Working Capital Loan
Running a business requires consistent cash flow, and sometimes, you need quick access to funds to cover daily expenses, pay suppliers, or manage seasonal demand. That’s where Early Grow’s Working Capital Loan comes in—giving your business the flexibility it needs to thrive without disruptions.
Why Choose Early Grow?
- Fast approval – Get your working capital loan approved in as little as seven working days.
- Varieties of Products – Choose a correct working capital loan that works for your business.
- Low interest rates – Affordable rates with no hidden charges.
Types of Working Capital Loan We Offer
- Cash Credit/Overdraft – Pay interest only on the utilized amount and the duration it's used, providing financial agility.
- Term Loan – Fixed Tenure loan for long-term funds supporting your capital expansion and acquisition of business assets.
- Working Capital Demand Loan – Get immediate access to funds with a short-term working capital facility to meet urgent requirements.
- Export Credit – Helpful for exporters looking for pre and post-shipment credit.
- Import Credit – Similar to export credit, it can be availed based on an underlying Letter of Credit (LC) or trade documents, and even in foreign currencies.
- Line of Credit – Borrow as needed and pay interest only on what you use.
- Invoice Financing – Get funds based on unpaid customer invoices.
Benefits of a Working Capital Loan
- Keep your business running smoothly without cash flow problems.
- Grab new opportunities without financial stress.
- Easily cover everyday expenses like payroll and rent.
- Get funding without giving up ownership of your business.
Who Can Apply?
- Your business must be at least one year old.
- Annual revenue should be at least ₹100 lakhs.
- You must be at least 21 years old.
- A good credit score and repayment history can help in approval.
Documents You Need
- PAN card, Aadhaar card, or passport for identity proof.
- Business registration documents like GST certificate.
- Bank statements for the last six months.
- Profit and loss statement or balance sheet (if available).
How to Apply
- Fill out a simple online application form.
- Upload the required documents.
- Get approval within 24 to 48 hours.
- Receive the funds directly in your account.
Apply Now and Keep Your Business Moving
Don’t let a lack of funds slow you down. Apply for an Early Grow Working Capital Loan today and stay ahead.
Book a Free Consultation Now
Frequently Asked Questions (FAQs)
What is a working capital loan?
A working capital loan helps your business cover everyday expenses like rent, salaries, and inventory. It’s short-term funding that keeps your business running when cash is tight.
How does a working capital loan work?
It’s simple. You borrow a set amount to manage short-term costs and repay it over a few months. The repayment could be a fixed amount monthly or a small percentage of your daily sales—whichever fits your business best.
What can I use the loan for?
- Paying staff
- Buying stock or materials
- Covering rent or bills
- Managing seasonal slowdowns
- Investing in marketing or small upgrades
What are the benefits of a working capital loan?
- No equity loss – You keep full control of your business.
- No collateral needed – In many cases, you don’t need to put up assets.
- Fast and flexible – Quick approvals, and you choose how to use the funds.
Are there any downsides?
- Interest rates can be higher than long-term loans.
- Short repayment periods mean regular payments.
- Late payments can affect your credit.
Who can apply?
- Your business has been running for a few months.
- You’re making consistent revenue.
- You have basic financial records (like bank statements).
- Your credit score is decent (but not always a dealbreaker).
How fast can I get the money?
If everything checks out, you could get the funds in as little as 24 to 48 hours.
Do I need to provide collateral?
Not usually. Many of our working capital loans are unsecured, so you don’t need to offer assets like property or equipment.
Can I repay the loan early?
Yes! Many of our customers repay early—and in most cases, there’s no penalty for doing so. Just check your loan terms to be sure.
What interest rates should I expect?
Rates vary depending on your business and the loan terms. But don’t worry—we’re upfront about all costs and never surprise you with hidden fees.
