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 received
1 charge Slip of all EDC terminals
Commercial Address Proof
Electricity Bill / Property Tax
6 Months Bank Statement
1 year EDC sale Bank Statement
What our clients are saying?
1000+ Happy customers trust LegalRaasta Services
Best customer service!!
I am very satisfied with the services and business relation with LegalRaasta. It was easy and simple to get any information regarding loan from them. Timely disburse of loan and well described loan application are the key highlight of the company.
Software Engineer at Manhattan Associates
Great Service & Speed!!
I had taken loan for the first time online. Instant assistance and patience from team LegalRaasta helped me apply and get loan easily. Will definitely recommend LegalRaasta for online loan.
Founder, Shiksha Learning Academy
Lean and Simple Process!!
I had to just fill 1-one at LegalRaasta. They automatically searched across 50+ partner banks and NBFCs and gave the best deal to me. They saved me a lot of effort and cost.
Nitin Bhatia, COO, CaterWow Pvt. Ltd.