Business Loans
It is possible to receive a secured or unsecured bank loan from a bank. Banks will demand collateral for secured loans, which might be forfeited in the event of late payments. The bank will usually ask to see the company’s financial records, balance sheet, and business strategy in addition to researching the credit histories of the owners. However, a lot of small businesses are now looking to alternative finance providers, particularly smaller organisations.
Business loan interest rate:
Starting from With the down payment of 17% __
we provide Business loan for a repayment tenure upto _
Types of Business Loan
- Term Loan
- Start-up Loan
- Working Capital Loan
Required Document
- Aadhaar Card Xerox
- Voting Card Xerox
- PAN Card Xerox
- Light Bill Xerox
- Ration Card Xerox
- Photo 4
- Vehicle key
- Vehicle Quotation
- Verify signature
- Driving License
- Bank Passbook Xerox (Nationalized Bank)
- Encumbrance the name of the institution on the RC book and insurance receipt
Guarantor 2
- Aadhaar Card Xerox
- Voting Card Xerox
- PAN Card Xerox
- Light Bill Xerox
- Ration Card Xerox
- Photo 1
Note :- Borrower and both guarantors must have membership and income proofs of the organization
10% reduction in loan amount
Interest Rate :- 15 %
Rate of interest on arrears :- 2 %
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