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BILL DISCOUNTING

Eligibility:-

  • Applicant’s business must have minimum operational history of 2 years
  • Applicant’s customer should be in the business for minimum 2 years
  • Both should have business relationship for minimum 6 months
  • Applicant’s minimum annual turnover must be Rs 1 Crore
  • A satisfactory credit track record

Features:-

  • The Loan tenure between up to 3 months
  • Loan amount up to 100% of the invoice value
  • Loan amount up to Rs 3 lakh per applicant

Required Documents:-

  • KYC documents of the applicant and the organization
  • ITR – Financial documents for the last 2 years
  • Bank statements for the last 12 months
  • Loans or overdraft sanction letters (if any)
  • VAT/ Salex tax returns for the last 6 months
  • Property Papers of either Residential/Business Premises in the name of self or immediate family members.

Apply For Loan

Take your next step towards self reliance, a better job and a better chance to contribute your skills and experience in your business with Prestloans.