Angelone Mehsana – Capital Enterprise
- +91 98241 49988
- T-42, S Cube, Radhanpur Road, Mehsana
- +91 98241 49988
Working Capital Loan in Mehsana
Capital Enterprise proudly serves as your trusted Working Capital Loan Service Provider in Mehsana, offering simplified solutions to meet the financial needs of local businesses. We understand that a steady flow of working capital is essential for the day-to-day operations of businesses, and our services are tailored to provide quick and efficient access to the necessary funds. With competitive terms, transparent processes, and a commitment to local businesses, Capital Enterprise is your reliable partner for securing working capital in Mehsana.
At Capital Enterprise, we recognize the unique challenges faced by businesses in Mehsana, and our goal is to support their growth and sustainability. Our Working Capital Loan services are designed to be flexible and accessible, ensuring that businesses can navigate financial fluctuations with ease. Whether it’s managing operational expenses, seizing growth opportunities, or overcoming unexpected challenges, count on Capital Enterprise to be your local ally, providing working capital solutions that empower your business in Mehsana.
Working Capital Loans for small Business
Working Capital loans are like helpers for businesses. They come in two types: secured (with collateral) and unsecured (without collateral). These loans are useful when companies face money gaps, like the time between getting money from customers and needing to pay debts or bills.
These loans are available for all kinds of businesses, whether they are run by one person, a group, or a big company. The amount of loan usually depends on how much money the company makes in a year, usually around 20%-25%. But different banks or companies might have their own rules for this. It’s like a financial boost that keeps businesses running smoothly.
Feature & benefits of Working Capital Loan
- Easiest way to get the funds from bank/ NBFC and reduce the heavy capital investment by Promotors or owners.
- Its in a yearly- renewal basis and need to pay only interest instead of full EMI. so, they don’t need higher working capital for day-to-day Project activity.
- High chances of avail extra funds from other banks as current obligation is lower.
Minimum Criteria of Working Capital Loan
- Business vintage of at least 3 years, It should not be Start ups or newer projects.
- Needs to maintain Bank Accounts, Fill ITR of 3 years etc.
- Business should not be blacklisted and not at Negative Areas.
- Trust, small businesses, and NGOs are not eligible.
Documents Required for Working Capital Loan
| Details | |
| ID Proof | PANCARD |
| Address Proof | Passport / Voter ID card / Driving License |
| Registration Proof | GST Certificate / MSME Certificate / Gumastadhara |
| Income Proof | last 12-month GST Return |
| Banking | Last 12 month Current & Saving bank Ac statement |
| ITR | Last 3 years Audited ITR along with computation of income, Balance Sheet, and P & L Ac. |
| Current Year- Projections/ Provisionals | Current year performance and projected turnover etc |
| GST Returns | Last 12-month GST Returns |
ROI & Charges for Working Capital Loan
| Loan Amount | Rs. 10 lac- 10 Cr |
|---|---|
| Tenure | 1 Year- Renewal Basis |
| ROI | 9.50 % – 12 % |
| Processing Fees | 0.25% -2% + GST |
| Foreclosure Charges | Its Depends on Bank to Bank |
| Part Payment Charges | Its Depends on Bank to Bank |
Have Any Question?
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+91 98241 49988
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FAQs
Eligibility criteria often include factors such as business vintage, annual turnover, profitability, credit history, and the purpose of the loan. Capital Enterprise assesses these criteria to determine your eligibility for a working capital loan.
Typically, documents like business financial statements, bank statements, income tax returns, proof of business vintage, identity proof, and address proof might be needed. Capital Enterprise will provide a specific checklist tailored to your working capital loan application.
The maximum loan amount and tenure depend on various factors like business financials, creditworthiness, and the purpose of the loan. Capital Enterprise will provide details based on your specific business situation.
Interest rates offered can vary, and options might include both fixed and floating rates. Capital Enterprise offers competitive rates and will explain these in detail to help you choose the most suitable option.
Capital Enterprise in Mehsana assists by providing specialized guidance throughout the working capital loan application process. They offer expert advice, evaluate your eligibility based on business specifics, assist in document preparation, aid in selecting the right loan product, and facilitate a smooth application and approval process for your working capital requirements.
