Loan for Online Sellers: - Fund to expand the business
Step 2: We will connect with 21+ Bank and NBFC with your proposal.
Step 3: We will submit required documents and negotiate.
Step 4: Loan approved.
Loans under Standup India are provided only to individuals who comply with the following criteria:
- Must be over 18 years of age.
- Applicant should be an Indian citizen
- Minimum Turnover 1 Lakhs per annum
- Business is operating from last 1 years
- The applicant must not have defaulted on any other bank/NBFC’ s loans.
With AKT, you can put an end to tedious documentation. All that you need are:
- Promoters/Proprietor/Partners KYC such as PAN Card, Aadhar Card and Address Proof.
- Business KYC such as Pan Card of business (If any), Partnership deed/ COI/ Shop & Establishment certificate.
- Address proof for Business such as Rent Agreements, Lease deed, Electricity bill, etc.
- 12 month Bank Statement.
- 2 years IT return with Balance Sheet and P&L.
- GST return for 1 year (If available).
- 1 Canceled Cheque of currentl A/c
- Last 1 year IT Return with Balance sheet and Profit & Loss A/c
Note: – In case IT returns are not available we can help to prepare it for a separate fees.
- No collateral or security is required.
- Best option for short time working capital requirement.
- Best funding option for for e-commerce dealer.
- Easy EMI repayment.
- Quick 5-10 days processing.
- 5-10 working days
- Extensive network of Banks, NBFC and Individual lender on P2P basis.
- Quick turnaround time
- Faster Loan approval and disbursment
- End to end expert support from documents to disbursement
Loan for online sells- An Introduction
Loan for online sellers is a latest mode of finance for E-commerce dealer, who sells goods using online platforms such as Amazon, Flip-kart etc. A collateral free loan can be taken against monthly turnover dealer to fund their short-term loan requirements or to meet working capital requirements. AKT Associates can help you to get faster approval of Loan through its extensive network of Bank NBFCs & individual lenders from the lending board.
Let It Clear The Confusion
What is the rate of interest charged on loans availed under this scheme?
The Interest Rate charged will depends on credit rating and nature of business which can vary from 1.5% to 2% per month
How the loan will be paid back?
You need to maintain a Bank Account and EMI will be deducted from the amount received from the bank. Or The lender can have an arrangement with online platform such as amazon or Flipkar and they will pay you after deducting the EMI. In third option you can choose to pay your EMI separately.
For what purpose I can use this loan?
You can use this loan for buying more stocks and to meet up working capital requirements.
Why should I take this loan?
The one of the most obvious reason is that it is a no collateral loan further it is quickly processed and ideal for online traders who has frequent requirement for working capital.
What is the maximum term for repayment?
The term is maximum 6 Months or 180 days.
What is maximum Loan amount funded?
The maximum loan amount is Rs/- 1 cr or two times of monthly sales whichever is more.
Why AKT Associates
We are handling more than 1500+ successful clients and providing them with services which covers Legal, Technical, Taxation and other business compliance part. That all says a lot on our ways of working and our expertise in the area.
Experience- That Matters
At AKT associates we have been our client’s obvious choice since more than 20 years. For serving you with the best results we use our experience of decades which has exposed us with deep understand
Efficiency-That reflects in everything
With a strong team which comprises of experts with qualification like CA, CS, MBA & LLB and they will all available with the wholesome result, with dedicated customer service team and support staff. We are always there to execute your work efficiently
Cost- That saves a Lot
We touch the top position not just because we are the best in what we do but also because we know the value of your time and money. We know the value of your time so all the work by AKT Associates is performed on time and at around 70% less cost in comparison to all the other leading firms of the market that too without compromising on the quality aspect.
Conveniences-That says a Lot
The services of the firm are performed and delivered by using the cutting edge technology which makes the AKT Associates always available & deliver services right in your email. So it doesn’t matter where you are because we are always at your finger tips.