Secured Loan for Merchant Establishments against credit card swipes
Unlock the cash from your credit card receivables
If you are a retailer or a merchant establishment, ICICI Bank offers you loans based on credit card swipes at your counters. If you are a new merchant establishment (6 months or more), you can still get loans under this product.
Apply now for a Business Loan
Features and facilities
- You can get overdraft facilities for up to 12 months and drop line overdraft for up to 36 months
- You can get loans up to Rs 2 crore
- For new entities, loan limit is up to Rs.50 lakhs
- Companies with 3 years of Business vintage
- The limit assessment is based on card swipes
To see FAQs Click here
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