Woring Capital Loan

Working Capital Loan (CCOD)

A working capital loan is a loan that is taken to finance a company's everyday operations. These loans are not used to buy long-term assets or investments and are, instead, used to provide the working capital that covers a company's short-term operational needs. Those needs can include costs such as payroll, rent and debt payments. In this way, working capital loans are simply corporate debt borrowings that are used by a company to finance its daily operations.

Who can Apply for for Working Capital Loan ?

• Proprietorship Firms
• Partnership Firms
• Private Limited Companies

Interest Rate

Interest Rate for Working Capital Loan ranges from 9% to 14%.

Documents Required for Working Capital Loan (CCOD)

• Passport Size Photo
• Pan Card
• Aadhar Card
• Address Proof of Business
• Government Reg. Business Proof (GST Certificate/Incorporation Certificate)
• 3 Year Income Tax Return with Balance sheet and Profit loss statement
• Bank Statement (Last 1 Year)
• CMA Report