Business Loan

Business Loan

Commercial loans are available up to Rs.2 Crore from more than 40 banks and NBFCs. ✓ Loan application and approval ✓ Minimum documentation ✓ No collateral ✓ No guarantor required ✓Compare interest rates for business loans ✓Affordable rates ✓Calculate EMI for business loans your monthly sales. ✓Flexible loan term up to 180 months.

What is a Business Loan?

Every business is unique and has specific requirements. Business loans offered by various banks and financial institutions across the country are personalized and customer-centric. They are designed to provide business owners with a variety of financing alternatives.
Small business loans are the safest and easiest option to properly finance business goals. Banks and financial institutions offer loans that are tailored to the nature, scope and purpose of the requests.
Bada Finance offers a special doctor’s program for MBBS, BDS and higher qualifications. Interest rates start from @ 10.99%, loan period up to 5 years.

Features

Business loans that can be used range from Rs 1,00,000 to Rs. 2 Crore. These loan applications are usually approved quickly and there is no hassle in the process. Most banks and financial institutions promise customers unsecured lending solutions in commercial lending activities. Business loans come with the added benefit of services, such as SMS, web chat, phone banking, and more. Some banks offer more exclusive loans to self-employed customers. With minimal paperwork and flexible repayment options, more and more business owners are relying on business loans to finance business needs.

Benefits

Unsecured business loans allow companies to fund accurate requirements and repay loan amounts with EasyEMI. These loans can be used for a variety of reasons, including business expansion and working capital.

 

Banks and financial institutions provide business loans to customers with the flexibility of home service. Also, business loans in India usually do not require any collateral, guarantor or collateral from the applicant.

 

Some banks offer customers a one-minute business loan facility online or through their branches. This quick approval ensures that customers do not have to wait for the bank to find out the status of their loan application.

 

Business loans are intended to help small businesses meet their capital and other needs. In general, the following types of people can benefit from a business loan.

Business Loan Interest Rates 2022

To help clients get the highest interest rates on their business loans, Bada Finance has integrated all the latest interest rate information in one place. Stay tuned to this section for the latest information.

 

Information for comparison of rate of interests and loan amount

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Business Loan - Eligibility

The eligibility criteria for a personal loan for an employee are as follows.

Self Employed Professionals

  • This type of category includes symptomatic doctors, accountants, company secretaries, and architects. A prerequisite for this is an applicant who has qualifications and proof of qualifications. Practice their profession.

Self Employed Non Professionals

  • This type of category includes distributors and manufacturers.

Who can avail Business Loan?

Following entities can avail the business loan

  • Proprietorship
  • Partnerships
  • Closely Held Limited Companies
  • Private Limited Companies
  • Limited Liability Partnerships

Applicants have to fulfill following criteria in order to be eligible for business loan

  • No Minimum Turnover
  • Min 3 years experience in the current business
  • Min 3 years of business experience
  • Business should make profit for last 2 years
  • Min Annual Income is Rs.1.5 Lacs
  • Min age of applicant is 21 years
  • Max age of applicant is 65 years at a time of loan maturity

Quick Approval

Easy Repayment

100% Transparency

FAQ

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