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Working Capital Loan

Do you need an instant infusion of funds for your business to thrive in this competitive world? You don’t have to worry when you have Nitstone Finserv to provide you financial support. We offer business loans and working capital loans for businesses.

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Working Capital Loan Overview

Merchant Cash Advance

Businesses today are actively using card payment devices to offer a convenient shopping experience to their customers. Point-of-sale machines not only offer the merits of cashless transactions; they can become instruments for availing working capital finance.

Increase Inventory

Add more inventory by availing a working capital loan and scale up the business.

Benefits & Features

No guarantors. No collateral

No guarantors or collateral is required to avail of our working capital loan.

Tenure options

Choose from flexible repayment tenors – ranging from 12 months to 60 months.

Online account access

Get access to your loan account details and transact online through our Customer Portal. Log in with your user id / mobile number/ email and password.

Get Credit Ranging From ₹1 Lakh - ₹1 Crore

To ensure that you’re never short of funds, Merchant Cash Advance allows you to access quick finance up to Rs. 1 crore, depending on your monthly card settlement.

Loan Amount Up To 200% of Your Monthly Card Settlement

With Merchant Cash Advance, you can receive funds up to 200% of your monthly sales from card payment machines. Therefore, the higher you earn from card swipes, the higher the loan offer is likely to be.

Eligibility & Documents

The eligibility criteria for Merchant Cash Advance is fairly simple and user-friendly. Just ensure that the following terms are met:

  • Your business must have minimum operational history of 1 year
  • Minimum turnover of ₹20,00,000
  • Minimum card acceptance vintage of 6 months
  • Minimum monthly card volume of ₹5,00,000
  • Minimum of six settlements per month

Keep digital copies of the following handy at the time of application for working capital loan:

  • Documents pertaining to your current account for the last 12 months
  • VAT returns for the last six months prior to loan application
  • Card settlement statements for 3 months prior to loan application.
  • Yours and your promoter’s KYC documents

Ready to Apply

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How to Apply

Step 1

Click on Apply to go to our online form. Fill in detail and submit the form.

Step 2

Get an instant approval. Select your required loan amount and tenure.

Step 3

Our representative will get in touch to collect your documents.

Step 4

Amount will be credited to your account.

Fees & Charges

At Nitstone, we conduct business in the most transparent manner. This means, you’re only obligated to pay a processing fee of up to 2% for the loan. There are no hidden or pre-closure penalties during or after your application procedure.