Business Loan Services
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Are you in search of a trustworthy service provider in town? Then, we are the dependable name involved in providing Business Loan Services.
Overview :
Loans are granted upto Rs.30 lakhs
The loan tenure generally varies from 12 months to 60 months
No collateral or guarantor required
Minimum documentation
Prepayment options available.
Eligibility :
Minimum age of 21 years and maximum age of 65 years
Minimum 3 years of business vintage and 2 years in same line of business.
The business should be profit making for atleast last 2 years
Audited financials should be available
Bank statements and proof of business required.
Documentation :
Application form duly signed with photograph
Identity, age, and address proof
Bank statement for the last 6 months
Processing fee cheque
Proof of business continuation
Company profile
Proof of qualification and business existence proof
Last 3 years IT returns with computation of tax
Last 3 years CA certified, audited financials (Balance-sheet & P&L)
Post sanction documentation by the bank/FI
More About Information for Business Loan Services : Business loan is an unsecured loan and is provided to individuals and entities that are self-employed. These may include partnership firms, private companies, proprietors and public limited companies. The loan is offered on the basis of the gross turnover and Income Tax Return filed for 2 or 3 years. A business loan is exclusively designed for business purposes. With this loan, you can lend a sum of money over a few years. The monthly payments and interest rates are fixed over the term. Let us look at some of the benefits of business loan. Business loans can help with cash flow and help you by providing short-term finance. With the help of technology, beneficial offers help you do what you want to do. We also offer special add-on facility to some privileged customers. We also offer our customers the part payment facility. Last but not the least, there are no Guarantors and no Collateral.
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