An unsecured Business loan from Rs. 3 Lakhs upto 5Cr can be availed.
Business Loan is an unsecured loan given by banks, NBFC’s (Non Banking Finance Companies) or P2P lending platforms for short term 1-3 years, without asking for any collateral, guarantor or hypothecation of any assets. Entities like proprietorship, partnership, private limited company or public limited company are eligible for this type of borrowing. The usage of a business loan is left to the discretion of the borrower and can be used for working capital purposes, meeting short term cash flow requirements, investments into plant and machinery etc.
You pay the loan in equal monthly instalments (EMIs). The loan will be paid through post-dated cheques. You can also pay through Electronic Clearing System (ECS ) or a standing instruction to debit your account with the EMI amount
To obtain the loan, there is absolutely no need to provide any security or collateral. You can apply for an Unsecured Business Loan
You need to have a minimum turnover of Rs.4000000 lakhs. But this differ from bank to bank
We offer business loans to both professionals and non-professionals, who are self-employed. Among self-employed professionals, we also offer exclusive loans for doctors with special features such as a. competitive business loan interest rates and quick approval. The customer segment covered under Business Loans is listed below:
The business loan tenure can range from 12 months to 36 months.
We offers the convenience of online with the assurance of offline. We have 30+ banks & NBFCs options available for your loan. Our financial institute provides the ease of instant approval for customer’s emergency needs. The process of Unsecured Business loan is very quick with disbursal in short span of time.