K&S Loan Mentors
K&S Loan Mentors is connected with all the BANKS and NBFC’s
K&S Loan Mentors is connected with all the BANKS and NBFC’s
Lowest Interest Rates – Calculate EMI – Check Eligibility – Instant e-Approval – Special Offers
Also known as warehouse financing, a warehouse loan is a type of financing facility that banks offer by taking custody of the existing goods/inventory of the borrower. When this loan is approved, the goods/commodities on which the bank has offered the loan will be transferred to a warehouse managed by a trustworthy third party of the bank/lender. When a buyer comes to purchase those goods from the borrower, the lender will receive the money from the buyer and the amount got will be deducted from the borrower’s loan amount.
An auto loan is among the most bought loans across the globe. This type of loan is given for the
purchase of a new or second-hand vehicle, i.e., a four-wheeler or a two-wheeler. Both commercial
and private vehicles can be bought by taking an auto loan. While applying for the loan, you need to
specify the type of vehicle you are buying, and it will serve as collateral until the last EMI of the loan
is cleared. It is available at affordable interest rates and the process is lightning-fast.
If want to apply for a Warehouse Loan, you must meet the following criteria.
| Age Limit | The applicant should be min 21 years & max. 65 years. |
| Income | Business should be profit making at least for the past 3 years |
| Turnover | Rs. 250,000 p.a. should be the minimum annual income |
| Co-applicants | Business should be profit making at least for the past 2 years |
| Audited | We accept only audited financials by CA. |
| Cash flow | On the other hand, we denounce with righteous indignation. |
| Type of the Business | Proprietorship, Partnership, Pvt.Ltd. or Public Ltd. |
Your entire borrowing process simple and user friendly You can get your loan funded in as little as 48 hours
We will customize a loan based on the amount of cash your company need term length
We will customize a loan based on the amount of cash your company need term length
We will customize a loan based on the amount of cash your company need term length
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Here are the answers to some of the warehouse loan common questions.
No, it is given to commodity-based businesses which are running for at least 3 years.
The collateral for this loan will be the inventory of the borrower.