How to apply for Merchant Cash Advance?
Advantages of Loan Against Card Swipes?
- No security required
- Convenience of services at your doorstep
- Repay with easy EMI
Minimum Requirements for Loan Against EDC Swipes
MINIMUM CREDIT CARD SWIPES
MINIMUM MONTHLY CARD VOLUME
₹ 1 Lakh
MINIMUM CARD ACCEPTANCE VINTAGE
Documents required for Credit Line
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
Frequently asked questions
- How much is your card sales monthly
- How much Loan do you need
- The tenure of the loan
- What is your credit score of your company
- Company vintage 3 years
- Company card sales history 1 year
- Minimum 6 settlements per month
- Minimum card volume per month ₹ 1 Lakh
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What the press is saying about us
What our clients are saying?
1000+ Happy customers trust LegalRaasta Services
Best customer service!!
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.
COO, CaterWow Pvt. Ltd
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.
Founder, Shiksha Learning Academy
Lean and Simple Process!!
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.