Warehouse Financing

Warehouse financing helps businesses raise short-term funds by using stored goods as collateral. It is ideal for manufacturers, traders, and agri-businesses. Instead of selling inventory, they can keep it safe in a warehouse and borrow against its value. This ensures steady cash flow and smooth operations.

Warehouse financing is a form of inventory-backed loan offered by banks or financial institutions to manufacturers, processors, and trading companies. The loan is secured against goods or commodities stored in an accredited warehouse.

It is commonly used by small to mid-sized businesses to maintain cash flow without liquidating inventory. A third-party warehouse manager oversees the stored goods and issues a warehouse receipt, certifying the quality and quantity of the stock pledged as collateral.

Warehouse loans come with several features and benefits that attract small business owners. Some of the benefits of securing this loan on Bajaj Markets are given below:

• High Loan Amount: Financing of up to a maximum of ₹80 Lakhs, depending on lender policies, with business loan interest rates starting from 14% p.a.

• Flexi Loan Facility: Withdraw funds as needed and pay interest only on the amount utilised, potentially reducing EMIs significantly

• Collateral-backed Advantage: Since the loan is secured by warehouse-stored inventory, it often comes with better terms than unsecured loans

• Aligned Repayment Schedule: The loan repayment schedule can be structured to align with the business's cash flow cycle, offering greater flexibility in managing working capital

• Improved Credit Profile: Timely repayment can enhance your business credit rating and open access to larger credit lines in the future

Warehouse loan interest rates are competitive, making it a cost-effective financing option for small and medium businesses. Here are the interest rate and other charges of a warehouse loan on Bajaj Markets:

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

It is very convenient to get a Warehouse Loan. All you need to do is fall under the given eligibility criteria:

• You must be an Indian citizen

• You must be between 24 to 70 years of age with an excellent CIBIL score

• Your business must be operating for at least 3 years

Warehouse loans require minimal documentation. Here’s a list of commonly required documents:

• Identity Proof: Voter ID, PAN Card, Passport, Aadhaar Card, or any other valid government-issued ID

• Address Proof: Ration Card, electricity bill, Passport, trade license, lease agreement, or other official documents showing your current address

• Financial Documents: 
  • Income Tax Returns
  • Bank statement for the past 6 months
  • Audited profit and loss statement and balance sheet for the last 2 years
  • Udyam Registration Certificate (URC) 
  • GST returns
  • Business PAN

• Proof of Business Ownership: Business registration documents, municipal tax receipts or other supporting documents.

Applying for a warehouse loan online on Bajaj Markets is simple and hassle-free. Just follow these quick steps to get started:

1. Tap on the ‘APPLY FOR LOAN’ button on the page

2. Choose your profession, enter your mobile number, and pincode

3. Verify the mobile number with the OTP received on your number

4. Accept the terms and conditions after reading carefully

5. Click on ‘CHECK YOUR OFFER’ and wait for a representative to reach out to you regarding the next steps

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time, amongst other conditions.