Capital flow is the foundation of any successful business. Some need a large amount of fund to start a new business and others need funds to accelerate the growth of an existing business. This makes us go to all lengths to ensure that our customers get the best finance solution to scale to new heights of success.
Your eligibility is determined after looking at the following:
- Last 2-3 years business financials
- Years in business and current level of business activity
- Nature of the industry the business operates in and how that industry has fared in recent times
- The current level of obligations of the company i.e. the other installments (EMIs), credit limits and other types of finance the company may have
- The company’s past credit history
BUSINESS LOAN FAQS
You can avail an unsecured Business Loan ranging from Rs.5 lakh to Rs.40lakh.
The minimum tenor available for a business loan is 12 months and it can go up to 60 months.
Business Loans are offered usually on a fixed rate basis
You can repay your business loan through either Post Dated Cheques or ECS.