Working Capital Loan Calculator
Every business needs working capital to ensure the smooth running of its day-to-day operations. There are times when businesses could face cash flow irregularities. At such times, it becomes pertinent to infuse capital to ensure that the operations continue running efficiently. To manage and understand how much additional financial capital is required in terms of Working Capital Loan, a working capital Loan calculator is a must. With Capitalneed.com Working Capital Loan Calculator, you can understand how much your monthly outgo is without worrying about missing any repayments and fulfilling all your additional capital requirements.
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EMI Amount = *
Working Capital Business Loan Interest Rates
| Types of fee | Applicable Charges |
| Rate of interest | 8.25% |
| Processing fees | Depending On Profile |
| Loan Amount | Upto 100Cr |
| Loan Tenure | 10 Years |
What is a Working Capital Loan EMI?
A Working Capital Loan caters to the working capital requirements of a company. This could be to meet urgent vendor payments, cater to seasonal demand spikes, purchase inventory, etc.
What is the EMI Calculator?
The EMI Calculator is an online tool that helps calculate your loan EMI before you begin the loan application process.
How to Calculate Working Capital Loan EMI?
You need to provide the following basic loan details under the respective sections:
- Amount of loan
- Repayment tenure
- Rate of interest
Based on the given details, your loan EMI is calculated automatically and displayed under the section ‘EMI Amount’.
Formula to Calculate Working Capital Loan Interest (EMI)
You can use the following formula to calculate the working capital loan EMI
EMI = [P x R x (1+R)^N]/[(1+R)^(N-1)]
Where,
‘P’ stands for the principal amount
‘N’ stands for tenure in months
‘R’ stands for the interest rate applicable every month
What are the Benefits of the Working Capital Loan Interest (EMI) Calculator?
You get an approximate idea of the EMI pay-outs throughout your Working Capital Loan tenure
- It is a time saver as it facilitates efficient loan planning
- The availability of an amortization schedule generates an in-depth outline of the loan availed
- Facilitates better planning of your operating finances
- Opportunity to opt for multiple schedules and choose your EMI instalment tenure
What are the Factors Affecting Working Capital Loan EMIs?
- Amount of loan: The higher your loan amount, the greater your EMI, and vice versa. However, the repayment tenure of your loan will also impact the overall cost of your loan.
- Interest rate: It is a vital factor in deciding your loan EMI. At Capitalneed.com, we offer competitive interest rates and are transparent about all costs associated with your loan. Thus, always look closely at all terms and conditions while availing of a loan. You may also want to check the penalty on loan prepayment if any.
- Repayment tenure: The longer your repayment tenure, the lesser is your EMI; while the shorter the repayment tenure, the higher will be the EMI amount.
The Working Capital Loan interest calculator will give you an idea of your monthly interest outgo. Additionally, you may need to pay a small percentage of the loan amount upfront by way of a processing fee.
Understanding Working Capital Loan
Working Capital Loans are funds borrowed from a lender for a short period. The loan helps businesses fund their operational needs for the short term. Following are some instances when businesses may feel a strain on funds to meet their operational needs:
- Seasonal fluctuations: Businesses face a drop in sales during the off-season, which could disrupt finances during that period.
- Cash flow is irregular: Piled-up pending invoices impact inventory management, slow down the business cycle and increase the turnover time. The situation can be resolved by availing of a temporary Working Capital Loan.
- Emergency: Emergencies such as delayed payment by your clients and unexpected one-time expenses such as employee compensation, for example, may strain your funds. Availing of a Working Capital Loan, in this case, will be helpful.
Types of Working Capital Loans
There are various types of Working Capital Loans that businesses can avail of based on their specific requirements. Some of them are-
- Line of credit
- Trader credit
- Invoice discounting
- Short-term loan
- Merchant advance against POS sales
All lenders, NBFCs, and other financial institutions may not always offer loans across all these categories. Thus, always ask your lender for the kind of Working Capital Loans that they offer, and only take the loan when it aligns with your needs.
Working Capital Loan - Features & Benefits
Our Working Capital Loans are tailored to help businesses bridge temporary fund mismatches. We understand the urgency for funds and ensure quick disbursals. To eliminate uncertainty, we have provided an online Working Capital Loan interest calculator for businesses to understand the cost that they might have to bear every month.
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Higher loan amount
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Collateral-free loans
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Quick approvals
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Flexibility in the use of funds
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Quick disbursals
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Availability of online processing
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Flexible options
Following are some of the major features of Capitalneed.com Working Capital Loan:
Higher loan amount
Without adequate working capital, no business can ensure the smooth running of its operations. Capitalneed.com Working Capital Loan offers up to ₹75 Lakhs catering all the financial assistance you need to ensure the smooth, hassle-free functioning of your business operations.
Collateral-free loans
Working Capital Loans are unsecured loans. This means that you don’t need to spend precious time trying to arrange for collateral to access the capital that you require. You get instant funds to tide over your short-term financial crunch without having to pledge personal or business assets.
Quick approvals
With quick loan approval, Capitalneed.com ensure that you get additional required capital as fast as possible directly into your bank account.
Flexibility in the use of funds
You get the flexibility to use the funds as you prefer, provided they meet your operational needs and increase revenue
Quick disbursal
The benefit of quick loan disbursal helps to eliminate delays in your accessibility to funds.
Availability of online processing
Capitalneed.com's online processing facilitates easy access to Working Capital Loans. Your loan is approved quickly, and the funds are credited to your account in no time. No need to interrupt your daily work and step outside just to avail yourself of this loan.
Flexible options
With varied Working Capital loan options available, you can choose the one most suitable for your business. A Working Capital Loan calculator will aid in structuring your loan tenure and duration.
Apply for Working Capital Business Loan within 5 Minutes
Apply
Online
Apply Online
Click on Apply Now and enter your contact details.
Business
Details
Business Details
Enter your annual business turnover and other business details.
Verification
Verification
The application will then proceed for verification and assessment
