Working Capital Financing is when a business borrows money to cover day-to-day operations and payroll rather than purchasing equipment or investment.
Know about Raw Material Financing
Working Capital Financing is when a business borrows money to cover day-to-day operations and payroll rather than purchasing equipment or investment. Working capital financing is a common practice for businesses with an inconsistent cash flow. Whether your business is facing cash flow issues or not, having extra cash in reserves is always good to secure yourself during unexpected circumstances. Working capital financing lets firms fulfil their short-term or urgent cash flow shortfalls. For example, a large business with steady cash flow may apply for a working capital loan to finance the expansion of operations into a new region, scale up. In this, the loan will act as a buffer until the new region becomes self-sufficient. Similarly, a small business may require working capital finance to bridge the gap between cash inflows and outflows while the business grows.
Raw Material Financing Benefits
Easy Access – easy to access and offers quick solutions for short term operational requirements
Savings on trade margin
Flexible repayments – multiple tenure option for easing your loan repayment
Fulfill short term or urgent cash flow shortfalls
Maintain Gap between cash inflows and outflows while the business grows
Applicant must have a business vintage of a minimum of 2 Years
The applicant should have permanent resident of the area
Profitability for 3 consequent years
Should show upward trend Y-O-Y basis
Balance sheet should be audited by a registered CA
Applicant’s 2 years of ITR and audited balance sheet
Business based customized financial assistance
Guiding CIBIL score enhancement
Providing industry guidance for growth
Convenient repayment methods
Our Application Process
Final quality check
Bank a/c Validation
Loan Funding / Disbursement
Fast & Easy Application Process
Maxemo understands that keeping a business up and running is challenging. It’s hard to manage so many things happening at one place, with several sources receiving and giving out payments.
Promoter's Aadhar Card
Promoter's PAN Card
Business address proof
Bank statement- Last 6 months
Audited financial statements -Latest 3 yrs
ITR with computation of taxes- 3 Yrs
GST return (3B, GST R1) -last 4 qtrs.
Products We Offers
Working Capital Finance
Provides new-age customized financing
products for your business needs
Businesses require an adequate amount of capital...