Loans for Merchant Establishments

This is a Funding to Retailers and Merchant Establishments on the basis of Credit card swipes. New merchant establishments (6 month vintage) can also be funded with certain conditions

Facility Offered :

  • Overdraft for meeting working capital finance requirement

Acceptable collateral:

Self occupied commercial and residential property in the same city as that of the borrower

Eligible entities:

Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies