Business Loan

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What is a business loan?

LA business loan is an unsecured credit you can avail to meet your growing business’s urgent requirements. Business loans allow you to usher in funds for your enterprise to expand your existing business , boost production , take your operations online , buy new machinery , and more . The quick infusion of cash through business finance enbles you to make necessary purchase and payments on time ensuring smooth business functioning.

You can use a Business Loan to

  • Increase your business cash flow
  • Lease bigger office premises
  • Renovate your office
  • Purchase, lease or repair machinery and equipment
  • Upgrade to the latest technology
  • Stock up on inventory
  • Hire seasonal employees
  • Purchase raw material for bulk of orders
  • Scale-up operations and take on bigger projects and more
  • Expand business

We are providing business Loan

  • Hassle – free loans up to Rs.1cr
  • No Collateral or Guarantor needed
  • Minimum Documentation
  • Fast approval and disbursal
  • Short Term Tenure 3 year to 4 year
  • Balance Transfer all existing loan

When Should You Choose a Business Loan?

1

Expansion

Continuous business growth is marked with proliferating sales and multiplying profits. When expansion is your next step, opting for business loans can easily cover the short-term expenditure and various intermittent expenses. That way, your operational funds will remain intact as you bring in more sales with expansion.

2

Inventory

Finished goods, raw materials, merchandise, and the rest of the inventory keeps the business operations going. An operational enterprise needs substantial capital to grow and loaded stock to cater to continuous consumer demand. Availing a business loan can assist your inventory management strategies and ensure offsetting of inventory cost without afflicting your income.

3

Cash Flow

Cultivating a steady stream of cash is critical for growing, budding, or struggling businesses. Inconsistent cash flow can affect your everyday costs of utilities, rent, staff, and inventory. Taking a business loan can help manage costs and sustain the business during tough times. Maintaining a certain working capital level helps you in crunch times or during the off-season in operating your business.

4

Equipment

Workforces are nothing without the latest equipment backing their efforts. Purchases to repair, replace, and upgrade various kinds of machinery arise pretty often and acquiring the best-quality equipment is necessary. In such scenarios, business loans are ideal in offering a quick influx of money so that your business doesn't suffer due to broken or outdated equipment.

What is business loan eligibility?

  • Age should be between 25 to 65 years
  • CIBIL score must be 700 or more
  • Candidate should own a business at least profitable for three successive financial years
  • The business turnover must display an upward trend
  • Your balance sheet be audited by a registered Chartered Accountant (CA)

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