Working capital loans are provided for financing everyday operations of a company and used to cover or build-up current assets like inventory, stock-in-trade, accounts receivables, etc., Companies that have high seasonality or cyclical sales cycles usually rely on working capital loans to help with periods of reduced business activity. Various types of bank facilities fall under working capital facility. Some of the types of working capital facilities are cash credit, overdraft, letter of credit, bank guarantee, packing credit, post shipment finance and bill discounting.
Accuracy Business is the largest business services platform in India, offering a variety of services like working capital syndication, CMA report preparation, company incorporation, trademark registration, GST registration, income tax filing and more. Accuracy Business can help you syndicate working capital loan for your business. Get a free consultation for working capital loan syndication through Accuracy Business by scheduling an appointment with an Accuracy Business Services.