Unsecured Working Capital for EV Company

The electric vehicle (EV) industry is booming, but businesses often face financial challenges when managing daily operations. From purchasing raw materials to covering operational expenses, having sufficient working capital is essential. An unsecured working capital loan ensures your EV business runs smoothly without needing to pledge any assets as collateral.

Electric Vehicle Financing

Key Features of Unsecured Working Capital

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Funding amounts from Rs 25 Lacs to Rs 15 Cr

flexible repayment

Fast Turnaround time (as low as 3-4 days)

Corporate client

Professional Execution

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Smooth Processing

requirements

Simple terms and less paperwork

(*T&C Applied)

Unsecured Working Capital Advantages for EV Company

An unsecured working capital loan provides financial flexibility, allowing your EV business to focus on innovation and growth. Here’s why it’s a smart choice:

  1. get funding without risking your valuable assets.
  2. Faster approvals and disbursements to meet urgent needs.
  3. Tailored to your business cash flow.
  4. Invest in technology, marketing, and expansion without financial strain.
  5. Helps both new and existing EV businesses stay competitive.
  6. Use a loan for any operational expense without limitations.

Let’s Schedule a Call to Arrange Funding for your Electric Vehicle Company!

EV Company Unsecured Working Capital Eligibility

Qualifying for an unsecured working capital loan is simple. If you meet these basic requirements, you can apply:

  1. Your EV company must be a legally registered entity.
  2. A minimum of 2-3 years in business is preferred but not mandatory.
  3. Demonstrate a consistent cash flow
  4. A strong financial history improves approval chances.
  5. Applicable to proprietorships, partnerships, LLPs, and private limited companies.
  6. Basic KYC, business financials, and income proof are sufficient.

UWC Documents for EV Company

To ensure a hassle-free loan process, keep these documents ready:

  1. KYC documents
  2. Business Documents
  3. Bank statements 
  4. Income tax returns (ITR)
  5. Financial statements 

The financial institution may ask for additional documents while processing your application

UWC for EV Company at Terkar Capital

At Terkar Capital, we understand the unique financial needs of EV businesses. Our unsecured working capital loan is designed to provide you with the right financial support, ensuring your business stays on track without liquidity challenges. Whether you’re a startup scaling up or an established EV manufacturer managing growing demands, we offer tailored financial solutions with expert guidance and competitive terms.

Download our Company Profile to Get Brief Insights About Us!

Unsecured Working Capital FAQs for EV Company

Yes, you can use the loan for any business-related expense, including purchasing components.

No, the loan can be used for any working capital requirement of your EV business.

Yes, based on repayment history and business growth, top-up loans are available.

No, this is an unsecured loan, meaning no collateral is required.

Financing the EV Companies in

Pune / PCMC  |  Mumbai  |  Hyderabad  |  Delhi  |  Bengaluru  |  Chennai  |  Kolkata

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Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

Growing Nationwide…

Terkar Capital

In Association with:

MSME Global Mart | MCCIA

© Terkar Capital 2024

CIN – U70200PN2023PTC224016

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