Working capital is the lifeblood of any business. In the case of shortage or lack of funds, you can apply for a Tata Capital Working Capital Loan. Also known as a working capital term loan, it can help you secure easy and quick funding to meet your business expenses at competitive interest rates.
Working capital term loans are designed to help you grow and expand your business without facing any financial hurdles. Our working capital loan interest rates are very affordable, and we provide 100% online funding so that you can get access to finances when you need them the most.
Eligibility Criteria for Operating Capital Loan
Tata Capital offers working capital loans with easy eligibility criteria. Applicants must ensure they meet the following eligibility criteria for a smooth working capital loan application:
- The applicant must be an Indian citizen
- The applicant must have a favourable CIBIL score
- The applicant must have a business
- The applicant must be able to furnish all documents listed in the next section
Be sure to study the above eligibility criteria carefully before applying for a Tata Capital working capital loan.
Documents Required for Working Capital Loan
Required applicants to submit the following documents when applying for a working capital loan.
- Duly filled application form
- KYC Documents such as a copy of the Aadhaar card, Driver’s licence, Partnership Deed (if applicable), and the like
- Proof of business
- Other financial documents
