Purchase Finance
Purchase Finance – Power Your Business Purchases with Ease
Running a business requires timely purchases—whether it’s raw material, inventory, or equipment. MCPL’s Purchase Finance solution helps you manage your working capital by offering short-term financing for your business purchases.
Key Features:
- Loan Amount: ₹50,000 to ₹25 Lakhs
- Purpose: To fund purchase of goods, inventory, raw materials, etc.
- Disbursal: Directly to supplier or into your business account
- Interest Rate: Competitive & customized
- Tenure: 30 days to 180 days (renewable on request)
- Repayment: Bullet repayment or flexible EMIs
Who Can Apply:
- Retailers, wholesalers, traders, and manufacturers
- Sole proprietors, partnership firms, companies, etc.
- Businesses with valid purchase orders or invoices
Documents Required:
- KYC of Business & Promoters
- GST Registration
- Business PAN & Bank Statements (last 6 months)
- Audited financials / ITRs
- Purchase Orders / Supplier Invoices
Why Choose MCPL?
- Fast & transparent processing
- Improve your vendor relationships by making timely payments
- Boost your cash flow without dipping into reserves
- Option to convert short-term credit into a term loan if needed
Apply Today & Keep Your Business Moving!
