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Check your eligibility for business loans

We understand that every business is different, as are their funding needs. With this knowledge, we’ve created a variety of collateral-free MSME loan products with easy eligibility criteria, minimal paperwork and flexible repayment schedules. Check our business loan eligibility calculator to make an informed loan decision pertaining to your working capital needs.

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Loan Amount

₹5 lakhs - ₹50 lakhs

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Credit Criteria

Customized credit underwriting

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Loan Tenure

1-3 years

HOW IT WORKS
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APPLY

Apply anytime, from anywhere in just 10 minutes for SME & MSME loans.

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Upload

Digitally upload scanned copies of the required documents.

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Avail

Backed by cutting-edge technology, we disburse the loan amount in just 3 days.

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Repay

Choose from our easy and flexible repayment options.

...
APPLY

Apply anytime, from anywhere in just 10 minutes for SME & MSME loans.

...
Upload

Digitally upload scanned copies of the required documents.

...
Avail

Backed by cutting-edge technology, we disburse the loan amount in just 3 days.

...
Repay

Choose from our easy and flexible repayment options.

BENEFITS

The tedious process and stringent eligibility criteria of traditional banking institutions make availing business finance very challenging for small businesses. At Capital Float, we’ve created customized loans for SMEs and MSMEs in India. The benefits of availing a loan from Capital Float include:

  • Simple online application
  • No collateral required
  • Loan amount in 3 days
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TESTIMONIALS
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Vinod
Manufacturer of fiber optic products

Advanced Fiber Solutions

Business has grown by 45% after working with Capital Float and we have added more customers. They have been supporting us in an honest manner. The best thing is that everything is system driven and convenient. Everything gets done through the app.

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Shankar
Distributor of air conditioners

Sri Sathya Sai Marketings

It was difficult to get unsecured loans from banks. But, the Capital Float experience was very good. They took all my information online and I got my funds within 4 days. The interest rates were also much lower than compared to other banks.

INTEREST RATE, FEES AND EMI CALCULATOR

We believe in complete transparency. There are no hidden charges involved; a minimal processing fee of 2% of the loan amount is charged to the customer. The interest rate starts at a competitive 15% and is decided on a case-to-case basis. EMIs for various loan amounts can be evaluated using our EMI calculator.

Interest range 15%-24%

* Flat

Processing Fee of up to 2%

Low prepayment charges

Flexible repayment

EMI Calculator

Loan Amount

Min:
Max:

Tenure (months)

Min:
Max:

Interest Rate (%)

Min:
Max:
Apply now

Your EMI

₹ 0

ELIGIBILITY
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Business History

A registered business with an operational history of 3 years or more

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Financials

Annual business turnover of over ₹1 crore

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GST

GST returns of your business for the last 6 months

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Bank Statements

Business banking account statements of the last 6 months

FREQUENTLY ASKED QUESTIONS

Our aim is to make funding easily accessible to all types of businesses, even those that traditional banking institutions wouldn’t approve for loans. So, if you are an MSME based in India, regardless of which industry you belong to, we might have something for you. Be it e-commerce, textiles and apparel, healthcare, automobiles and engineering, food processing, software or hardware providers, facilities management and professional services; we have them all covered. Businesses that borrow from us are fast-growing SMEs, who have made an informed decision through our business loan eligibility calculator. We offer a basket of different types of loan products, including: 

 

  • Term Finance
  • Loan against card swipes
  • School loans

The eligibility criteria differ according to the small business loan product you choose. We’ve kept the criteria at a minimum to make our loan products easily accessible for all types of SMEs in India. Here’s a quick look at the eligibility criteria.

 

Term finance: 

  • Registered business with an operational history of 3 years or more
  • Annual business turnover of over ₹1 crore
  • GST returns for the last 6 months
  • Business banking accounts of the last 6 months

 

Loans against card swipes:

  • GST registered business with an operational history of at least one year
  • Annual turnover of at least ₹20 lakhs
  • Minimum monthly card volume of ₹2 lakhs
  • Minimum card acceptance vintage of 6 months

 

We’ve made it easy for you to check your eligibility for a business loan with our online loan eligibility calculator. All you need to do is input the details required, such as your business history and financials, along with the loan amount required, and the calculator will do the rest. You can not only find out about business loan eligibility, but also the EMIs that a specific amount would entail. In addition, we offer flexible repayment tenures, so that you never feel stressed about cash flow.

 

Our customized, collateral-free credit solutions ensure that you aren’t burdened by any part of the loan process. This is why we only require basic business and KYC documentation, such as: 

 

Term finance: 

  • GST returns for the last 6 months
  • Income tax returns for the last two years
  • KYC documents of the business entity and the business owner/s
  • Business bank statements for the last six months
  • Loans or overdraft sanction letters (if any)

 

Loans against card swipes:

  • Bank statements reflecting card settlements for the last 6 months
  • GST returns for the 6 months prior to loan application
  • Your and your promoter’s KYC documents.
  • Audited financial statements for large loan amounts

 

You don’t need to visit any location to deliver hard copies of the documents. At the time of online application, we require the scanned copies of the documents, which can be uploaded along with the completed application form.