What is Merchant Cash Advance or Loan Against Card Swipes?
Merchant Cash Advance or Loan Against Credit Card Swipes or Loan against EDC Sales provides power to the retailers to take Loan Against Card Sales. These loans can also be helpful to merchants like you who want to acquire working capital to execute and expand business operations.
Maximum Loan Amount
₹ 2 Crores
6 Months to 2 Years
How to apply for Merchant Cash Advance?
Fill simple application form
We are coordinating
with 30+ banks / NBFCs to get your application.
We get the best rates for you.
Loan is approved and amount credited.
Advantages of Loan Against Card Swipes?
☞ No security required.
☞ Convenience of services at your doorstep.
☞ Repay with easy EMI.
Minimum Requirements for Loan Against EDC Swipes
MINIMUM POS SWIPES
₹ 1 Lakh/Month
MINIMUM CARD ACCEPTANCE VINTAGE
Documents required for Merchant Cash Advance
CURRENT ACCOUNT STATEMENT OF 12 MONTHS
VAT RETURNS TILL THE LAST FINANCIAL
1 CHARGE SLIP OF ALL EDC TERMINALS
COMMERCIAL ADDRESS PROOF
ELECTRICITY BILL / PROPERTY TAX
6 MONTHS BANK STATEMENT
1 YEAR EDC SALE BANK STATEMENT