img

Business Loan

Home > Business Loan

Business Loan

Business Loan

Business Loan in India

Starting a business can be a long, complicated, and stressful process. So many decisions to make and so many steps to take. One important decision every entrepreneur needs to make early in their journey is how they will finance their business journey. One of the most popular ways to gather funds for your business is through a business loan.

A business loan means an unsecured loan that you will use to fulfill the immediate needs of your business growth.Small Business loan assists you in raising capital for your company to expand your current activities, increase supply, get your operations online, or purchase new equipment, among other things. Business finance's rapid infusion of cash allows you to make required transactions and payments on schedule, maintaining the seamless operation of your business.


Features of FlexiLoans Business Loan

  • Accessibility

One of our absolute priorities here at FlexiLoans is that all of our applicants get the help they need when they need it. Getting a business loan may be unnerving for some people, which is why our team is always ready to help you through any challenge regarding the loan. May it be through the process of applying for the online business loan, or for any more information or details regarding the loan, FlexiLoans is here to help.

  • Quick Disbursal

Among the hectic operations of your business, the last thing you need is the stress of a delay in gathering finance on your mind. And to make sure you don't face that stress, FlexiLoans promises the necessary funds transferred to your account within hours of online business loan approval. With quick application and a fast rate of disbursal, you can stay unworried about your finances reaching you exactly when you need them.

  • Types of Loans

At FlexiLoans, we believe in being able to provide for every different need of a businessman. For the very same purpose, we have a range of small business loans you can choose from based on your position and need. Everything right from a term loan, to vendor financing, to MSME loans, you can choose the option that fits you best.

  • High Loan Amount

A business may need heavy financing at certain times. It is not always possible for you to allocate such finances from your pocket or from the business reserves. This is why, FlexiLoans offers business loans starting from 50,000 and going as high as 1 crore.

  • Low Rate of Interest

FlexiLoans understands the pressure and responsibility of running a business and making important decisions. So that a business loan doesn't become another burden on you, we offer quick business loans at interest rates going as low as 1%. Depending on your needs and the type, amount and tenure of your loan, we may adjust the interest rate.

  • Loans Serviced in 1000+ Cities

As an RBI-registered NBFC, merchants of 100+ partners in 1,000+ cities all over India trust FlexiLoans. With 4,00,000+ happy customers across India, we do all we can to deliver easy business loans where you are.


Business Loan Fees & Interest Rates

Business loan fees and interest rates can vary depending on the type of lender, the type of loan, and the loan terms. Here is a look at some of the fees and rates that may be associated with business loans.

Customized Interest Rates Fair, Transparent – starting from 1 % per month
Processing Fees 2-3%
Loan Tenure up to 36 months
Pre-closure Charges Nil**
Eligibility Criteria > ₹ 300,000 turn over for 3 Months
Loan Amount ₹ 50,000 – ₹ 25,00,000
Installments Flexible Monthly
Penalty for late payment 42% on the overdue amount.
Bounce Charges INR 750/- For Each Bounce (Plus Applicable Taxes)

Business Loan Eligibility Criteria

A business loan provider in India can also lend you money without any security. It mainly depends on the lender. There are some business loan eligibility criteria that businesses need to fulfill to get the loan amount. These criteria are listed below:

  • An individual must be 21 years of age when applying for the loan, and not more than 65.
  • Small Business loans are available to individual corporations, sole proprietors, and private companies involved in trading, production, or services.
  • The applicant must have worked in the industry for three years, and have at least five years of experience.
  • Offers business loans to those businesses that have been running for at least a year and have monthly total sales of at least ₹2,00,000.
  • You can apply for business loans online in India if the company has been in service for more than 3 years

  • We would also ensure that there are no errors in previous accounts, and as such the company is tax compliant.

Documents Required for Business Loan

Personal KYC PAN card
Residential Address Proof (Any One) Rent Agreement | Driving License | Voter's ID | Ration Card | Passport | Aadhar Card
Banking Last 6 months current account bank statements
Business KYC (Any One) GST Registration Certificate | Shops & Establishment Certificate | Business PAN Card

How to apply for business loans?

Step 1: Fill out the online form-

This is the application form that asks for basic requirements such as the borrower’s details and the reason for the loan.

Step 2: Upload Documents-

These are documents such as PAN cards, Aadhar cards, IT returns, and Bank statements. Many websites also offer the option of generating a credit score through the help of these documents.

Step 3: Get Approved!

Once you have submitted all the documents and the online application form, the lenders will go through them and in a few minutes approve your application if the documentation is in place! To apply for business loans and the types of business loans that suit your needs.


What is a Business Loan EMI?

When taking out a loan, borrowers are typically required to make Equated Monthly Instalment (EMI) payments. These fixed payments are designed to help borrowers pay off their loans in manageable instalments over time and are calculated based on the amount of the loan, its interest rate, and how long it will take to repay. By breaking down repayment into equal monthly amounts, lenders can ensure that borrowers have a clear understanding of how much they owe each month and can budget accordingly.

How to Calculate Business Loan EMI?

EMI stands for Equated Monthly Instalment. It is the amount that you will need to pay every month to repay your business loan. You can use a business loan EMI calculator to calculate your EMIs. To do so, you will need to input the following information:

  1. The loan amount

  2. The interest rate

  3. The tenure of the loan

Example :

To calculate business loan EMI, you first need to know the interest rate, loan amount, and tenure. Then, you can use online EMI calculators to calculate your business loan EMI easily.

The formula for calculating EMI:

EMI = P x r x (1+r)^n/((1+r)^n-1)

Here,

P = Loan amount

r = Interest rate per month

n = Loan tenure in months

Using the above formula, you can calculate Business Loan EMI.

Assuming you have taken an Rs. 1 lakh loan at an annual interest rate of 12%, for a tenure of 2 years, your monthly business loan EMI will be:

EMI = Rs. 1,00,000 x 12% x (1+12%)^24/((1+12%)^24-1)

= Rs. 4,976.48

To calculate your business loan EMI using an online calculator, you need to enter the loan amount, interest rate, and tenure. Then, the calculator will do the rest of the calculations for you and give you the results in seconds. This is an expeditious and easy way to calculate your business loan EMI.


Types of Loan We Provide

FlexiLoans offers several business loans, each designed to meet a specific need. These include:

  • Term Loans:

    A Term loan is a business loan that is ideal for a business situation where you may need a bigger sum of money. This loan is one of the most efficient you can get as a businessman because of the predetermined loan amount and repayment schedule. Lower interest rates and higher borrowing limits also make this small business loan a perfect choice for purposes like expanding your business and taking it to the next level. Through FlexiLoans' term loan, you can get an amount up to ₹ 1 crore which you can repay through EMIs usually over 2-5 years, which also gives you plenty of time to repay the loan.

  • Loan against POS:

    A Loan against POS (Point Of Sale), or a Merchant Cash Advance is a cash advance loan that a merchant can use against future credit and debit card swipe sales. Most merchants may not know about this financing option as it is a recent development in India. A higher approval rate, more flexible payback terms, and faster access to funding may make this a good credit option for your immediate needs. The loan amount can be as high as ₹ 1 crore with the repayment tenure being 3-36 months, with instalments being debited from your account on a daily basis.

  • Line of Credit:

    A line of credit loan, also known as a revolving line of credit, is a type of loan that provides you with access to a predetermined credit limit. It is a flexible form of financing that will allow you to withdraw funds as needed, up to a pre-approved credit limit. Also, you only have to pay interest on the amount you have used out of the limit. FlexiLoans provides an instant line of credit for an amount of up to ₹ 1 crore and a repayment tenure of 3-36 months. The option to withdraw the funds at any given point in time after approval and higher credit limits make this a good credit option.

  • Vendor Financing:

    A vendor is the link in the supply chain that provides the raw material needed to produce finished goods. Vendor financing, also known as supplier financing or trade credit, is a financing arrangement in which a vendor or supplier extends credit to its customers or buyers. This means that you, as a business, can pay your vendor or supplier in instalments. Loan amounts up to ₹ 2.5 crores and a facility tenure of 36 months make FlexiLoans vendor financing a good credit option for businesses.

  • Collateral Free Loan:

    A collateral-free loan, also known as an unsecured loan, is a type of business loan that would not require you to provide any collateral or security against the loan amount. Unlike secured loans, which you can back with assets such as property, vehicles, or equipment, institutions grant collateral-free loans based on your creditworthiness and ability to repay. This is a great option for businesses that do not have any physical assets to offer as security. FlexiLoans offers unsecured business loans of up to 1 crore with a repayment tenure of up to 36 months.

  • Overdraft credit:

    Overdraft credit, also known as an overdraft facility or simply an overdraft, is a type of credit arrangement provided by FlexiLoans that allows you to withdraw more money from your business bank account than what is available in the account balance, effectively creating a negative balance. This gives you the freedom to use funds beyond what is available in your account. The credit amount is predetermined and you only pay interest on the amount you use.


Ways to Use a FlexiLoans Business Loan

  • Buying Inventory

One of the best things that small business owners can do with the money available through an online instant business loan is to buy inventory or improve their existing inventory. Using a loan amount for buying inventory is one good way of managing seasonal dips. It can also come as a major scope for the retailers to replenish their stock, or even try out a variety of new products.

  • Managing Daily Business Expenditures

If you want all the different things and procedures within your small business to keep running smoothly, you have to invest a lot of money and time into it. The money availed through unsecured business loans can be used for covering the daily expenditures associated with the smooth functioning of a business. This will further help in keeping the lights on.

  • Buying Required Equipment

A loan for businesses requires financing for their hard-hitting and heavy expenditures to procure new equipment. One of the best ways of using the amount availed through an MSME business loan in India is by making investments in different tools and equipment. This can help with business expansion and growth. Investing the money in the use of new and advanced technologies for making your business more appealing and instrumental for the targeted clients will give you an edge over your competitors as well.

  • Paying Off or Refinancing Debts

The cash obtained through a small business loan can even be used for debt consolidation. Paying off debts or refinancing the same early on in business can offer you a great impression amongst the creditors, and even amongst probable customers. So, if you want to build credibility, then make sure to use your funds the right way.

  • Business Promotion and Marketing

Last but not least, using available funds in business marketing will boost sales and bring in good revenues. If you want your business to grow, you must get brand-new customers for your products and services. Only getting customers will not work. Instead, you should have your focus on building a loyal customer base. This can best be done by using emails, events, social media, and paid media sources. This again requires the use of money, which is available to you in the form of a loan.


Benefits of Taking a Business Loan from Flexiloans

  • Quick and Paperless Online Process

We know financial needs can be hard to predict. Even though planning helps a lot, sometimes life just surprises you. At such a time, a quick online business loan from FlexiLoans is just your solution. A completely online business loan application process ensures your finance in just a few clicks, without leaving the comfort of your office or home. No need to run around to get forms or stamps from here and there.

  • Collateral-Free

Having to pledge collateral in order to avail of a business loan is something that deters some businessmen from going for the option. At FlexiLoans, we ensure that you feel safe and stress-free applying for an online business loan by offering unsecured business loans that don't require you to pledge collateral. This way, your assets as well as your business loan are in your control.

  • Minimal Documentation

The FlexiLoans quick business loan application process is entirely online. This means that to apply for our business loan online, all you need is a computer or smartphone and an internet connection. The process also only requires minimal documentation. This ensures that you don't have to scramble around looking for documents in order to access quick business finance.

  • Safety and Security

Considering the number of frauds that take place as of late, it is no surprise that people are weary of applying for business loans online. FlexiLoans makes it a point to only follow RBI-mandated guidelines, use secure networks and send written confirmation to you every step of the way. This way, rest assured, you can be sure your data is safeguarded and secure.

  • Transparency

At FlexiLoans, our aim is to operate in a way that you can trust us with financing your business ventures. In the direction of that goal, we ensure complete transparency throughout the business loan application process. We charge you no hidden charges or fees on the loan. Going beyond that, you can use our status tracking feature to keep a check on the progress of your online business loan.

  • Flexibility

We understand that managing your business and making decisions for it is stressful and more important than worrying about repaying a business loan. So, we offer a flexible repayment schedule that we may adjust according to your repayment convenience. This way, you can focus on what is really important: your business.

  • Tax Advantage

Many worry about the tax angle that may come with borrowing finance for your business. But, to take your worries away, one of the advantages of availing of a business loan is that any finances directed towards repayment EMIs of a business loan or the interest on a business loan are tax deductible. With a small business loan from FlexiLoans, you can claim this tax advantage that comes with it.

Frequently asked questions

What are the purposes for which I can get a loan via FlexiLoans?

FlexiLoans is here to provide you financial access for your business funding needs. You have to undergo simple and transparent Credit Evaluation, basic documentation before we disburse the loan. You may get loans via FlexiLoans for:
  • Expanding your business
  • Servicing regular working capital needs
  • Managing seasonal working capital requirements
  • Manage short term cash flow gaps

Why should I avail loan via FlexiLoans?

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.

What documents are required to apply for a loan?

KYC document

  • - Pan card

Proof of residential address (any one)

  • - Rent Agreement
  • - Driving License
  • - Voter's ID
  • - Ration Card
  • - Passport

Banking

  • - Last 6 months of bank statement of current account

Business KYC (any one)

  • - GST Registration Certificate
  • - Shop Establishment Certificate

Financial documents (For loans greater than 20 Lakhs)

  • - 2 years Audited financials
  • - Last 2yrs ITR
  • - GST Returns of 6 months

Are there any charges other than interest rate that I have to pay to avail the loan?

We may charge processing fee to facilitate the loan towards legal and documentation charges. You may be charged penal charges for late or irregular payment behavior.

Where to apply for a small business loan?

To apply for a business loan, click on the link here. Fill the loan application and upload the documents online our team will then contact you regarding the loan.

The maximum amount of loan that I can take?

You can get an unsecured business loan up to ₹1 crore.

What credit score is required to qualify for quick business loans?

A credit score of 750 or above is regarded favourably by financial organisations. Lenders will prioritise borrowers with credit scores close to 900, which is the maximum allowed.

How should I pick the best loan repayment period?

If you take out a short-term loan, the payback period should ideally not be longer than 12 months. It could, however, go up to the required loan amount. Depending on the loan amount, which may exceed what is necessary for the business, a maximum payback period of up to five years may be selected.

What effect does the GST have on financing for startup businesses?

An essential factor in obtaining business loans is GST, as the higher the business volume, the more GST is paid. Banks may more easily rely on applicants or borrowers who pay their GST.

What amount of turnover is necessary to qualify for a loan to launch a business?

The lender determines the minimum yearly turnover requirements, which differ from bank to bank.

What do business loan pre-closure and part-prepayment fees entail?

Lenders have different pre-closure and part-payment fees. Some banks charge nothing, while others charge more than 5% of the loan amount. Make sure you verify this with your lender.

How can I accelerate the loan approval process?

Even though the approval procedure for our loans is quicker than that of banks, we strongly advise that you provide accurate documentation and carefully follow the online application instructions to avoid delays.

Can I manage my working capital with a business loan?

Yes, business loans are all-in-one solutions that may be utilised for various short-term tasks, including managing working capital, inventory, and equipment purchases.
What are the purposes for which I can get a loan via FlexiLoans?

What are the purposes for which I can get a loan via FlexiLoans?

FlexiLoans is here to provide you financial access for your business funding needs. You have to undergo simple and transparent Credit Evaluation, basic documentation before we disburse the loan. You may get loans via FlexiLoans for:
  • Expanding your business
  • Servicing regular working capital needs
  • Managing seasonal working capital requirements
  • Manage short term cash flow gaps
Why should I avail loan via FlexiLoans?

Why should I avail loan via FlexiLoans?

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.
What documents are required to apply for a loan?

What documents are required to apply for a loan?

KYC document

  • - Pan card

Proof of residential address (any one)

  • - Rent Agreement
  • - Driving License
  • - Voter's ID
  • - Ration Card
  • - Passport

Banking

  • - Last 6 months of bank statement of current account

Business KYC (any one)

  • - GST Registration Certificate
  • - Shop Establishment Certificate

Financial documents (For loans greater than 20 Lakhs)

  • - 2 years Audited financials
  • - Last 2yrs ITR
  • - GST Returns of 6 months
Are there any charges other than interest rate that I have to pay to avail the loan?

Are there any charges other than interest rate that I have to pay to avail the loan?

We may charge processing fee to facilitate the loan towards legal and documentation charges. You may be charged penal charges for late or irregular payment behavior.
Where to apply for a small business loan?

Where to apply for a small business loan?

To apply for a business loan, click on the link here. Fill the loan application and upload the documents online our team will then contact you regarding the loan.
The maximum amount of loan that I can take?

The maximum amount of loan that I can take?

You can get an unsecured business loan up to ₹1 crore.
What credit score is required to qualify for quick business loans?

What credit score is required to qualify for quick business loans?

A credit score of 750 or above is regarded favourably by financial organisations. Lenders will prioritise borrowers with credit scores close to 900, which is the maximum allowed.
How should I pick the best loan repayment period?

How should I pick the best loan repayment period?

If you take out a short-term loan, the payback period should ideally not be longer than 12 months. It could, however, go up to the required loan amount. Depending on the loan amount, which may exceed what is necessary for the business, a maximum payback period of up to five years may be selected.
What effect does the GST have on financing for startup businesses?

What effect does the GST have on financing for startup businesses?

An essential factor in obtaining business loans is GST, as the higher the business volume, the more GST is paid. Banks may more easily rely on applicants or borrowers who pay their GST.
What amount of turnover is necessary to qualify for a loan to launch a business?

What amount of turnover is necessary to qualify for a loan to launch a business?

The lender determines the minimum yearly turnover requirements, which differ from bank to bank.
What do business loan pre-closure and part-prepayment fees entail?

What do business loan pre-closure and part-prepayment fees entail?

Lenders have different pre-closure and part-payment fees. Some banks charge nothing, while others charge more than 5% of the loan amount. Make sure you verify this with your lender.
How can I accelerate the loan approval process?

How can I accelerate the loan approval process?

Even though the approval procedure for our loans is quicker than that of banks, we strongly advise that you provide accurate documentation and carefully follow the online application instructions to avoid delays.
Can I manage my working capital with a business loan?

Can I manage my working capital with a business loan?

Yes, business loans are all-in-one solutions that may be utilised for various short-term tasks, including managing working capital, inventory, and equipment purchases.

Dos and Don'ts of Business Loans

When availing of a business loan, one must keep confident do's and don'ts in mind to ensure a safe and smooth financial experience. These are as follows:

DOs:

1. Do compare different business loan offers before availing of one.

2. Do check the eligibility criteria for the loan beforehand.

3. Calculate the EMIs you will have to pay using a business loan EMI calculator to ensure that you can comfortably afford them.

4. Create a budget and stick to it to make the most efficient use of the loan.

DON'Ts:

1. Don't avail business loan for personal expenses.

2. Don't forget to read the terms and conditions of the loan agreement carefully before signing it.

3. Don't default on your EMIs, as this will damage your credit score and make it difficult to get future loans.

4. Don't take more money than you need, as this will increase your EMIs without providing additional benefits.


Latest Business Loan News Updates:

  • Banks and financial institutions have approved loans totaling ₹ 23.2 lakh crores for more than 40.82 crore beneficiaries through the Pradhan Mantri MUDRA Yojana (PMMY). Prime Minister Narendra Modi launched the PMMY on April 8, 2015, to facilitate easy collateral-free micro-credit of up to ₹ 10 lakhs to MSMEs.
  • During the second quarter of the current fiscal year, microfinance loans in the country witnessed a growth of approximately 11% to reach ₹ 71,916 crores. This represents a significant increase compared to the disbursement of ₹ 64,899 crores in microfinance loans during the corresponding period in the previous year.
  • As of September 30, 2022, the microfinance industry had a cumulative gross loan portfolio (GLP) of ₹ 3,00,974 crores, reflecting year-on-year growth of 23.5%. This marks a significant increase compared to the GLP of ₹ 2,43,737 crores reported on September 30, 2021.
  • NBFC-MFIs (Non-Banking Financial Company - Microfinance Institutions) hold the position of being the second-largest provider of micro-credit in the industry. They have an outstanding loan amount of ₹ 1,10,418 crores, which constitutes 36.7% of the total industry portfolio
  • During the second quarter of the fiscal year 2022-23, the microfinance industry achieved a milestone by reaching a portfolio outstanding of ₹3,00,974 crores. Among the contributors, NBFC-MFIs collectively surpassed the ₹1 lakh crores mark in their loan portfolio. However, it's worth noting that banks still dominate the microfinance market, holding the majority share in terms of loan disbursements and overall presence.
  • Despite the two-odd years of disruption caused by the pandemic, the microfinance industry has demonstrated a healthy compound annual growth rate (CAGR) of 22.2% over the past five years. This indicates a positive growth trend and resilience within the industry, highlighting its ability to recover and continue expanding despite challenging circumstances.
  • On May 10th, 2023, non-banking financial company Profectus Capital revealed that it has obtained the Certificate of Registration (CoR) from the Reserve Bank of India under the Factoring Regulations Act, 2011. This certification allows the company to offer factoring services specifically tailored for Micro, Small, and Medium Enterprises (MSMEs). Profectus Capital aims to provide timely and efficient factoring services to MSMEs, thereby enhancing their working capital management, supporting business growth, and facilitating access to short-term financing for operational requirements.
  • The Reserve Bank of India (RBI) issued a directive on May 9th, 2023 to all financial institutions, including banks and Non-Banking Financial Companies (NBFCs), regarding the treatment of informal micro enterprises (IMEs) for priority sector lending (PSL) classification. The RBI has instructed that banks and NBFCs should consider IMEs, which the Goods and Services Tax (GST) regime does not cover or exempted from the CGST Act, 2017, but possess the Udyam Assist Certificate (UAC) as micro-enterprises, eligible micro-enterprises for classification under the PSL norms. This directive aims to ensure that these IMEs are included in the priority sector lending framework, thereby facilitating their access to credit and supporting their financial inclusion.
  • According to a tweet by MSME Minister Narayan Rane on May 9th, 2023, the Khadi and Village Industries Commission (KVIC), which is a statutory body under the Ministry of MSME, achieved sales of goods amounting to ₹ 1.08 lakh crores until January 31, 2023, in the previous fiscal year. This highlights the significant contribution of KVIC in promoting and selling Khadi and village industry products. Additionally, during the mentioned period, the employment generated through these industries reached a substantial figure of ₹ 1.72 crores, further demonstrating the positive impact of these initiatives on job creation and livelihoods.
    • In the financial year 2022-2023, the government has allocated a significant amount of ₹ 60,432 crores, surpassing their initial target by 42%; said a tweet by MSME Minister Shri Narayan Rane on May 12th, 2023.
    • This demonstrates the government's commitment to supporting MSMEs and creating a conducive environment for their growth.
    • By providing opportunities for MSEs to supply their products to the government, the government is fostering a simple and transparent procurement process, encouraging the development of MSMEs and facilitating their participation in the broader economy.
      The Central Government is actively promoting small-scale enterprises through the Public Procurement Policy, which involves the purchase of products from Micro and Small Enterprises (MSEs).
  • Despite the fact that micro, small, and medium enterprises (MSME) loans represent the highest sectoral non-performing assets (NPAs) for large and mid-sized public sector banks, these banks might still continue to expand their MSME loan portfolios in the current financial year. These banks recognise the importance of supporting the MSME sector, which plays a vital role in the Indian economy. By extending MSME loans, these banks aim to promote business growth, employment generation, and economic development. While managing the associated risks, they have committed to providing financial assistance to MSMEs and driving their progress in the coming year.
  • The Government e-Marketplace (GeM) serves as the central national public procurement portal for goods and services, catering to both Central and State Government entities. The Government established it with the aim of introducing transparency and efficiency into the public procurement process.
    • Since its inception in 2016, GeM has facilitated the procurement of goods and services worth ₹ 4,11,808 crores.
    • Notably, Micro and Small Enterprises (MSEs) contributed 52.56% of these procurement transactions, amounting to around ₹ 1.5 crores worth of transactions.
    • GeM's utilisation has thus provided significant opportunities for MSEs to participate in government procurement, fostering their growth and strengthening their presence in the market.

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.

KYC document

  • - Pan card

Proof of residential address (any one)

  • - Rent Agreement
  • - Driving License
  • - Voter's ID
  • - Ration Card
  • - Passport

Banking

  • - Last 6 months of bank statement of current account

Business KYC (any one)

  • - GST Registration Certificate
  • - Shop Establishment Certificate

Financial documents (For loans greater than 20 Lakhs)

  • - 2 years Audited financials
  • - Last 2yrs ITR
  • - GST Returns of 6 months

We may charge processing fee to facilitate the loan towards legal and documentation charges.

To apply for a business loan, click on the link here. Fill the loan application and upload the documents online our team will then contact you regarding the loan.

You can get an unsecured business loan up to ₹1 crore.