Business loans are fairly generic term used for different types of finance options that a business can access. In the current context, under Business loans we are largely referring to unsecured income-based loans for self-employed individuals or companies. Unsecured business loans have no requirement for a security or collateral to be submitted and are offered purely on the current financial strength and past credit record of the borrower.

They are not as flexible as overdrafts and other credit lines that support day-to-day working capital requirements but given their unsecured nature, they are relatively easy to avail with simple paper work and speedy processing. However, that also means that Business loans are usually costlier than other forms of secured business finance.

Business Loans may be used for:

• Business Expansion
• New Office Setup
• TMarketing & Branding
• Business Improvement

Documents Required for Business Loan:

Your eligibility is determined after looking at the following:

• Last 2 or 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
• City of Business& Current obligations (Any existing EMI’s being paid , credit card outstanding & Credit limit available )
• Your Financial history & track record including CIBIL scores if available

We Offer:

• Loan with simple documentation, quick processing and disbursal.
• Enjoy the convenience of doorstep service
• Get the best in market interest rate for your personal loan
• You need not worry about collaterals or guarantors
• Try out the ‘Balance Transfer Option’ to get rid of high Interest current EMI’s and get slash up to 2% on interest rates on your current loan.