Explore More
Press Release
Blogs
Downloads
Equipment & Machinery
Databit Technologies has received an inventory loan from Red Fort Capital to secure its inventory of modems and routers amidst the ongoing semi-conductor crisis. This loan will provide cash advances to Databit’s suppliers and comes with a moratorium and repayment schedule that aligns with Databit’s cashflows. Databit Technologies collaborates with BSNL to establish WAN connectivity for government institutions.
Red Fort Capital has extensive underwriting standards and a skilled team that enables them to underwrite inventory loans within 7 to 10 days. Their prompt and consistent loan disbursement services make them a reliable option for businesses seeking quick business loans for inventory. Businesses can apply for such loans through their website.
Eligibility Criteria
Minimum Turnover
Rs 50 lakh per annum
Business Vintage
at least 2 years
Collateral Cover
2x to 3x
Loan Amount
Rs 1 Crore to 10 Crores
Tenure
upto 5 years
Loan Application Process
Borrower Testimonials
“Thanks to Red Fort Capital, we were able to expand our presence in the global market with their quick funding process. With their support, we are able to offer our innovative alkaline black water to a wider audience and promote healthy living globally.”
Aakash Vaghela
“Red Fort Capital has amazed us with the 100 million INR disbursement within a record time of 8 days, timely disbursement holds such great value to us as an organization. With the speed capital provided by Red Fort Capital we will be able to capitalize on time-sensitive opportunities and grow further”
Jenny Varghese
“With Red Fort Capital’s support, we have been able to procure raw materials and meet the specific needs of our valued clients. We are grateful for their trust and partnership helping us expand our market share throughout Maharashtra.”
Nisaar Sutar
