Is it possible to acquire business financing without any down payment? - PowerPoint PPT Presentation

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Is it possible to acquire business financing without any down payment?

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Are you wondering whether or not you can secure a business loan without a down payment? Here is the answer. – PowerPoint PPT presentation

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Title: Is it possible to acquire business financing without any down payment?


1
Is it possible to acquire business financing
without any down payment?
2
When does the lender ask for a down payment?
  • When your credit profile is average, or you lack
    crucial business documents.

3
Can I secure business financing without a down
payment?
Yes, if you meet a few criteria.
4
Well-researched plan
  • Show your lender a data-backed business plan.
  • The plan must include a sales forecast, future
    projects, and so on.

5
Sufficient cash inflow
  • Sell obsolete assets and avoid stockpiling to
    increase business cash flow.
  • Maintain liquidity in your business.

6
Assess your needs
  • Apply only for the amount your company requires.

7
What are some zero-down-payment financing options?
8
Term business loans
  • It is a short-term loan with a maximum repayment
    period of 36 months.

9
Line of credit
  • Only the funds used are subject to interest.
  • It is a revolving credit offered based on your
    credibility.

10
Loan against invoices
  • Funds are offered in exchange for an outstanding
    invoice payable.

11
Equipment Financing
  • It is a kind of secured loan.
  • You can use this loan to purchase cost plants and
    machinery.

12
Working capital finance
  • The funds are backed by underlying inventories.
  • The loan assists in meeting operational costs.

13
You can secure funds for your business without
making a down payment if you have a good credit
profile and a profitable business. 
14
Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel 18001024145
Email customer.care_at_herofincorp.com
Website https//www.herofincorp.com/
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