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Loans for Merchant Establishments
This is a Funding to Retailers and Merchant Establishments on the basis of Credit card swipes. New merchant establishments (6 month vintage) can also be funded with certain conditions
Facility Offered :
- Overdraft for meeting working capital finance requirement
Acceptable collateral:
Self occupied commercial and residential property in the same city as that of the borrower
Eligible entities:
Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies
