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Working Capital Finance
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Working Capital Finance
Working Capital Finance
Working capital finance is defined as financing the capital of a business that is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
Basic Information
| Purpose of Loan |
Target Customer |
| Loan facilities for a short term, generally for a period of one year to meet working capital need of clients. |
Large and medium size enterprises. |
Required Documents
- Valid Trade License
- Latest 12 months bank statement
- National ID of business owners
- Utility bill of business
- TIN certificate
- Photograph of the owners
- Registered partnership deed (for partnership firm)
- Memorandum & Article of Incorporation, Form X and XII (for limited company)
- Certificate of Incorporation (for limited company)
- Board/Partnership resolution (for partnership/limited company)
- All facility related offer letters
- Other documents as per bank requirement & business nature
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