Check Eligibility
Check your loan eligibility
Apply for Credit
Procure raw materials for your business at the right price with our working capital finance solution
Get Started Today
To apply for Zarea's Credit Program. Please create an account or login if you already have an account.
How does Apply for Credit work?
Play Video
Apply for Credit Benefits
Cheaper procurement
Pay your suppliers upfront and get raw materials at the best rates
Improved working capital cycles
Manage your working capital better by solving cash flow issues
Digital and simplified process
Apply for credit line online with a few clicks.
Collateral-free line of credit
The unsecured working capital does not require land, property, BG or any other collateral
Grow revenue and profitability
Reduce your input cost and book more profits
Instant disbursement
Receive funds against submission of supplier invoices instantly
Interest as per usage
The interest rate would be charged only for the exact amount and duration of use
Revolving credit
60-120 days rotation cycle to meet working capital needs
Eligibility & Required Documents
Apply with minimal documentation
Eligibility
Minimum turnover 3 crores
Business vintage 3+ years
Required Documents
KYC Details
Last 6 months of banking
Financials for previous 2 fiscal years
Taxation details for current fiscal year
1
Submit Application
Complete an online application form
2
Get Sanctioned
We will evaluate your application and propose a fair sanction
3
Receive Funds
Get disbursements within 2 days of sanction
4
Know about Apply for Credit
Purchasing Finance is the working capital financing solution provided to SMEs. Due to a lack of cash flow, SMEs are forced to buy raw materials at higher prices and tend to lose opportunities from reputable customers. In such situations, SMEs can consider purchase finance solution to bridge the working capital gap. It will help the SMEs get cash discounts on raw materials by making upfront payment to suppliers and also aids in the growth of the enterprise both on the bottom line and on the top line. Purchase financing solution enables enterprises to meet short term finance needs. Zarea offers smart business financing solutions such as purchase finance to its clients at low-interest rates. It is a 100% digitized hassle-free process with no hidden charges.
Frequently Asked Questions
Purchase finance is a working capital loan offered to SMEs for purchasing raw materials on advance payment terms.