make things easier with cash loan

Cash, credit loans or cash loans are a short term secured loan. It is a loan provided by the banks to businesses and companies working to fulfill their capital needs like buying raw materials, goods, machinery or equipments, import and export expenses, shipping and packaging charges of products, etc. as it is a secure loan therefore the bank provide the funds to the companies against some form of security or collateral. 

Features

• This is a short-term loan with a fixed repayment scheduled which may be monthly or quarterly.
• The interest only charged on the amount of the loan utilize by the customer and not on the loan amount approved or sanctioned.
• Cash loans offered the facility that the applicant can withdraw the funds from the running account or by the cheque book which is given by the lender in the name of the firm or any business entity. 

Eligibility criteria

• The first and most important criteria is the company or the business should be based in India
• As it is a secured loan so, in order to availing  the loan security is required 
• The company should be in operation or setup for at least 3 years 
• The company should be a private and public limited, partnership firm, or a sole proprietorship. 

Documents required

• Duly filled the application form you to apply for the loan visit https://www.applykaroo.com/loans
• Profile of company or business such as  information about the products and services of the companies or businesses. 
• Residence proof such as the electricity bills, water bills etc. and in case of mortgaged property the original ownership documents of the property is required.
• Financial statement and the IT returns of the last 2 year as a income proof of the company or business.