Flexible Credit Lines
Flexible Credit Lines
Our Flexible Credit Lines provide businesses and individuals with immediate access to cash when needed. Draw funds as required and pay interest only on the used portion, keeping your operations agile and financially sound.
Key Features
- Flexible Access: Withdraw only when needed
- Interest Savings: Pay interest only on utilized amount
- High Limits: Credit limits based on revenue
- Renewable Terms: Annual renewal available
Who is eligible?
- Registered businesses with stable revenues
- Good credit history
- Proof of operational needs
Fee Structure
| Facility Fee | 1.5% of approved limit (annual) |
| Interest Rate | Monthly interest on drawn amount |
| Renewal Fee | 1% annually |
Collateral Requirements
- Accounts receivable
- Inventory or assets as needed
- Partial cash deposit for security
Collateral negotiable based on limit and business profile.
Why Choose Joda Finance Credit Lines?
- Manage cash flow efficiently
- Flexible repayment schedules
- Trusted financial partner for growing businesses
- Minimal documentation, fast approvals
