There is a retail boom in the country. Further these days more and more retail sales are paid for by credit cards. Credit card swipes have become an integral part of every retail business. In the coming years the percentage of Credit Card sales is going to keep on increasing as against payment of cash.
We can arrange for Overdraft facilities and term loans against the future credit card swipes. There will be no requirement of any collateral. Further the moment a card is swiped your account will be credited and you can save interest costs.
Any business having credit card sales of more than 24 lacs in the last 12 months, sales of over 40 lacs and profit in the last year can avail of this facility.