Vendor Finance is a type of loan where vendor acquire loan for their customers, as we all know from manufacturing to selling goods needs much funds. To solve the shortage of funds vendor finance help to fulfill theirs requirements.
Vendor Finance @7.25% Onwards
• Get loan upto 2 Crore • Attractive interest rate • Easy & fast processing
How does Vendor Finance works?
Vendor Finance are offered by various bank & FI’s to pay customer & to in-build strong cash flow management of business. Choose your ideal banking partner to avail this credit facility to boost your business Working Capital.
Who can apply for Vendor Finance?
You must be self-employed with a minimum of 3 years of business vintage & had filed ITR for at least last 1 year.
What are the benefits of Vendor Finance?
It gives you the quick access to liquidity with short-term loan facility, speedy processing & quick disbursal make the loan unique.
What is the current Interest Rate of Vendor Finance?
How much processing fee applicable to Vendor Finance?
Generally, up to 2.00% of loan amount is charged as a processing fee to process your loan application.
What are the other charges applicable in processing Vendor Finance?
- Processing fee
- Statement charges
- Penal interest
- Pre part payment fee
- Foreclosure charges