Capital First Business Loan
Overview about Capital First Business Loan
Capital First offers affordable business loans for small and medium sized enterprises with a view to address their working capital requirements. Business owners and entrepreneurs can fulfill their business expansion goals and meet all their working capital needs using the Capital First Business Loan.
Borrowers have the convenient option of repaying the business loan in easy monthly installments. Business installment loans can be procured by small enterprises engaged in manufacturing, services, retail or wholesale trade activities.
Features of Capital First Business Loans
The following are the primary features of a Capital First Business Loan.
- Quick Processing - Capital First ensures that loan applications are processed quickly without any hassles for borrowers. The loan documentation process is also kept simple by Capital First.
- Loan Amount - The loan amount sanctioned by Capital First for business loans is up to Rs. 75 lakhs.
- Repayment - The business loan can be repaid through monthly installments by borrowers within the chosen tenure.
- Doorstep Service - Borrowers can get door-to-door services when they avail Capital First Business loans.
- Top-up loans - Capital First also offers top-up loans on existing business loans, decided on a case-by-case basis.
- Customer Service - Borrowers can enjoy excellent customer service from Capital First with regards to any queries and concerns.
Eligibility criteria for Capital First Business Loans
Self-employed professionals and individuals, partnership firms, sole proprietorship firms, closely held limited companies, private limited firms and doctors are eligible to apply for a Capital First Business Loan.
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
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