Key Features
- Loan amount: Usually ₹10lakh to ₹1.5crore (depends on lender & business profile)
- Interest rate: Around 13.5% to approx. 20% per annum (varies by credit profile)
- Tenure: 1 to 5 years
- Repayment options: EMI or flexible repayment options
Our Services
Business Loan
business loan is financial assistance provided to entrepreneurs, startups, and companies to support business needs such as: Expanding operations, Managing working capital, Buying inventory, Hiring staff
Back to ServicesType Of
- 1. Term Loan – Lump sum amount repaid in EMIs over a fixed period
- 2. Working Capital Loan – Short-term loan for daily business expenses
- 3. Equipment/Machinery Loan – For purchasing business equipment
- 4. CGTMSE/SME Loan – For small and medium enterprises
- 5. Overdraft Facility – Withdraw money as needed up to a limit.
Eligibility Criteria
- Age: 21 to 65 years.
- Business vintage: usiness operational for at least 1–3 years (for most lenders)
- Credit score: Good credit score (CIBIL 700+ preferred)
- Stable revenue & profit record
Documents Required
- ID and address proof.
- Business registration proof.
- PAN card (business and individual).
- Bank statements (last 12 months).
- GST returns (if applicable)
- Financial statements (Profit & Loss, Balance Sheet)
Advantages
- Helps in business expansion.
- Improves cash flow.
- No need to dilute ownership.
- Builds business credit history.
Things To Check Before Applying
- Processing fees(1% to 2.5%)
- Collateral requirements (For secured)
- Prepayment charges
- No Hidden fees
- EMI affordability