Is collateral required for a working capital loan?

Collateral may require depending on the size of the loan and your business's financial situation. However, unsecured working capital loans are also available for qualifying businesses. Our Experts supports to avail a secured and unsecured working capital funds.

How do I apply for a working capital loan?

To apply for a working capital loans, simply visit the application page in kfis.in, fill out the necessary details about your business, and submit supporting financial documents. Our KFIS Expert Team will review your application promptly to assess eligibility and determine the next steps.

What are the benefits of using a working capital overdraft limit?

A working capital loan overdraft provides flexibility, allowing businesses to draw funds as needed. It helps manage cash flow gaps, cover operational costs, and handle unexpected expenses without the burden of fixed repayment schedules or large lump-sum payments.

How fast can I get approval for a working capital cash credit facility?

The approval process for a working capital loans cash credit is typically quick, based on monthly GST Sales returns in just a few business days. Once your application is submitted, KFIS team reviews your financial details and provides approval, ensuring quick access to funds for your business needs.

What types of contracts can be secured by a Bank Guarantee (BG)?

Bank Guarantees (BG) can secure a variety of contracts, including construction agreements, performance contracts, supply agreements, and customs duties. KFIS supports businesses by offering BGs to ensure obligations are met, thereby protecting both parties in the contract.

Can I use a Bank Guarantee (BG) to secure a loan?

Yes, Bank Guarantee's can be utilized for purchasing raw materials, making deposits for tender's and etc. In these requirements BG may be secured as a collateral for entrepreneur's. Moreover Bank Guarantee's can be used as collateral to secure loans, particularly for large transactions. Our KFIS experts guides the right way to utilize Bank Guarantees.

Can I use a term loan for working capital?

A fund-based term loan is generally used for long-term capital expenditures, such as purchasing equipment, expanding operations, or funding large projects. For working capital needs the short term loans like business loans helps more to reach the specific needs.

What types of businesses can apply for a term loan?

Businesses in various sectors, including manufacturing, retail, and service industries, can apply for a term loan. KFIS provides funding for businesses that need long-term capital for expansion, asset purchases, or infrastructure development, regardless of their industry.

Get Fast Approval for Working Capital Loans

1️⃣ Business Longevity 📌	The business should be operational for at least 2+ years to demonstrate stability.
2️⃣ Business Registration 📌	A valid registration documents is required. Eligible entities include Sole Proprietors, Pvt Ltd companies and Trusts & Societies
3️⃣ Annual Turnover 📌	Minimum annual turnover varies by industry and loan amount. A basic annual turnover must be starts from 5crores.
4️⃣ Credit Score 📌	A credit score of 700+ boosts approval chances and secures better loan terms.
5️⃣ Income Proof 📌	Provided Income Tax Returns with proper profit & loss statements to help lenders assess financial stability.
6️⃣ Bank Statements 📌	Submit the last 6-12 months of bank statements to show cash flow consistency.
7️⃣ GST Sales Returns 📌	Monthly GST sales returns are necessary to verify growth of financial health.
8️⃣ Debt-to-Income Ratio 📌	A manageable ratio demonstrates repayment ability.
9️⃣ Collateral 📌	Some loans require collateral, which can enhance approval odds.
🔟 Cash Flow Stability 📌	Consistent and healthy cash flow strengthens your eligibility.

1️⃣ Business Longevity 📌

The business should be operational for at least 2+ years to demonstrate stability.

2️⃣ Business Registration 📌

A valid registration documents is required. Eligible entities include Sole Proprietors, Pvt Ltd companies and Trusts & Societies

3️⃣ Annual Turnover 📌

Minimum annual turnover varies by industry and loan amount. A basic annual turnover must be starts from 5crores.

4️⃣ Credit Score 📌

A credit score of 700+ boosts approval chances and secures better loan terms.

5️⃣ Income Proof 📌

Provided Income Tax Returns with proper profit & loss statements to help lenders assess financial stability.

6️⃣ Bank Statements 📌

Submit the last 6-12 months of bank statements to show cash flow consistency.

7️⃣ GST Sales Returns 📌

Monthly GST sales returns are necessary to verify growth of financial health.

8️⃣ Debt-to-Income Ratio 📌

A manageable ratio demonstrates repayment ability.

9️⃣ Collateral 📌

Some loans require collateral, which can enhance approval odds.

🔟 Cash Flow Stability 📌

Consistent and healthy cash flow strengthens your eligibility.

📄 Application Form:	Fully completed and signed form with accurate details.
📸 Passport Size Photos of All Borrower(s):	Must be attached to the application form.
🆔 Valid Identity Proof of Borrower:	PAN Card, Aadhaar Card, Passport, Voter ID, or Driving License.
🏢 Business Identity Proof:	Varies by business type (Sole Proprietorship, Partnership, Company). Includes MSME UDYAM, GST Reg, IE Code, FSSAI Reg, GCC Reg, Company IT Returns, Utility Bills, Incorporation Certificate, Company PAN , MOA, AOA, Certified Partnership Deed, Partners/Directors list. The documents may vary upon the entity.
📍 Valid Address Proof of Business:	Passport, Utility Bills (Electricity/Telephone, <3 months old), Trade License, Lease Agreement, GST Certificate, etc.
🏠 Valid Proof of Borrower's Residence:	Utility bills (Electricity/Phone), Passport, Aadhaar, Bank Statement.
Income Proof:	Bank statement or passbook from the past 2 years.
📊 Financial Proof:	Income Tax Returns (last 2 years), Balance Sheet, P&L A/c, Last 3 years’ audited financials, Last 6 months bank statements, GST Challans, Tax Audit reports.
🏢 Proof of Business Continuity:	Proof of business ownership (Sole Proprietorship, Partnership, Company, etc.).
🎂 Proof of Borrower's Age:	PAN Card, Passport, or Voter ID.
📜 Collateral Documentation:	Full set of documents for the collateral pledged, including assets, securities, or business as per agreement with the bank.

📄 Application Form:

Fully completed and signed form with accurate details.

📸 Passport Size Photos of All Borrower(s):

Must be attached to the application form.

🆔 Valid Identity Proof of Borrower:

PAN Card, Aadhaar Card, Passport, Voter ID, or Driving License.

🏢 Business Identity Proof:

Varies by business type (Sole Proprietorship, Partnership, Company). Includes MSME UDYAM, GST Reg, IE Code, FSSAI Reg, GCC Reg, Company IT Returns, Utility Bills, Incorporation Certificate, Company PAN , MOA, AOA, Certified Partnership Deed, Partners/Directors list. The documents may vary upon the entity.

📍 Valid Address Proof of Business:

Passport, Utility Bills (Electricity/Telephone, <3 months old), Trade License, Lease Agreement, GST Certificate, etc.

🏠 Valid Proof of Borrower's Residence:

Utility bills (Electricity/Phone), Passport, Aadhaar, Bank Statement.

Income Proof:

Bank statement or passbook from the past 2 years.

📊 Financial Proof:

Income Tax Returns (last 2 years), Balance Sheet, P&L A/c, Last 3 years’ audited financials, Last 6 months bank statements, GST Challans, Tax Audit reports.

🏢 Proof of Business Continuity:

Proof of business ownership (Sole Proprietorship, Partnership, Company, etc.).

🎂 Proof of Borrower's Age:

PAN Card, Passport, or Voter ID.

📜 Collateral Documentation:

Full set of documents for the collateral pledged, including assets, securities, or business as per agreement with the bank.

Managing cash flow effectively is essential for business stability. Apply for a Working Capital Loans & Keep Your Business Thriving! KFIS Trusted Finance Solutions provides businesses with the right financial support to grow and cover operational expenses, supplier payments, and payroll management. Ensuring smooth cash flow helps maintain seamless business operations and long-term success.

A working capital loan helps bridge short-term financial gaps, allowing businesses to meet daily requirements without disruptions. KFIS Trusted Finance Solutions offers competitive interest rates and flexible repayment options, making financial management easier. Whether handling unexpected costs or seasonal changes, access to reliable financial solutions ensures steady business performance.

KFIS Trusted Finance Solutions streamlines the application process, ensuring quick approvals and hassle-free financial assistance. Apply for a Working Capital Loan & Keep Your Business Thriving! Strengthen financial stability and achieve sustainable growth with the right financial support today.