Loan Against Electronic Payments (LAEP)/Working Capital Loan

Running a business that accepts electronic payments (mostly via swipe machines) has become imperative in modern times. If you feel that this might affect your finances, then guess what – Clix Capital has got the perfect solution for you in the form of working capital loans, or loan against electronic payments. 

 

Now, with this service, we’ll give you loans almost instantly against the electronic card payments you receive at your store. This will help you attain the funds you require and grow your business with every swipe! We provide numerous benefits to ensure that your business isn’t impeded while growing.

Now say no to bulky EMIs, because you can pay your EMI every day, with your daily sales recorded via your swipe machine.

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Here’s What Clix Has To Offer!

What documents do I need to submit with my working loan application?

Completed Application Form

  • We will provide you with a run-of-the-mill application form to detail out all the information we need before processing your business loan request.

Passport-Size Photograph

  • This photograph should be fairly recent and indicative of your current physical appearance.

Identity (ID) Proof

  • This can be either your Aadhaar Card, PAN Card, or Government ID (if you happen to be a government employee).

Address Proof

  • Your Aadhaar Card is the go-to document here. In case your current address is not updated in Aadhaar card, one certified copy of any Official Valid Document (OVD) is required. These OVDs are either your Passport, Voter ID, or Driving License. Your Utility Bills from the last 2 months may also apply here.

Financial Documents

  • PAN Card – For Firm/Company/Individual(s) applying for the loan
  • GSTIN
  • 6-months bank statement
  • Proof of continuity of business of 3 years (ITR/trade license/establishment/sales tax certificate)
  • In case you are applying for loans above Rs. 20 lakhs, you will additionally have to provide a copy of the most recent Income Tax Return form along with computation of income, audited balance sheet and profit & loss account for the previous 2 years

*Please note that while only scans or photocopies of your documents are required while applying for a loan, you might want to carry original documents in case of verification. Approving the loan application is at the sole discretion of Clix; we might ask for further documents for a more thorough assessment of your loan.

How Do I Apply For a Loan?

Fill the form
  • Fill out the application form. It takes only 3 minutes!
Answer your phone
  • Have a quick chat with our representative to learn about your working capital loan.
Hooray
  • Sit back and relax! You are on your way to secure a loan against electronic payments / working capital loan.

FAQs

How do I avail a LAEP / working capital loan from Clix?

There’s a space at the top and bottom of this page to put in your phone number. Just provide the same and our customer representative will speak with you shortly to get a working capital loan online!

What will be the tenure, down payment, EMI, and interest rate for my working capital loan?

At Clix Capital, you can choose from customized repayment (EMI) and down payment options. The best part about LAEP is that you can pay daily loan installments, instead of monthly installments. However, the interest rate of your 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.

Do I need any collateral to avail this loan?

Not at all! There is no additional collateral or guarantors required to have your loan application approved.

How can I reach out to Clix for any other information on my loan against electronic payment?

Just call us on our toll-free number at 1800-200-98-98 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 a LAEP / working capital loan.

What is the schedule of charges at Clix?

Answer: Read about our approach for determining interest rates, processing and other charges here.

Click here to keep your business growing

Apply for a simple, fast, and accessible loan against electronic payment from Clix!

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