Ready Capital When You Need It Most
Working Capital :
Fuel Daily Operations with Our Easy Working Capital Solutions
Key Benefits:
Quick Access to Funds – Ensure smooth day-to-day operations without disrupting your cash flow.
No Collateral Required – Many lenders offer unsecured working capital loans.
Flexible Repayment Options – Choose from short-term or revolving credit facilities.
Boost Business Efficiency – Manage supplier payments, wages, raw materials, and inventory with ease.
Improved Cash Flow Management – Tackle seasonal demand fluctuations or unexpected expenses effectively.
Fast Disbursal – Get funds within a few working days after approval.
Eligibility Criteria in India:
Age: Applicant should be between 21 to 65 years.
Business Vintage: Business should be operational for at least 1 year.
Type of Entity: Sole proprietorships, partnerships, LLPs, Pvt. Ltd. companies, traders, manufacturers, and service providers.
Annual Turnover: Should meet minimum turnover criteria set by the lender (typically ₹10 lakhs and above).
Credit Score: CIBIL score of 650+ is generally preferred.
Profitability: The business should be generating profits for the past 1 year (in most cases).
Documents Required:
KYC: Identity and address proof of the business owner(s) and the business PAN.
Business Proof: Registration documents (e.g., GST registration, Partnership Deed).
Financials: Last 2-3 years' audited Profit & Loss statements, Balance Sheets, and ITRs.
Bank Statements: Last 6-12 months' business bank statements.
