Raw Material Financing
Power to Trade, Grow and Expand
The raw material is the base substance which has to be processed or modified with machineries to get the finished product. It may be chemical, steam or any other industries. Purchase of raw materials (both indigenous & organic) is mandatory to do their business operations. Similar to machinery loans, you can get raw material financing from banks and other financial institutions.
The loan procured for raw material purchase should not be used for capital expansion activities like purchasing new machineries. If you are in need of equipment or raw material financing for your business, our team of loan advisors will support you to earn the loan amount at best rates instantly.
Required criteria for obtaining a loan:
- The company has been trading for at least a year;
- The previous year ended with a profit;
- Positive net worth;
- No major tax delays.