term
Best suited for:
Manufacturers, Traders, Service Providers.
Criteria:
- Usually, the Working Capital Loan will be for a period of 12 months and renews annually.
- The prime security for Working Capital Loan will be the stocks and receivables of the firm/organization.
Types of Working Capital Loans
Fund Based
- Cash Credit/Working Capital
- Line of credit
- Overdraft (Dropline Overdraft)
- Packing credit and post-shipment credit (PCFC)
Non-fund based
- Bank Guarantees (Performance and Financial)
- Letter of Credit
Why choose Micro Orbit Fintech Advisory's Working Capital Loan?
- With experience of 20+ years in this industry, we have working knowledge on a wide range of products under Working Capital facility and strong business relations with leading banks & NBFCs.
- Expertise in case structuring to provide tailor made solutions for each client’s requirements.
- Knowledge of sector wise working capital & its challenges.
- Personalized and expert advice from a team that includes professionals such as CS, CA, MBA, and Ex-Bankers.
- In-depth policy knowledge for all banks and financial institutions.
- End-to-End service starting from approaching the bank to final loan disbursement.
