loan service provider, veritasfin.in

Veritas Finance Private Limited (Veritas) is focused on meeting the financial needs of the micro, small and medium enterprises (MSME) in India, which has remained largely underserved despite several initiatives. A company run by professionals with rich experience in financial services industry, aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation.

A Non - Banking Finance Company, registered with Reserve Bank of India, the company has grown the loan book to more than 1,496 crores, expanded to 203 branches and having over 52,751 customers across various regions. Veritas Finance has been largely working to meet the working capital and business credit requirements of the small businesses in the MSME sector.

Veritas Finance has been promoted with a primary purpose of meeting the working capital and business credit requirements of the small businesses in the MSME sector. It aims to make availing credit easy for below the line segment who are backbone of our nation thus by making a positive impact on the lives of millions of Indians engaged in informal activities who actually build the nation.

MSME Loans

MSME Loans are part of a secured loan where the customers use their property as a guarantee and security. It is a multipurpose financial assistance which helps and empowers the borrower to understand the value of the owned property at the time of need.

The reason for borrowing could be personal or professional. It is designed to meet the financial needs of a person who already owns a house, which is free from any impediment that is not given as security for any purpose.

Eligibility for MSME Loans

The eligibility for MSME loans depends upon various factors including the following important ones:

• Income of applicant
• Credit health of applicant
• Property type
• Property value

Working Capital Loans

Working capital loans offers larger potential to run the business for covering your immediate business needs. Working capital loans in India have become popular among the business owners for tackling with their financial needs. It is largely unsecured loan which is used to succeed the business needs to cover payroll, marketing costs, and other similar operations that are required for the business to grow, operate & sustain.

This becomes a viable option at a time when business owners use their personal savings to run their businesses. It is a short term loan which offers higher benefits in terms of growing your business needs.

Working capital loans in India are becoming popular amongst the business owners for tackling their financial needs. It is largely unsecured loan which is used to succeed the business needs to cover payroll, marketing costs, and other similar operations that are required for the business to operate, grow & sustain. We are happy to have served and nurtured over thousands of customers who have been working towards upscaling their business.