Let’s understand the Unsecured Business Loans Process through Mr. David’s case study.
David is a successful businessman. He started his company “David and Sons Private Ltd” in 2016. Since then he has expanded his business rapidly. The number of people he employs has almost doubled since when he started. It is close to 60 now. He deals with software development. David’s company has now become a reliable brand in the market and he sees a successful future ahead.
The turnover of his company is approximately Rs. 5 crores. His business has been growing for the last 3 years. This year his company received an order worth Rs. 1.5 crore from one international client. The order is approximately 30% of last year’s sales. And he has no plan to take any chance on this order. He has urgent requirements for funding. He has a great financial record, a good credit rating, an excellent financial history, and a promising cash flow forecast.
David requires a budget of Rs. 50 lakhs. Being a 1st-time entrepreneur, he has no fixed asset backup yet. So he does not have any assets or property to keep as collateral with the financial institution. Thus he approached Terkar Capital for a solution, as we provide Unsecured Funding for the IT Industry.
Business Commencement Year | 2016 |
Turn over | Rs. 5 crore |
Vintage | 4 Years |
Funding required | Rs. 50 lakhs |
Credit Score | Above 700 (As per CIBIL) |
Our executives analyzed David’s case. We executed an Unsecured business loan process for his business needs. This financial instrument will be a perfect fit as he can get the loan faster than other funding options and no collateral will be required. His company has good financial stability. So unsecured business loans will be the best option for his situation.
We at Terkar Capital, understand the requirements for David’s business. As per our process flow, our team of experts discussed with Mr David. We understood the whole requirement, took soft approval from the respective financial institutions, and started the execution of the process.
Amount Sanctioned | Rs. 65 Lacs |
Amount Disbursed | Rs. 5o Lacs (As required) |
Debt Tenure | 5 Years. |
Credit Score | Above 700 (As per CIBIL) |
Terkar Capital made unsecured business finance available to David with our expertise and experience in the financial field. The entire execution is within 2–3 business days without any hassle.
Terkar Capital is one of the leading Corporate Financial Advisory and Consulting firms in India. We have a team of highly trained executives who assist our clients at each step of the way to get unsecured business loan and other financing instruments. We make sure that the picture is clear on both ends and only then begin the procedure. At Terkar Capital, we maintain our relationship with the client even after the disbursement of the loan and help them with any issues that may arise.
Once you choose Terkar Capital, you don’t need to worry!!
Do reach out to us with any questions or doubts. To ensure that you get the best service, please contact us before visiting.
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