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Avail Unsecured Working Capital at Ease!

Grow your business without financial constraints. Our unsecured working capital provides the funds you need.

  • No Collateral Required
  • Quick Approval
  • Flexible Terms

Up to 15 Cr

From 14 Pa*

Tenure upto 60 Months

Unsecured Working Capital Loan

Unsecured Working Capital Loan is a powerful instrument for businesses in need of funds. It is easy to apply for and does not require collateral. It is perhaps the most convenient type of loan to apply for, requiring minimal or no upfront money, and eliminating the necessity to pledge any collateral.

A working capital loan is a pivotal component of a business. Be it small/medium or large scale, that is striving to succeed. However, sometimes procuring a debt is difficult without pledging an asset or collateral. That’s where an unsecured working capital loan comes to your rescue – a powerful tool to support your business growth without the need for collateral.

Key Features of Unsecured Working Capital Loans

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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 Loans Eligibility

  • The age of the owner/shareholder must be between 21 and 65 years old.
  • Business Vintage – 3 years of business existence required. (Criteria may vary per institution).
  • Credit score, stability, and repayment history are significant factors.
  • There should be no previous loan defaults with any financial institution.
  • This facility can be arranged for all financial institutions except HUF.

Documents Required to Apply for Unsecured Working Capital Loans

Here are some of the necessary documents that are essential for obtaining this unsecured working capital loan:

Owner KYC Documents

  • Adhar Card (complete page)
  • Pan Card
  • Latest Electricity Bill
  • Current Rent Agreement
  • Passport Size Photo
Id document

Business KYC Documents (as applicable)

  • GST Certificate
  • MOA, AOA, Pan Card,
  • Shop act / Trade License
  • Certificate of incorporation
  • Shareholding Pattern
  • Partnership Deed
  • Current electricity bill and
  • Rent Agreement
address document

Banking Documents

  • All account Bank statements (For the last 12 months)
  • All current loan sanction letters
financial document

Financial Documents

  • Last 2 years’ complete Financials
  • GST Returns (for last 12 months)

Advantages of Unsecured Working Capital Loan

  • Collateral is not required, which leads to a much faster turnaround time.
  • Multiple debt instruments can be explored, specific to your business.
  • Improve turnover ratio and current obligations by optimizing 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. No fixed obligation like a Term Loan.

Unlocking Working Capital Loan without Collateral

Conventionally, all debt instruments require collateral. Most of the time, the collateral is available to the manufacturing industry. But how the service and trading industry can justify their working capital requirement? Because the service and trading industry creates the intellectual properties of fixed assets, like the manufacturing industry.

We at Terkar Capital understand the promoter’s requirement for working capital and the financial institutions’ requirement for collateral. And so is the reason we have to find out the middle way where we can arrange the working capital loan without collateral. Here’s the Purpose why you should opt for an Unsecured Working Capital Loan:

  • Take advantage of a large order or market opportunity
  • Pay salaries and wages
  • Pay vendors and suppliers
  • Purchase business consumables
  • Stabilize a company’s cash flow

Why choose an Unsecured Working Capital Loan?

Cash is considered the blood of business. The more cash that flows through the business, the healthier it is. However, cash is in working capital, which is the money that a business needs to operate on a day-to-day basis.

Cash flow is the prime requirement of every business. The reason is very simple, to justify the growing demand in the market. Be it any industry – manufacturing, service, or trading, all industries require working capital. The bankers provide an unsecured working capital facility, which primarily includes: OD Facility, Dropline OD, Cash Credit, BG facility, etc.

Learn the Strategies to Master Working Capital Management for Business Success.

Apply for Unsecured Working Capital Loan at Terkar Capital

Terkar Capital is a leading financial firm in India that specializes in facilitating efficient and expeditious unsecured working capital loans. Our firm is committed to offering cutting-edge business financing solutions. When it comes to securing working capital for your expanding company, Terkar Capital is the ultimate go-to source. We understand the challenges faced by businesses and ensure a seamless experience in obtaining an unsecured working capital loan.

How we execute Unsecured Working Loan?

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What our clients think about us?

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.

Terkar Capital

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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

Growing Nationwide…

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

© Terkar Capital 2024

CIN – U70200PN2023PTC224016