Business Loan Services

Listing ID #2000915

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.