Also known as Merchant Cash Advance or Loan Against Card Receivables, Merchant Financing is a short term loan to address working capital needs. If you are a retailer or a merchant establishment with POS machine looking to raise capital, then look no further. Under Clix Capital's Merchant Financing Solutions you can avail working capital financing to execute operations without lengthy financials & a substantial credit footprint.
Clix's Loan Against Electronic Payment product is targeted at any customer facing outlet having a POS machine for greater than 12 months.
|Main Applicant Non Individual||If Main Applicant is Individual, company details||Main Applicant Individual||Co-applicant 1||Co-applicant 2|
|Application form||Application form including cross signed color photograph of main applicant (if individual) and all co-applicants. .|
|Age, ID and Signature Proof (multiple document options)||Yes||Yes||yes|
|Address Proof- individual (multiple document options)||Yes||Yes||Yes|
|Address Proof – non individual (multiple document options)||Yes|
|Proof of Business Existence (multiple document options)||Yes|
|Proof of Business Ownership||Yes|
|12 Month Banking||Yes|
|If loan amt> 30 lakhs: 2 years financials + VAT returns for at least 2 Quarters||Yes|
You can get in touch with us by filling up the form on our website or call us at +91 124 330 2000.
The initial criteria are mentioned in our qualification section. We hope to get in touch so our team can guide you further.
The loan quantum is decided based on a few factors such as your requirement, credit assessment and other financials mentioned in the criteria section.
A portion of the daily POS Settlements go towards the daily repayment of the loan.