Working Capital Demand Loans
Secure an assigned credit limit with CredAble’s Working Capital Demand Loans and enjoy seamless access to cash flow whenever you need it.
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“CredAble” is a Trade Name for Equentia Financial Service Private Limited.
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What is CredAble’s
Working Capital Demand Loan?
Working capital demand loan provides access to collateral-free short-term working capital and offers a flexible repayment model tailored to your business’s requirements.
- Simple Application Process
- Collateral-free Credit Line
- Short-term Financing
- Flexible Repayment Options
Why should you apply for Working Capital Demand Loan with CredAble?
Simple
Application Process
Experience a quick application procedure
No
Collateral Needed
Secure a loan without providing collateral or risking your assets
Flexible
Repayment Options
Choose from a range of plans to match your specific requirements
Dedicated
Relationship Manager
Get personalised support every step of the way
How Credable's Working Capital Demand Loans Works?
Contact Us:
Reach us by completing the contact form available .
Dedicated Relationship Manager:
One-on-one conversation with your relationship manager to explore lending solutions for your business needs.
Document Verification & Credit Line Approval:
The documents submitted will verified and your business’ loan eligibility will be assessed, and a credit line will be approved.
Empower your Business with Smooth Cashflow:
Access funds on demand from your approved credit line and have the amount disbursed directly to your bank account within 48 hours.
Information needed to process your Working Capital Demand Loan
Document Checklist
Individual & Business
KYC details
Last 12 Months Bank
Account Statements
Last 3 Years Audited
Financial Statements
GST
Returns
CredAble Success Stories
Have more questions on Working Capital Demand Loans?
We’re here to help.
A Working Capital Demand Loan is a short-term collateral-free loan, usually extended through a credit line, that helps businesses cover their day-to-day expense. The on demand cashflow with multiple repayment options gives businesses flexibility and convenience.
| Feature | Demand Loan | Term Loan |
|---|---|---|
| Nature of Loan | Used for immediate cash needs with flexible repayment. | Used for specific projects with fixed repayment. |
| Credit Validity | Quick cash disbursement upon request | Instant credit upon approval |
| Repayment Schedule | Repayment terms are more flexible, often due to demand | Repaid over a specified period in instalments |
| Collateral Requirement | May or may not require collateral; often collateral-free | Generally requires collateral |
| Credit Validity | Usually short-term credit with a quick turnaround | Typically for longer-term credit needs |
Working Capital Demand Loan is a revolving-type loan. The repayment terms are based on the working capital cycle of the company and will vary for every borrower.
The time it takes to get approved for a demand loan will vary. However, demand loans typically have a faster approval process.
A Working Capital Demand Loan is a type of collateral-free business loan that can help businesses with day-to-day cashflow needs. Overdraft is a credit facility extended by banks that allows a customer to withdraw money from their bank account even after their balance reaches zero.
The eligibility requirements for a demand loan will vary depending on lending policies. However, you will typically need to have a good credit score and a strong financial history of your business.
To apply for a demand loan with CredAble, you can submit a request on our website. We will review your application and get back to you.
