Working Capital Limit

Working Capital Limit

Service overview

Working Capital Finance / Over Draft / Cash Credit Facility is given by banks and financial instituitions to fill up the working capital gap of businessmen to smoothen their business. This can be secured against any property or unsecured also.

Employment: Ability to service interest charges, as reflected in the borrower’s earning capacity, is important. Borrowers should be salaried employees or self-employed persons (professional/non-professional) OR be in employment/business for at least 3 years of which current employment should account for at least 1 year.
Income: A minimum income varying between Rs.5 - 7 lakhs would be required. This depends on the nature of employment i.e. salaried or self-employed.
Credit Rating: A good credit score is required (a score of 750-900 from CIBIL is considered good). Besides this, a healthy financial background is vital for approval and to determine the interest rate and loan amount.
Current Obligation:The payment track record of any Loan which had been taken by the customer in the past, even though currently closed and EMI of any existing loan is may be considered while calculating loan ligibility.
Age:The minimum age at the time of application should be 21 years. Repayments have to be completed before the age of 60 or 65.
Security: The Collateral offered by the borrower like type of property- commercial/residential or industrial and usage pattern of same.

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Finance Market

Ahmedabad (India)

Insurance and Financial Services

Service Provider


About Company

We are Consultants for Corporate and Individual Finance, Secured and Unsecured Business Finance like Project Finance, Working Capital Limits, CC, OD, Home and Mortgage Finance. We provide tailored mortgage and finance solutions to our clients so as to ensure that each package best matches their needs and unique circumstances. At Finance Market, our objective is to offer you various options that fit your specific requirements of finance for different purposes, whether it is Secured or Unsecured. After knowing your financial details, purpose of utilization of funds and security which can be offered, we help you arrive at a smarter decision of borrowing from the banks/ financial institutions at lowest cost.. view more »

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