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Unsecured Debt Products

Unsecured business loans are a popular choice for businesses in India. It addresses short-term financial needs as they advance. However, Lack of machinery, worker payments, pending bills, and buying new stock are just some of the short-term hassles that occur. So, to address these hassles, Terkar Capital facilitates unsecured debt funding products.

The unsecured business loans are accessible to businesses of various types and sizes in India. This type of financing often presents a challenge for small and medium-sized businesses that lack adequate financial resources and arrangements.

Key Features of Unsecured Debt Products

Eligibility to avail Unsecured Business Loans

The eligibility criteria for obtaining unsecured debt products are typically standardized across most financial lending institutions. These criteria are often influenced by the lending firms’ practices and industry norms.

A CIBIL score of over 720 is required in most cases.
The ages of the applicants must be between 25–55. Again, this does not apply to all financial institutions.
Depending on the lending institution, the lending requirement ranges from 40 to 50 lac INR.

Unsecured Debt Products

WE COVERED IN THESE AREAS

Unsecured Business Loan

This collateral-free loan is perfect for entrepreneurs looking for financial flexibility and ease, as it can help you address immediate challenges such as machinery acquisition, employee remuneration, outstanding invoices, and inventory restocking.

Unsecured Working Capital

As a business leader, you are aware of the importance of working capital for consistent growth and meeting market needs. Whether in manufacturing, services, or trading, adequate working capital is essential for success in the competitive modern environment.

Loan Under CGTMSE

The government-backed program aims to promote the growth of SMEs by both strengthening existing businesses and empowering new ventures. The CGTMSE scheme has significantly transformed the manufacturing sector and revitalized the Indian economy.

Trade Financing

Expand your business globally while addressing issues such as working capital, payment security, and credit terms. Our solutions include trade financing and expert financial risk management, ensuring a seamless international trade experience.

Bill Discounting

Bill discounting can help you get quick working capital to expand your business. You can submit your invoices to financial institutions with minimal paperwork, which will ensure quick payment. This will help you improve your cash flow and propel your company’s progress.

LC Discounting

Experience the convenience of Letter of Credit Discounting, an innovative credit solution tailored to meet your business’s working capital needs. With your reliable banking partner, take advantage of the flexibility and simplicity of LC Discounting.

Factoring Funding

Factoring involves a business selling its debtors to a factoring company, which then manages the debtors and provides funds to the company, offering working capital support without requiring collateral.

Bank Guarantee Facility

Documents Required to Apply for Unsecured Debt Products

Obtaining Unsecured Debt Products requires crucial documents. The loan’s success depends on the documentation, and the process length depends on document availability.

Aadhar card
PAN card
Driving license
Voter ID
Passport, etc.

Ration Card
Electricity Bill
Lease Agreement
Trade License
Passport
Tax Invoices, etc.

Bank Statements
CIBIL
Business Bank statements
Asset Counts, etc.

Unsecured Debt EMI Calculator

Principal Amount: The initial loan amount you borrow from the lender.
Rate of Interest: The % charged by the lender on the principal amount as interest.
Tenure: The duration or period in which you agree to repay the loan. It is in months.
Loan EMI: The fixed monthly instalment you need to pay, comprising both principal and interest components.
Total Interest Payable: The overall interest amount you will pay over the loan tenure.

Document

EMI Calculator

Loan EMI

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Total Interest Payable

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Total Amount (Principal + Interest)

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How do we Execute?

Here’s how we execute the assignment.

What sets us apart?

1. Fast Turnaround Time

We cordially track the deadlines and make our quality tangible, while executing finance projects well ahead of time.

2. Confidentiality

We comply with the highest professional confidentiality standards. All client information is discussed in strict confidentiality.

3. Competitive ROI

We find you the right lenders with similar terms and the lowest rate of interest.

4. Hassle-free Processing

We create a stable ownership structure for financiers by establishing a secure transaction process.

5. High Level of Integrity

We are building our reputation through reliability, integrity, and honesty. We connect to our clients on personal grounds that include transparency and liability.

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Debt Products We Facilitate

Feedback

What our clients think about us?

D Adwani

One of my friends referred me to Terkar Capital. This was a great find because they were able to attain the deficit cash flow complications. Thanks to the team!

M Jaiswal

Thank you, team for your hard work and expertise in your field. Because of your efforts, we were able to get the funding we needed without any collateral or hassle.

D Gaikwad

We received unsecured funding for our business in just 2 working days. Professional service and fast execution. Highly recommendate

A Hingmire

Excellent service with minimal documentation… Best place for working capital business..so the staff is very polite and helpful. Awesome experience of Terkar Capital! Recommended