Nainital Bank offers easy Trade Finance Scheme for hassle free finance to retail traders.
If you are an existing trader/ business person/ service provider operating and earning profit for atleast two years, you may apply for the loan. If you are engaged in trade/ business/ service with any other activity like agriculture, manufacturing, construction or exports etc. you are also eligible for the scheme.
Working Capital Requirements: To meet day to day working capital requirement of the unit/establishment.
Term Loan: Acquiring/construction of premises, go-downs on ownership basis required for running the business/for repair, furnishing, renovating existing business premises and/or purchase of furniture & fixtures and for purchase of brand new equipments, business tools, computers, UPS etc.
Nature of Limit included :
- Cash Credit (hypothecation)
- Term Loan (Secured)
- Non-fund based limits (Bank Guarantee & LC)