Business Loan

As the name suggests, a Business loan is a short term financial instrument exclusively designed for business purpose and advanced to self-employed proprietors as well as entities such as partnerships, private and public limited companies. A Business Loan can be utilized for various business reasons such as to maintain business operations, invest in equipment, set up a new branch and so on. Business loans are usually lent based on the business turnover and IT returns filed for 2 or 3 years.

Business Loan Process

Select the Best Business Loan product after evaluation
Business Loan Application
Documentation & Verification Process
Credit worthiness & default check of Borrower
Bank sanctions Loan & Offer letter to the borrower
Acceptance Copy to the Bank
Acceptance Copy to the Bank
Signing of agreement & the loan disbursal