Working capital loans for purchasing Raw Materials & Industrial Supplies is a highly customizable offering from BizFunds, tailor-made to suit the needs of SMEs. These short term, largely collateral free loans can be used by SMEs to meet their immediate business requirements and help them manage their working capital cycle better.
You can avail these loans to purchase raw materials like steel, polymer, chemical, yarn paints, inks etc for manufacturing your product and for industrial supplies/MRO products like safety tools, power tools, electricals, appliances, hardware, medical supplies etc- all the equipment you could possibly need for you manufacturing process- now on easy customizable loans by BizFunds
*Additional documents may be required
We require some basic documentation which includes last 6 months bank statements, your audited balance sheets for last 3 years and basic information both about the business and the people running it. There also may be a requirement to share additional documentation.
To qualify for a loan, your business should be India based, have been operational for a minimum of 3 years with 3 years of profitability and should have also complied with all other regulatory compliances and filing such as a GST and others.
A short form will be able to help you give an indication of an amount we can help approve but the final decision will be based on the analysis of your bank statements, company profile and personal history.
We are committed to super quick approvals so that your purchases do not get stuck as long as you submit documents within requested timelines.
If you have followed a due course of payment schedule, you can easily apply for additional funding through the ‘Apply Now’ link to be considered for additional funding.
By clicking on Get Started, you give us consent to call you even if you are on DND
By clicking on Get Started, you give us consent to call you even if you are on DND
By clicking on Get Started, you give us consent to call you even if you are on DND
