Loan Against Stock and Receivables/Working Capital
Our Bank provides cash credit loan facility for working capital to meet short term funding requirements.
Brahmadeodada Man Co-op Bank consists of highly experienced professionals who are committed towards understanding your business needs and develop a long term satisfying relationship.
75% of stock and Receivables
Maximum Repayment period is 12 Months (To be renewed every year)
Help to improve your Business by our finance team.
Service Charges and Share money will be as applicable.
Collateral security required as per Banks prescribed norms.
All information related to business /Brief history and profile of Company and its promoters
Bank Statements for last 12 months of all existing loan /OD accounts
Audited Financials for last three financial years.
Sanction Letter of an existing bank limit (if any).
Any other documents as required by the bank at a later stage
ROI Up to Rs 5 Lac 16.50%
Above 5 lac up to 25 Lac 15.50%
Above 25 lAc to 50 lac 15%
Above 50 lac 14%
Following Ratioes are important to check the liquidity & Financial health
|1||Debt to equity Ratio||Total Debt / Equity (Net Worth)||2:1|
|2||Return on Capital Employed (ROCE)||Net Profit / Net Worth * 100||12% to 15%|
|3||Return on asset (ROA)||Net Profit / Average Working Fund * 100||1%|
|5||Operating Ratio||Operating Expenses / Net Sales * 100||Higher ratio Indicates operational efficiency|
|6||Interest service coverage Ratio||Profit Before Interest and Tax / Interest Expenses||2.50% (Higher Ratio Indicates Better Ratio Financial health|
|Sr.No||ID Proof identity document||Residential Proof|
|2||Voter ID||Bank A/C Statement or Passbook|
|3||Driving License||Income/Wealth tax Assessment|
|4||Govt. / Defence ID||Electricity Bill|
|5||ID card of reputed Employer||Gas connection Receipt|
|6||Student ID||Telephone Bill|
|7||UID Card||Document Issued by GOI/State Gov/ Local Body|
|8||Other Photo ID||Letter from Employer/Recognized Public Authority|