Cheque Finance 

Cheque finance (or cheque-based funding) is a short-term loan facility where businesses can get funds by providing post-dated cheques (PDCs) as collateral/security. It is generally used to meet urgent liquidity needs, such as:

• Paying vendors/suppliers

• Managing seasonal cash flow gaps

• Purchasing inventory

• Paying salaries or other urgent payments

 Eligibility Criteria

• Business should be operational for at least 2 years

• Stable turnover with proper documentation (GST returns, ITR, bank statements)

• Clean banking and cheque history (no frequent bounces)

📃 Documents Typically Required

• KYC of business and promoters

• Bank statements (12 months) latest

• GST3 B return 1 year

• 2 year ITR return

• Cheque book (for post-dated cheques)

• Business registration documents

📞 How to Proceed

• You can approach the private money lenders or consultants via their website or other sources in Delhi NCR

• Consider working with a finance consultant who can help match your requirement with the right lender.

• Ensure all cheques issued have adequate balance on due dates to avoid criminal liability under Section 138 of the NI Act.

You can contact us to avail this service on +91-8860001468