K-12 Loans/ School Financing Loans
The Indian literacy landscape reflects an unmet need for good quality education in the demographic population of 5 to 12 year olds. By opting for a School Financing loan with Clix, you will give India’s younger generation a brighter tomorrow!
Our goal is to make learning accessible for one and all.
Clix understands the voice of educators who are willing to impart and drive learning. As a moral endeavor, education should not be limited by financial constraints. Therefore, we at Clix have an enhanced and personalized solution for you that has made school financing an accelerated, tireless process for you. Our K12 loans are designed for you to obtain the funding required to meet capital expansion requirements of your school. At Clix, we don’t just offer a loan against collateral but we do our bit in empowering India’s educational realm of academic landscape.
Is there any business facet that we missed?
Make an inquiry right away!
Unique Offers from Clix
Abundant Loan Buckets
We have school financing loans ranging from 50 lacs to 7.5 Cr to meet your wide array of financial needs.
Effortless Eligibility
Our expert Underwriting Team understands your business in a realistic way by finding the loan amount which will work out to be the best for you. We have a novel, unconventional process to categorize your loan eligibility which will help you candidly realize your business’s potential.
Flexibility of Collateral
We provide you with both Secured and Unsecured school financing loans, allowing you to choose what you’re most comfortable with!
Convenient Repayment
Our loan tenures can last all the way up to 10 years (5 in the case of unsecured loans), giving you ample time to pay off your loan amount!
Minimal Documentation, Speedy Procedures
We empathize with you, knowing you deal with enough paperwork every day. So we keep ours to a minimum and help you get your school financing done with ease, by taking you through speedy procedures.
Here’s What Clix Has to Offer
Large Loan Amounts
We have school financing loans ranging from Rs. 10 lakhs, all the way to Rs 7.5 crores to meet your financial needs.
Loan Amount Eligibility
Our expert Underwriting Team understands your business in a realistic way and derives at the loan amount, which will work out to be the best for you. We consider actual cash flows of the school, rather than analysing the traditional way of approving loans basis reported income methods.
Flexibility of Choice
Clix provides you with both secured and unsecured school financing loans, allowing you to choose what you’re most comfortable with!
Convenient Repayment Options
Our loan tenures can last all the way up to 10 years (5 in the case of unsecured loans), giving you ample time to pay off your loan amount!
Minimal Documentation
You deal with enough paperwork every day anyway, so we keep ours to a minimum and help you get your school financing done with ease.
Am I Eligible For A K12 Loan?
Are you at least 21 while applying for the loan (25 in the case of Unsecured K12 loans) and under 65 at the end of its tenure?
Is your business a Trust/Society/Section 25 Company?
Is your minimum business vintage of 5 years (7 if opting for unsecured K12 loans)?
At Clix, Reported Financials are not required for loans up to 200L and Reported Audited Financials are required for the last 2 years for loans above 200L.
Was your answer to these questions a “yes”?
Then Clix is glad to have you on board!
What Documents Do I Need?
KYC
Income Documents!
How Do I Apply For A Loan
Fill out
the application form.
It takes only 3
minutes!
Sit back and
relax! You are on
your way to secure a
K12 loan.
FAQs
How can I apply for a loan from Clix?
You can apply for a loan by :
- Clicking on the Application Form
- Calling us on our toll-free number at +91-120-6465400 between 9:30am-6:30pm from Monday to Saturday (barring public holidays).
- Writing to us at hello@clix.capital to resolve your queries around getting a K12 school loan.
What is the loan approval process and How soon can Clix fund my business?
After the Loan Application, the Clix team will conduct credit assessment and credit Bureau checks. If needed, additional information could be asked for completing the assessment.
Is there any restriction on the end use of my loan?
We are all about catering to your expansion needs! You can use the K12 school loan to construct a new building, renovate & repair existing structures, or expand the premises.
How can I reach out to Clix for any other information on my school financing loan?
Just call us on our toll-free number at +91-120-6465400 between 9:30am-6:30pm from Monday to Saturday (barring public holidays). Alternatively, you can also write to us at hello@clix.capital to resolve your queries around getting a K12 school loan.
Don’t worry, there are no consultation charges!
What will be the tenure, down payment, EMI, and interest rate for my K12 loan?
At Clix, you can choose from customized repayment (EMI) options. However, the interest rate of your school financing loan depends on various factors, such as the specifics of your application (including metrics like business health and income). We’ll tell you the final applicable interest rate once we go through your application form and all supporting documents. At Clix, we are transparent with it all.
What is the schedule of charges at Clix?
Read about our approach for determining interest rates, processing and other charges here.
Who is a Co-Applicant? Does every loan require a Co-Applicant?
A co-applicant means a person who applies along with you as a borrower of the loan amount. Applying with a co-applicant helps enhance your eligibility for a Loan.
Who is a Guarantor?
A Guarantor is a person who guarantees to pay for Applicant’s debt if he or she should default on the loan obligation
What is Loan to Value Ratio (LTV)?
Loan to Value Ratio is the quantum of loan compared to the cost of property.
