Working capital Loans

For smoother functioning of your business

Choose HFS Working Capital Loan

Choose HFS Working Capital Loan

Quick & Easy Process
The entire application process involves just 3 simple steps — call us at your doorstep, apply for a loan, and get the funds in your account once you’re approved!
Flexible Repayment Tenures
You get a long repayment tenure of up to 3 years for Working Capital Loans. Choose the type of loan, amount, and tenure based on your business needs.
No Collateral Needed
You don't need to put down any form of security against your loan. We’re happy to give you the funds you need as long as your business fulfils our basic criteria.
Balance Transfer Facility
In case your Working Capital Loan is secured, you can get rid of high-cost debts by transferring your loan at any time during your tenure.

It takes just 3 simple steps

Call us at your doorstep

Instant loan decisioning

Get funds in your account

How does it work?

Udhyam
Udhyam Business Loan
No security needed
You don’t need to mortgage any of your assets. As long as you’re eligible, you can avail unsecured loans easily.
Easy credit up to ₹25 Lakh
Increase the working capital in your daily business operations. Unsecured loans will give you credit up to ₹25 Lakh.
Repay your loan in 3 years
Our flexible tenure ranges from 1 – 3 years. Focus on your business operations while we take care of your funds.
Low interest rates
We offer loans at affordable interest rates. You can be sure that you’re getting the best deal in the market.
Doorstep service
Apply for a loan online and our executives will be happy to visit you for in-person assistance.
Secured
Secured Business Loan
Loan up to 70% of your property
In case of secured loans, you’re eligible to get up to 70% of the market value of your property.
Larger credit worth up to ₹1 Crore
As long as you have the necessary collateral, we can offer you a larger loan amount up to ₹1 Crore.
Minimum amount is ₹5 Lakh
When applying for a secured Working Capital Loan, the minimum loan amount is ₹5 Lakhs.
Low interest rates
Our secured business loans have a reasonable rate of interest which varies as per the total amount and tenure.
Balance transfer facility
With our Balance transfer facility, now you can get rid of your high cost debts by transferring your loan with our secured working capital loans at lower interest rates.

Meet various business needs

Stock up and expand inventory
Invest in raw materials to increase production
Pay salaries and other overhead expenses
Fulfil new orders and acquire new clients
Plan for sudden unexpected situations

Meet Various Business Needs

Get started with minimal paperwork

Self-Employed Individuals include Sole Proprietors and Partners/Directors in firms that are in the Manufacturing, Trading or Service sectors.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Business Continuity Proof:

Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns

Incorporation Documents:

Certified copy of Partnership Deed, Certified copy of MOA / AOA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Working Capital Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Private Limited Cos and Partnership Firms are those in the Manufacturing, Trading or Services sectors

Documents you need to submit:

Identity cum Business Continuity Proof:

PAN Card / S&E License / Tax Returns / Utility Bill

Address Proof:

Last 2 months’ Utility Bill / Registered Rental Agreement

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Incorporation Documents:

Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

Your company or partnership must meet our basic eligibility criteria to apply for a Working Capital Loan:

Documents required

Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Business should be in profit for the last 2 years
Self-Employed Professionals include Doctors, Chartered Accountants & Architects.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 12 months' bank statements / Last 12 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Working Capital Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Self Employed (Individuals)
Self-Employed Individuals include Sole Proprietors and Partners/Directors in firms that are in the Manufacturing, Trading or Service sectors.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Business Continuity Proof:

Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns

Incorporation Documents:

Certified copy of Partnership Deed, Certified copy of MOA / AOA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Working Capital Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Private Limited Cos and Partnership Firms
Private Limited Cos and Partnership Firms are those in the Manufacturing, Trading or Services sectors

Documents you need to submit:

Identity cum Business Continuity Proof:

PAN Card / S&E License / Tax Returns / Utility Bill

Address Proof:

Last 2 months’ Utility Bill / Registered Rental Agreement

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Incorporation Documents:

Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

Your company or partnership must meet our basic eligibility criteria to apply for a Working Capital Loan:

Documents required

Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Business should be in profit for the last 2 years
Self-employed (Professionals)
Self-Employed Professionals include Doctors, Chartered Accountants & Architects.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 12 months' bank statements / Last 12 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Working Capital Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000

Frequently asked questions

  • What is a Working Capital Loan?

    For smooth and efficient functioning of a business’ daily operations, working capital is essential. It enables a business to manage its everyday expenses as well as maintain steady growth. HFS offers business owners a loan to increase their working capital. If your business fits our basic eligibility criteria, you can apply for HFS Working Capital Loan and get funds in your account within 24 hours of loan approval.

  • How can I apply for a Working Capital Loan?

    Simply click here to apply for an HFS loan. After you fill in your details, one of our executives will contact you for a home visit and answer any questions you may have. If you meet our eligibility criteria, you will receive the funds in your account within 24 hours of loan approval*.

  • Is collateral needed for a Working Capital Loan?

    We understand that small businesses may not be in a position to mortgage their property against a loan. That’s why we offer Udhyam Business Loan which do not require a guarantor or any form of security. As long as you are eligible, we will provide you with credit up to ₹25 Lakh.

  • What is the repayment tenure for a Working Capital Loan?

    In the case of unsecured loans, we offer a flexible repayment tenure ranging from 1 – 3 years.

  • What is a Working Capital Loan used for?

    You can use your Working Capital Loan to invest in more stocks for your inventory, fulfil your orders, acquire new customers, pay overhead expenses like electricity and water, and even pay salaries of your employees.

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