Amir Azam
by on October 26, 2021

Working capital needs of any small business can be easily taken care of with Capital Float Business Loan. The lender gives Business Loans to small and medium businesses at attractive rates of interest ranging from 18% p.a. to 24% p.a. 

One can avail of up to Rs. 50 lakhs for a loan term of up to 3 years and can be paid off via flexible repayment options. 

The processing fee of Capital Float Business Loan is also nominal since it is just 2% of the loan amount. Read on to know more about the financial product to turn your business into reality. 

Features and Benefits of Capital Float Business Loan 2021  

Capital Float Business Loan 2021 comes with many benefits. These benefits are stated below: 

  • High Loan Amount 

The loan amount available under the Business Loans from Capital Float can range from Rs. 5 lakhs to Rs. 50 lakhs. 

The precise loan amount will depend on your credit score and repayment capacity or the organization as the case may be. 

  • Repayment Term 

Capital Float extends flexible repayment options for the loan taken. The loan term can be chosen from a minimum period of 1 year to a maximum of 3 years. 

  • Interest Rate 

The Capital Float Business Loan interest rate ranges from a minimum of 18% p.a. to 24% p.a. Even though, the final rate of interest depends upon your credit profile, similarly, the amount of loan and the tenure of the loan too. 

  • Instant Disbursal 

Capital Float Business Loan 2021 are disbursed instantly once your application is submitted and the verification of your documents is completed to the satisfaction of the lender. 

The lender disburses the loan amount within 3 days as soon as the approval takes place. Thereby, you can be assured of immediate financial assistance in case of emergencies. 

  • Lower Credit Score 

The lender extends the Business Loans at lower credit scores too as against the norms of most banks where loans can be approved only if your credit score is good or above the minimum threshold set by them in this context. 

You can avail of Capital Float Business Loan if your credit score is a minimum of 650. 

  • Digital Process 

The Business Loan application and disbursal process of the lender is entirely carried out digitally. This enables the process to be powered up and makes sure it to be a hassle-free process for you. 

  • Collateral-Free 

The moneylender doesn’t ask you for any collateral against the loan amount. This makes sure a wider customer base and enables more small businesses to attain the benefit of financial support by means of the Capital Float. 

Eligibility Criteria for Capital Float Business Loan 2021 

Capital Float Business Loan eligibility criteria are quite similar to those of any other NBFC in India. The fundamental eligibility requirements are stated below: 

  • Your minimum age must be 21 years. 
  • Your maximum age must be 65 years. 
  • According to the definition of SME businesses, also you must possess a small business and it should be operational for at least 3 years. 
  • You also need a minimum prescribed credit score of 650 from a competent rating authority. 
  • Your business must show a profit for the past 2 years and also must have a minimum turnover of Rs. 1 crore. 
  • You must be the owner or partner or promoter of the entity as the case may be. 
  • You must have filed GST returns of your business for the last 6 months. 
  • You must have bank statements for the past 6 months of the business. 

Documents Requirement for Capital Float Business Loan 2021 

Capital Float Business Loan documents requirements are quite nominal. Take a look at the fundamental documents that you will need to attach along with your Business Loan application: 

  • Identity Proof 
  • Address Proof 
  • Past 6 months’ bank statements 
  • Income proof 
  • Past 6 months’ GST returns 
  • Past 6 months’ VAT returns 
  • Past 2 years’ financial statement 

Application Process for Capital Float Business Loan 2021 

The Capital Float Business Loan application process is entirely digital. You can follow the below-stated steps to carry out the lender’s Business Loan application procedure: 

  • Visit the official portal of Capital Float. 
  • Click on the ‘Apply Now’ option. 
  • Register with the website. 
  • Key in your essential details. 
  • Authorize the customer care representative of Capital Float to contact you for further proceedings associated with your Business Loan application. 
  • Upload the required documents while submitting the application form. 
  • After the review of your Business Loan application and attached documents, your loan will get sanctioned if it meets the criteria set by the lender. 
  • The loan will get disbursed to your bank account within 3 days of the application (if approved). 


To conclude, Capital Float is a preferred moneylender by many across the nation when it comes to avail of financial assistance in form of loan for small business. Yet, you must not finalize until you carry out the smart study across the product alongside comparing it with other lenders’ Business Loan offers. 

Posted in: Loan
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