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Get Unsecured Working Capital Loan at Ease!

Elevate your business operations without financial constraints. Our unsecured working capital loans provide the funds you need.

  • Quick Approval
  • Flexible Terms
  • No Collateral Required

Up to 15 Cr

From 14 Pa*

Tenure upto 60 Months

Unsecured Working Capital Loan in Mumbai

In the competitive landscape of Mumbai, unsecured working capital loans function as a game-changer for businesses in Mumbai. Unlike traditional loans that often require putting up assets as security, these loans eliminate this hurdle, providing a flexible and accessible funding option.

Unsecured working capital loans act as a powerful catalyst for businesses seeking to flourish and expand. These loans reduce the need for collateral, allowing businesses to access funding without collateral. This streamlined approach facilitates growth opportunities and enables businesses to navigate challenges with greater financial flexibility.

Key Features of Unsecured Working Capital Loans

Unsecured working capital loans in Mumbai offer businesses the flexibility to manage various expenses, including bridging short-term cash flow gaps, covering daily operational costs, and financing inventory purchases.

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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)

Eligibility to Apply for Unsecured Working Capital Loan

  • Age between 21-65 years
  • The business must have been operational for at least three years.
  • Credit score, stability, and repayment history are significant factors.
  • No prior loan defaults with any institution
  • This service is accessible to all financial organizations, except HUF

Let’s understand how we execute unsecured loans from the case study.

Advantages Unsecured Working Capital Loan

  • We offer flexible repayment terms ranging from 3 to 5 years, tailored to the borrower’s creditworthiness.
  • Optimize your working capital finance needs to enhance the turnover ratio and efficiently manage your current obligations.
  • Explore multiple debt instruments that cater specifically to your business.
  • No collateral requirement, resulting in a significantly accelerated turnaround time.
  • Our adaptable payment structure ensures you only pay for what you use. Unlike traditional Term Loans with fixed obligations, there are no long-term commitments required.

Documents Required to Apply for Unsecured Working Capital

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

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)

Unsecured Working Capital Loan at Terkar Capital, Mumbai

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.

At Terkar Capital, we understand how important it is for businesses in Mumbai to get unsecured working capital. Even though collateral is usually needed for loans, we try to find a middle ground by offering loans without collateral. We aim to assist businesses in Mumbai to grow and succeed.

How we execute Unsecured Working Capital Loan?

Here’s the execution process to avail of an unsecured working capital loan in Mumbai.

business loan execution process

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Client's Testimonial

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

In Association with:

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