Capital Float is a digital lending company that offers working capital finance to SMEs in India. We have made it simple and easy to apply for business loan. Borrowers who meet the eligibility criteria can apply business loan online in minutes, select desired repayment terms and receive funds in their bank accounts in 3 days.
The first step in the MSME loan process is to click on the "Apply Now" tab on the homepage. The applicant needs to fill in basic details about themselves and their company in the business loan application form. Personal details include full name, mobile number, email ID, PAN (if available), and city of operation. Organisational details include registered name of the company, type of company (private limited, partnership, proprietorship, unlisted), company turnover and the loan amount required.
The last detail required in the business loan application is whether the SME is an online seller, listing products on marketplaces such as Flipkart, Myntra, Snapdeal, Amazon, eBay, Shopclues, PayTM, etc.
In addition to meeting the eligibility criteria for business loan, applicants must have their documentation ready before they apply for business loan online. To ensure a quick, smooth online business loan apply process, arrange to have digital copies of the following documents for different loan categories:
At Capital Float, the entire business loan process happens online. Therefore, the borrower needs a working Internet connection and digital copies of the necessary documents to apply for a business loan. Once the documents are ready, the entire procedure to register, upload and submit the application takes just 10 minutes.