FAQ’s

🔹 Commercial Loans

Q: What is a commercial loan?
A: A commercial loan is designed to help businesses cover major expenses such as property purchases, expansions, equipment upgrades, or working capital. These loans are tailored for companies seeking structured funding to support operations or growth.

Q: Who is eligible for a commercial loan?
A: Any registered business entity with a consistent revenue stream may be eligible, including sole proprietors, partnerships, and corporations. Creditworthiness, cash flow, and business history are considered during approval.

Q: How long does it take to get approved?
A: Approvals are often completed within 48 to 72 hours once all required documentation is submitted.

 

🔹 Inventory Financing

Q: What is inventory financing?
A: Inventory financing is a short-term loan or line of credit that allows businesses to purchase products for resale. It’s ideal for retailers, wholesalers, and distributors managing seasonal or bulk inventory.

Q: Is inventory required as collateral?
A: Yes, the inventory purchased usually serves as the collateral for the loan.

Q: Who can benefit from inventory financing?
A: Businesses that need upfront capital to stock up on goods, especially during high-demand seasons, will benefit most from this service.

 

🔹 Personal Loans

Q: Do you offer personal loans for individuals?
A: Yes, we offer Quick Personal Loans with flexible repayment plans and low interest. These can be used for emergencies, education, medical expenses, or personal projects.

Q: How fast is the disbursement process?
A: Once approved, funds are generally disbursed within 24 hours.

Q: What are the eligibility criteria?
A: You must be at least 18 years old, have a steady income, valid ID, and meet our minimum creditworthiness requirements.

Q: Can I apply online?
A: Absolutely. Our online application is simple, secure, and available 24/7.

 

🔹 Business Financing

Q: What types of business financing do you provide?
A: We provide:

• Short-term working capital loans

   

• Business loans against cheques

   

• Loans secured by promissory notes

   

• Equipment and inventory financing

   

• Customized enterprise funding solutions

   

Q: Do you fund startups or only existing businesses?
A: We fund both. For startups, we focus on your business plan and projections. For established businesses, we look at cash flow and operational history.

Q: Are interest rates fixed or variable?
A: We offer both fixed and variable rate options, depending on the loan type and structure.

Q: How do I apply for business financing?
A: Fill out our quick application form online or contact our support team. We’ll guide you through a fast and secure approval process.