Warehouse Financing

Warehouse Loan is the only available option for small-scale businesses to medium-scale business retailers or wholesalers. Although the collateral required for the Warehouse Loan can be held in warehouses near the borrower or public warehouses that the financial institution sanctions, it is managed by a separate third party. Typically, the lender assigns a manager for the collateral who also issues the warehouse receipt for the borrower. The warehouse receipt certifies the quality and quantity of the commodities.

• You can easily access your loan account using the online portal. All the information regarding your loan is tracked and available on the portal.
  

• The Business Loan interest rate starts from as low as 18% per annum.

• Compared to other financing options, Warehouse Loans are cheap due to their secure lending procedure.
  

• Your commodity business can enhance credit rating, secure a potentially larger loan, and decrease borrowing costs while availing of a Warehouse Loan.

• Your address proof such as Ration Card, telephone bill, electricity bill, Passport, trade license, lease agreement, or any other government-issued document that proves your address.

• Financial documents: 

1. Income Tax Returns
2. Bank statement of past 6 months
3. Profit and loss statements and balance sheet of past 2 years that a Chartered Accountant has audited

• Proof of business ownership includes registration documents or other proof of business ownership, including payment receipt of municipal tax, IT returns, electricity bill, PAN Card, etc.

Warehouse Loans are specifically tailored to suit the needs of small-scale and middle-scale business owners. If you're looking for financing for your business, you can opt for Business Loans available on Bajaj Markets. They come with competitive interest rates, flexible repayment, and hassle-free application procedure.