi meet her clients’ expectations but also positioned her practice for sustainable growth. Key Benefits of Professional Financing 1. Attractive Interest Rates Professional Funding is often offered at competitive interest rates, which means you can borrow maximum funding at a lower interest rate. This makes them a more affordable option for consumers than other unsecured loans. If you have a credit score of 720 or higher, you can easily qualify for a loan with favourable terms. 2. Loan Amount They might range in size from 25 lakhs to 2 cr and beyond. Your qualifications, Year of practice, Financials and professional profile will determine this.  3. Easy approval and basic documentation Applying for professional financing is a straightforward process that requires less documentation. Instant disbursement ensures that you have the funds you need when you require them the most. 4. Application Process You can apply for professional Funding online without having to visit a bank. Almost all financial institutions now allow you to submit an online loan application. However, you can connect with executives at Terkar Capital who can help you simplify your efforts to secure the necessary funding. 5. Get funds without any collateral Professionals can apply for funding without having to provide any collateral.  6. Flexible repayment plan It is popular because of its flexible credit terms. Following your comfort level and ability to repay, you can budget and select the duration. The repayment period may be anything from 12 to 96 months. How to Apply for a Professional Funding? The requirement of immediate funds is crucial for any business or profession to thrive, however, availing funds for your business is a complex and time-consuming process. Hence, Terkar Capital and our team of experts can be a great help to you. We understand that you need assistance to reach your financial goals, and we offer no-collateral funding to professionals from banks and NBFCs. Our financial instruments are designed to be flexible and cost-effective. Additionally, our professional financing offers a variety of attractive benefits, such as quick disbursement, a flexible repayment schedule, and no foreclosure fees. Terkar Capital Professional Funding for Practice Growth We are investment bankers who offer tailor-made financing for professionals and take a client-centred approach. We provide fast turnaround time and collaborate with all major debt players in the Indian economy. At Terkar Capital, we specialize in finding the financial instruments that work best for professionals or businesses of all sizes. Lenders check your CIBIL score before approving your loan. Conclusion Professional funding is a great option for professionals who look for growth, buy equipment, or expand their practice. They are availed with competitive interest rates, substantial loan amounts, easy processes, collateral-free funding, and flexible repayment options. Hence, Terkar Capital is a reliable resource for professionals seeking tailor-made financing solutions.

Professional Loans for Doctors Professional loans can be the perfect solution for doctors like you. These loans are specifically designed to help medical professionals finance their professional needs, from purchasing new equipment to funding practice expansions. This blog post will discuss professional loans for doctors in detail. We’ll explore everything you need to know about securing the funding you need to achieve your financial goals. Being a doctor is a noble profession in society. They are known to be safe and reliable as they meet their financial commitments. So, financial institutions come up with more schemes and offer them the lowest ROI. Let’s get started! Reasons to Take a Professional Loans for doctors: Here are some reasons why doctors take out professional loans For lab set-up  Increase bed capacity Buying clinical equipment Hiring staff Renovating clinics Upgradation or expansion of health care services Procuring healthcare equipment Adapting the latest medical technologies Financial Instruments for Doctors Financial instruments for doctors include various options such as medical equipment finance, physician loans for practice acquisition, healthcare real estate, and tailored financial solutions. These instruments help doctors manage their finances efficiently, acquire essential medical assets, expand their practices, and build a diversified investment portfolio for long-term financial stability. Here are some of the best-fit financial instruments for doctors: Unsecured Funding Working Capital (Secured / Unsecured) Equipment Finance Project Finance Rental Discounting Debt Syndication Documents for Doctors Professional Loan Professional Loans for Doctors are collateral-free loans that can be availed with minimal required documents. Here are the basic documents required to apply for a doctor’s loan: Financial Documents – Last 6 Months Bank Statements and ITR  Professional Qualification Proof – Degree Certificate Address Proof –  Electricity bill / Rent Agreement KYC Documents  – Aadhar Card, Pan Card If there is a clinic then ITR, Computation of Income And Last 2 years’ Audited Financial statements are required  Professional Loans for Doctors Eligibility The eligibility criteria for a doctor’s loan may vary from institution to institution. However, some general criteria that may be considered include: Indian nationality Good credit score Medical degree certificate Minimum of 1 year of experience Proof of ownership of property Age between 25 and 65 years In addition to these general criteria, some institutions may also require applicants to have a certain level of income or to be a member of a particular professional organization. So, it is important to check the eligibility criteria of the institution you are applying to. How to get loans for doctors? To get a doctor’s loan, you are just a call away. You may reach out to Terkar Capital directly to apply for a doctor’s loan. There are only a few steps to follow, As below: At first glance, we will learn about your requirement  Accordingly, ask for the required documents  After receiving all the required documents we will be discussing with the financial institution to raise the funds  We will connect you on Google Meet to explain all the possible outcomes and after that with your permission will start the process of fundraising Within one week we will complete the process and disburse the amount Why Terkar Capital for doctors’ loans? At Terkar Capital, we understand the incredible contribution doctors make to our nation’s health and well-being. That’s why we’re dedicated to ensuring finances don’t become a barrier to your important work. Unlike traditional business loans, we offer specialized financing options for doctors, with flexible terms and competitive rates, regardless of collateral availability. Get a free CIBIL score and a report here.