BUSINESS LOAN
Helping you make smart financial choices.
INFORMATION
Business Loan
Capital is the essential element to run a business. A large amount of working capital is required to start up a new business or to run an existing business. Many times owner or a group does not have so much capital to invest so there comes Business Loan the picture, by taking Business loan funds can be utilized for the planned tasks and execute the decisions successfully, whatever it may be for purchasing new machinery, building infrastructure, purchasing raw material, building new facilities, etc. It helps to upscale business. A business loan is given on the basis of the company’s income and capacity on the name of the Company.
Eligibility
Eligibility of borrower depends on the loan or finance requirement and specific criteria fulfillment of the loan type. Though there are some common points which one must consider prior to applying for a loan are as follows Income tax return and salary slip, Average bank balance, Location of residence or business work premises, Existing borrowing status, repayment history, CIBIL Score, selection of financial institution for fund requirement, project presentation and most important personal discussion with the authority where we play a key role with you.
- IT Return
- Salary Slip
- Residence Location
- Work Location
- Existing Borrow Status
- Repayment History
- CIBIL Score
- Selection of Bank/NBFI
- Presentation of Proposal
- Discussion With The Authority