Working Capital Loan for the Medical Devices Company

The medical devices industry is dynamic, with constant technological advancements and growing demand. Hence, access to sufficient working capital is crucial for managing day-to-day operations, expanding product lines, and maintaining a competitive edge. Thus, a working capital loan can provide the financial flexibility your medical devices company needs.

Medical Devices Company Financing Solutions at Terkar Capital

Working Capital Loan Advantages

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Secured working capital up to 50 Cr

interest rate

Competitive Interest Rates

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Increases cash flow and sales

Simple paperwork

Quick processing with minimal documentation

flexible repayment

Flexible Loan repayment (up to 60 Months)

(*T&C Applied)

Working Capital Loan Advantages

Working capital loans offer numerous benefits to medical devices companies, ensuring seamless business operations and growth. Key advantages include:

  1. Cover operational expenses such as salaries, rent, and utilities.
  2. Maintain a steady supply of raw materials and finished goods.
  3. Fund geographical expansion and product diversification.
  4. Invest in advanced medical technology.
  5. Manage cash flow during off-peak seasons or demand fluctuations.
  6. Ensure timely payments to suppliers for better credit terms.
  7. Smoothen cash flow gaps and maintain financial stability.

Let’s Schedule a Call to Arrange Funding for your Medical Devices Company!

Working Capital Loan Eligibility for the Medical Devices Industry

Medical device companies meeting the following criteria are generally eligible for working capital loans:

  1. Minimum operational history of 2-3 years.
  2. Positive cash flow and profitability.
  3. Yearly revenue, is typically verified through bank statements.
  4. A good business credit score to ensure loan approval.
  5. Proper licensing and certifications within the medical devices sector.
  6. Depending on the loan type, collateral may or may not be required.

Working Capital Loan Documents

To apply for a working capital loan, you typically need to submit the following documents:

  1. Business registration documents
  2. KYC documents of promoters and directors
  3. Latest audited financial statements
  4. Bank statements for the last 6-12 months
  5. GST returns and income tax filings
  6. Details of existing loans (if any)
  7. Collateral documents (if applicable)

Working Capital Loan for the Medical Devices Industry at Terkar Capital

We understand the unique financial needs of medical device companies. Our customized working capital loan solutions ensure quick disbursal, minimal documentation, and competitive interest rates. Our expert team provides end-to-end assistance, from application to fund disbursement, ensuring your financial goals are easily met.

Download our Company Profile to Get Brief Insights About Us!

Working Capital Loan FAQs for the Medical Devices Company

It depends on the loan type. Unsecured loans do not require collateral, while secured loans might.

Loan tenure usually ranges from 6 months to 5 years, depending on your financial needs.

At Terkar Capital, we ensure quick processing and fund disbursal within a few working days.

Yes, if your financial standing supports it, you can apply for additional loans.

Analyze your cash flow gaps, operational expenses, and future growth plans to estimate the amount.

Financing the Medical Devices 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

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

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Terkar Capital

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© Terkar Capital 2024

CIN – U70200PN2023PTC224016

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