Over Draft
Over Draft
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About Over Draft
What is it : An overdraft, within the context of Finraise’s financial services, is a flexible credit facility offered to individuals and businesses to cover short-term cash flow gaps.
Who can avail: The overdraft facility provided by Finraise is available to eligible individuals and businesses who meet certain criteria. Typically, those with a stable income or revenue stream, a satisfactory credit history, and an established relationship with Finraise are eligible to avail of this service.
When can avail: The overdraft facility from Finraise is available for use whenever clients encounter temporary cash shortages or require additional funds beyond their current balance.
Eligibility Criteria: Eligibility criteria depend on your income, credit score, and the type of vehicle you intend to buy.
How Finraise helps: Finraise offers clients the flexibility to access additional funds beyond their account balance, helping them meet urgent financial needs or capitalize on opportunities without delay.
Application Process: Our platform streamlines the application process. You can apply online, and we’ll guide you through the required steps. Lenders will review your application, including the co-applicant’s documents.
Required Documents : Commonly required documents include academic records, admission letter, co-applicant’s income proof, identity proof, and address proof.
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At FinRaise, we’re dedicated to facilitating your journey towards financial empowerment. Whether you’re an individual seeking guidance on personal finance or a business aiming to navigate the complexities of capital raising, we’re here to support you every step of the way. Our team of experts is committed to providing personalized solutions tailored to your unique needs, ensuring that you have the tools and knowledge necessary to achieve your financial goals. Get in touch with us today and let’s embark on this transformative journey together. Your financial success is our priority, and we look forward to helping you thrive.
