In a volatile market environment, there are times when you need a quick business loan without security or collateral. Perhaps you want to expand your venture, add new product lines, adopt new technology, buy machinery or increase your marketing budget.
Capital Float team brings an array of customised credit products to suit the needs of manufacturing organisations. We understand how frustrating it is when loan applications get rejected for want of collateral. This is why our business loans for manufacturers are offered without a clause for the hypothecation of your valued assets.
Borrowers prefer unsecured loans because on choosing such products they are assured that their home, business premises, or any other financial asset will never be at risk.
At Capital Float, these loans also come without any hidden charges. Furthermore, we keep the monthly payment schedule flexible for our borrowers.
We believe that a business loan for SME and MSME units should be offered on the most comfortable terms and that they should be supported in their contribution towards the Make in India initiatives.
You can apply for a loan at Capital Float through a secure online application. Our customized business loan for manufacturers comes with bespoke features:
Your venture needs funds in minimum time, and when you check eligibility for business loan from conventional sources, the long list of requirements looks intimidating. As a FinTech lender, we have largely reduced those hurdles.
To help more businesses qualify for the loan they need, we’ve made our credit terms borrower-friendly. You are eligible for a business loan if:
Our decisions on applications are based not merely on your credit history but also on other business parameters.
Soliciting a loan is the most straightforward digital process wherein you:
For every approved application, we disburse the funds within 72 hours, and you can start using them instantly.
The processing fee for a loan by Capital Float is only up to 2% of the approved amount. The interest rate ranges between 18% and 24%.
To know more about a business loan for Pvt Ltd companies and other commercial ventures with manufacturing processes, speak to our customer service team on 1860 419 0999.