Business Loans against card swipes FAQs
Business Loans against card swipes
What type of collateral is acceptable for your loan facility?
Self occupied commercial and residential property can be used as collateral.
What types of companies are eligible?
You can apply for ICICI Bank Loans for Merchant Establishments if you come under any of the following categories:
- Sole Proprietorship Firms
- Partnership Firms
- Private Limited Companies
What is the interest rate for your loan facility?
We offer competitive interest rates for our loan facilities. The interest rate for each loan is determined based on assessment of your business profile, past track record, financial records, loan amount required and tenure of loan.