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Collateral Free Loans

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Expand your Business by Taking Collateral Free Loans. We would be Happy to assist you in getting HIGHEST AMOUNT with LOWEST INTEREST RATES and LOWEST EMIs.

“ Don’t let us Business suffer, just because of Lack of Collateral”

Here are some of the Collateral Free Loan Products :

 

Loan under CGTMSE Scheme

  • Collateral Free Lending to MSMEs Backed by Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). It could be in form of working capital or term loan.
  • Maximum lending upto Rs. 2 crore. Can be availed by both new or existing borrowers
  • Exclusive charge on Current and Fixed assets.

 

Business Loans

  • Collateral free loan granted for general business purposes
  • It is costly as compared to other forms of secured business funding.

 

Inland Bill Discounting (Backed by Letter of Credit)

  • Loan given by discounting your inland bills drawn under letters of credit.
  • Quick turnaround time as less documentation.
  • Easy access to funds, which could have got blocked in receivables/debtors

 

Invoice Discounting (without Letter of Credit)

  • Loan given by discounting your inland bills, however without letter of credit
  • Generally banks take collateral, however some NBFCs fund without any collateral
  • Complete due diligence is done, as without LC
  • Easy access to funds, which could have got blocked in receivables/debtors