Moneyplus Secured Enterprise Loan

Moneyplus Secured Enterprise Loan is to serve small businesses, self-employed segment like traders, retailers, small manufacturers & services providers who require higher capital to improve their operational & working capital capacities.

Who can avail
Moneyplus Secured Enterprise Loan is for Small retailers, traders, manufacturers & service providers
Loan Amount
Rs. 1,50,000 to Rs 15,00,000.
Repayment Period
12 months to 36 months
Purpose of the Loan
To enable businesses to improve their operational & working capital capacities.
Security Required:
To be secured against receivable, investments, inventory, property, personal assets and machinery.
Interest rates
22% – 26% per annum
Prerequisites and Process
  • Annual sale should be atleast Rs 12 lakh in case of trading entity.
  • Loan must be secured against Property, personal assets. End use of loan should be only for Business purpose.
  • Client’s bank statement analysis of previous 2 years will be done to ascertain creditworthiness.
  • Reputation Survey of the client will be conducted in his area to have an idea about the general conduct for payment of loans.
  • Loan Repayment needs to be done on Montly Basis thru EMI.
  • Regular cash flows would be ascertained by on site team to ensure timely repayment.
Documents Required
  • Application form.
  • 1 Photograph each of Applicant and Co-Applicant.
  • Income Details: IT returns, Balance sheet & P/L account statement for the last 2 years with Annexure, Form 16 A/Cash Flow report from the onsite team.
  • Bank account statements for the last 6 months.
  • KYC documents of applicant as well as co-applicant.
  • Business vintage for 2 years.
  • Business Proof: Certificate of practice.
QUICK CONTACT
  • REGISTERED OFFICE

    906, 9th Floor, Arunachal Building, 19, Barakhamba Road, Connaught Place, New Delhi-110001

    Phone: 011-49032395

  • CORPORATE OFFICE

    122, IInd Floor, Institutional Sector-44, Gurugram,
    Haryana - 122003

    Phone: 0124-4342000

  • Helpline No.

    0124-4342000

  • EMAIL

    care@moneyplusfin.com

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