MSME / SME Loan

We not only provide loans to schools but also help all the businesses associated with the education system to scale up their business by providing customised loans as per their requirement.

We provide loans to Stationary vendors, Computer vendors, furniture provider, book publisher, uniform vendor, shopkeepers associated with education system.

Product Details

Features

  • We provide both secured and unsecured loans as per your requirement.
  • Loan Amount- Secured loans up to Rs. 25 lacs. Unsecured loans up to Rs 5 lacs.
  • Interest Rate- ROI varies from lender to lender and is curated as per the borrower’s needs and eligibility.
  •  Tenure- EMI options upto 60 Months.
  • Collateral- Loans can be either secured or unsecured, i.e., you may or may not be required to mortgage a collateral to avail of the loan. The lender curates the loan as per the collateral capability of the borrower. Wide range of acceptable collaterals.
  •  Loan to Value (LTV)- of up to 80% of market value of collateral. (However, LTV varies from lender to lender)

Purpose

  • To purchase Stock, Raw Materials, Machineries and Equipment.
  • To meet the OpEx needs.
  • Business expansion.
  • Renovation of existing infrastructure.
  • Balance transfer of your existing loan liabilities.

Eligibility

  • Goods and Service provider to education segment.
  • Business vintage – 2 years.
  • Positive Cash Flow. Underwriting based on actual cash flow analysis, rather than analysing the traditional way of approving loans.

Documentation

  • KYC Documents –ID proof, Residence proof & Pan card
  • Banks statement – Last 6 Momths
  • Financial documents – ITR / Audit report (If applicable)
  • Collateral (for Secured Loan Ony)- Collateral Security documents as per legal & technical report.
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