Working Capital Loans

Rapid Loans offers a customized working capital loan for small and medium enterprises to meet their working capital requirements. A working capital loan helps you in running everyday operations. These loans usually cover Rapid Loans recurring expenses such as accounts payable, wages, etc. Our working capital loans help offset your working expenses during a low sales / revenue period. We have combined the best features of several types of such loans to create an offering which is suited for Indian SMEs and start-ups.

Top Features of a Rapid Loans Working Capital Loan

Working Capital Term Loan (WCTL) is provided to extend long term working capital credit facilities to entrepreneurs:

1. Working Capital Demand Loan (WCDL) is provided to extend long term working capital credit facilities to entrepreneurs.
2. It shall be within the assessed working capital limits. It can be available as a sub limit of funded working capital limit.
3. Repayment can be made in Monthly /Quarterly / Half yearly installments.

Benefits of Working Capital Loan by Rapid Loans

– Faster processing:

You can get a working capital loan within 3 days by submitting all documents.

– Preserving your ownership:

These loans help you avoid equity divestment by providing quick and easy access to credit without collateral.

– Streamlines your cash flow:

Our loans allow you to operate normally during cash crunch and cyclic upheavals in sales and revenues by providing ready cash at hand.

– Improve your credit score:

If your business was denied a bank loan due to low credit score, Rapid Loans helps you improve your credit rating as well by reporting your loan transactions to the Credit Bureau.

Eligibility Criteria

In comparison with banks and traditional lenders, Rapid Loans Finance has a very relaxed eligibility criteria for working capital loans. Here are the pre-requisites for getting the same:

  1. An established business that has been in operations for more than 12 months
  2. All Corporates having turnover of Rs.500 Crores and above.

3 Simple Steps to your Working Capital Loan

  1. Submit Application

    It just takes 60 seconds

  2. Upload Documents

    Completely online process

  3. Get Sanctioned

    We evaluate your application and give you a fair sanction

Apply Now