A working capital loan is a type of loan that companies take for short-term operational needs. It could be costs such as payroll, rent, and debt payments. In other words, short term working capital loans are corporate debt borrowings that are used by a company to fund its daily operations.
No balance sheet needed
After first 6 EMIs
Straight into your account
This is a small ticket loan of up to 7.5 lakh, given for a period of 1 to 36 months. Here are some of its salient features:
Working capital term loans from Ziploan offer many features that can help your business grow. With a competitive interest rate and easy eligibility requirements, you can borrow up to Rs. 7.5 lakh.
Here are the benefits of availing of working capital loans for small and medium businesses.
To skyrocket your business, Ziploan offers easy working capital loans for small businesses up to 7.5 lakh at a competitive interest rate.
Our working capital loan eligibility criteria are simple to let more and more business individuals avail of the MSME loan amount.
| Proprietorship | Partnership | Pvt. Ltd. / LLP / One Person Company | |
|---|---|---|---|
| Bank statement (12 months) | ✓ | ✓ | ✓ |
| Business registration proof | ✓ | ✓ | ✓ |
| PAN Card | ✓ | ✓ | ✓ |
| Aadhar Card | ✓ | ✓ | ✓ |
| ITR of the previous two years | ✓ | ✓ | ✓ |
| Customized Interest Rates | Yes |
| Loan Tenure | up to 36 months |
| Pre-closure charges | Nil** after paying the first 6 EMIs |
| Eligibility Criteria | Annual turnover more than Rs.10 lakh |
| Loan Amount | ₹ 1 Lakh – ₹ 7.5 Lakh |
The small business working capital formula is:
Working Capital = Current Assets – Current Liabilities
The working capital formula tells us the short-term liquid assets available after short-term liabilities have been paid off.
Here are three steps process to working capital loan apply online from ZipLoan:
How do you calculate working capital loans?
The working capital requirement formula involves a simple subtraction of a company's current liabilities from the total assets currently owned by it.
What is the difference between working capital and term loan?
Working capital loans are short-term with a repayment period of a few months. Term loans, on the other hand, can be short, medium, or long term.
What are the three best sources of capital?
The three types of financial capital can influence your decision when you're analyzing your own business or a potential investment: equity capital, debt capital, and specialty capital.
How can I avail working capital loan from Ziploan?
Ziploan offers the best working capital loans in India. The application process is completely online. You can apply from our website or can use our app.
How much working capital finance can I avail?
You can get working capital loans for small businesses up to Rs. 1 Lakh to Rs. 7.5 Lakh from Ziploan.
