Repayment of you business loan:
You can start paying back your loan after 6 months to 60 months of receiving your loan. In this loan option you can also choose to pay back the loan amount and the interest once.
Discount will also be given to borrows who pay their loan before the expiring time of the loan
Starting a new business:
If you already have your business plan, you can seek for a loan to pay back gradually after the business starts to yield profits.
Expending your already existing business:
This is for borrowers who have an already existing business but need financial support to expand the business. We can offer you the adequate financial support that you need.
This is the type of loan that is given to borrowers who need to invest in a particular business or project
This is the type of loan that is given to finance a new or existing project.
Agricultural Loan: This is a type of loan given to farmer or prospective farmers for the reason of starting a farm or expanding your farm land
Additional Information about Business Loan
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest.
|Age Limit||The applicant should be min 21 years & max. 65 years.|
|Income||Business should be profit making at least for the past 3 years|
|Turnover||$5000 p.a. should be the minimum annual income|
|Co-applicants||Business should be profit making at least for the past 2 years|
|Audited||We accept only audited financials by CA.|
|Cash flow||On the other hand, we denounce with righteous indignation.|
|Type of the Business||Proprietorship, Partnership, Pvt.Ltd. or Public Ltd.|