Unsecured Working Capital Loan in Nagpur

Working capital is a significant component of a business. Be it small/medium, or large scale, it 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 the rescue.

No collateral working capital is a powerful instrument for businesses in need of funds. It is perhaps the most convenient type of funding process, requiring minimal or no collateral.

unsecured working capital

Key Features of Unsecured Working Capital Loan

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Amount starting 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)

Advantages Unsecured Working Capital Loan

  1. Access flexible repayment terms tailored to the borrower’s creditworthiness.
  2. Optimizes your working capital financing to enhance your turnover ratio and manage current obligations effectively.
  3. Explores a diverse range of debt instruments specifically designed to cater to your business needs.
  4. Accelerates turnaround time, streamlining the loan process.
  5. Our adaptable payment structure ensures you pay only for what you utilize.

Unsecured Working Capital Loans Eligibility

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

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

Unsecured Working Capital Documents

Documentation can be a significant factor in obtaining a UWC facility. However, the length of the process is determined by the availability of documentation. Here’s the list:

Owner KYC Documents

  1. Aadhar Card (complete page)
  2. Pan Card
  3. Latest Electricity Bill
  4. Current Rent Agreement
  5. Passport Size Photo

Business KYC Documents

  1. GST Certificate
  2. MOA, AOA, Pan Card
  3. Shop Act / Trade License
  4. Certificate of incorporation
  5. Shareholding Pattern
  6. Partnership Deed
  7. Current electricity bill and
  8. Rent Agreement

Banking Documents

  1. All account Bank statements (For the last 12 months)
  2. All current loan sanction letters

Financial Documents

  1. Last 2 years' complete Financials
  2. GST Returns (for last 12 months)

How do we execute the unsecured working capital?

Unsecured Working Capital Loan at Terkar Capital, Nagpur

At Terkar Capital, we understand the unique financial needs of Nagpur’s business community. Unlike traditional loans that require collateral, we offer a seamless experience to access the funds you need to thrive. Our unsecured working capital loan solutions are specifically crafted to empower businesses in Nagpur to bridge cash flow gaps, manage inventory purchases, and fuel growth. So, let’s connect to propel your business in Nagpur to the next level.

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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.

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CIN: U70200PN2023PTC224016

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