Apply for Loan for Transporters Now!
Loan for Transporters is a loan which specially designed only for transporters or commercial vehicle owners. This is one type of secured overdraft or Cash credit loan..
Loan for Transporter are typically offered as an Loan facility agaisnt your commercial vehicle to bank or finance. You can draw money from the account, and you pay interest only on the loan amount you use and for the period you use it.
There are mainly 3 types of loan. 1. Fuel Loan- Loan for Fuel filling, 2. Cash Credit against Vehicle- Credit Line based on Vehicle valuation, 3. Tyre Loan- Loan for Tyre purchase.
Anyone who have commercial vehicle.
Normaly it takes Maximum 10 Days if all the evaluation and documentations are correct.
Minumum 4% to Maximum 10 % depend on applicant profiles and scorecard.
There are no exactly time frame. You can use the loan value and pay the interest until you close it.
Getting a Loan for transporters from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our Loan for Transporter application, then all processes will be completed by our side.