Some businesses in India face significant difficulties in getting capital for their different company operations. Due to a lack of collateral, sky-high interest rates on business loans, and lengthy paperwork requirements, businesses are forced to seek other financing sources. A loan against POS is an alternative convenient lending option available to many business owners in India.
No matter the size and type of your business, if your revenue comes primarily from credit and debit card sales, Loan against those statements is a quick, hassle-free financing option to fund all your working capital needs. You can use the funds to expand your business horizontally and vertically, open another outlet, purchase additional stock items, meet the need for debt, or any other operational expense that you may have in mind.
Loans against POS machines are a viable option for businesses with a substantial amount of transactions happening through card swipes. The push toward digital transactions has made plastic money a primary factor in financial exchanges. In today’s time, more and more people prefer to use debit/credit cards for even single-digit transactions. If you are searching for a collateral-free business loan against a swipe/POS machine, Networth Advisory is your best bet in availing a hassle-free loan.
| Eligibility |
|---|
| Business must have a minimum operational history of at least 1 year |
Digital payments acceptance for at least 12 months |
Card sales volume of at least 3 Lakhs per month |
Say no to hefty EMIs! You can pay your EMIs daily, with your daily sales recorded via your POS machine.
Now apply for a Loan Against Card Swipe/POS Machine online, All you need to do is provide your details below application form.
