SME loans are normally used by small and medium enterprises, who are keen on expanding their existing business or need to invest in a new business against the borrowed amount. At MAS Financial Services, we are committed to aid businesses with adequate loans for expansion, procurement of machinery and the like.

Loans to Small and Medium Enterprises to fulfill their working capital requirement

  • Loans given to small and medium enterprises for fulfilling working capital requirement
  • Ticket size ranges from 5 Lacs to 5 Crores
  • Loan tenure up to 36 months
  • The interest rate for the product ranges up to 24%.
  • Usually utilized for stocks, extending more credit or replacing trade credit and for replenishing working capital used for consumption.
  • Hassle free loans: Quick turnaround time
  • Facility to have limit based loans.
    WCL loans are extended to small and medium sized dealerships, distributorships, traders, manufacturers, and service providers across various industry clusters in the market.
Customer Profile :
  • Small and medium sized manufacturers, dealers, traders, and service providers engaged in various industries.
Minimum Business Vintage
  • 3 years
Property Ownership
  • Ownership of at least 1 property is mandatory
  • Photograph - Latest Color Photograph
  • Identity proof of promoters (Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document + Photograph / Bank Sign Verification + Photo
  • KYC documents of Firm
  • Income Proof - Audited/ Unaudited financial statements with all schedules / ITR of last 3 Years
  • Bank Statement – Last 1 year bank statement of all bank accounts
  • Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any

*MAS reserves the right to ask for additional documents