Business Loan


Owning your own business is a good option to make a lot of money. Many people are now turning to business as they feel to do something independent and with a lot of freedom. There also vast range of options in case of starting a business. But setting up any business needs a lot of initial investment. All that money required for investment may not be present to the customer initially. The best option in this case is availing a business loan.
There are various banks as well as organizations which provide business loan depending on the types and size of business. But there are many complicated and strict rules associated with business loans. Apart from that, many customers are also denied of loans as they are new and the bank has no relevant data regarding the credibility of them. Due to all these rules many customers are unable to start their own businesses due to the unavailability of loan. We offer simple and fast business loans to our customers.
The website is a very secure and simple website which provides the customers the facility to avail loan online. Interested people may visit our website and go through the rules and regulations provided there to avail business loans. They have to submit some important documents regarding the loan and our experts provide the loan very quickly after verifying the documents.
Documents required
Businessman:
·         Financial statements for last two years
·         Residential address proof
·         Proof of Age Certificate (ID proof)
·         Business Existence Proof
·         Bank statements for last six months
·         Copy of partnership deed (if any)
·         Passport size photograph
Salaried
  • Address proof.
  • Bank account statements for last six months.
  • Salary slips of last three months.
  • Age and identity proof.
  • Passport size photos.
·         Certified letter from Employer
Professionals
  • Address proof.
  • Bank account statements for last six months.
  • Salary slips of last three months.
  • Age and identity proof.
  • Passport size photos.
  • Tax returns documents.
Eligibility criteria for Business Loan
·         Monthly income: The monthly income must be minimum of ₹12500/-.
·         Employment status: The business must have an operational history of minimum 6 months.
·         Property value: There should not be any existing unpaid loan or any mortgaged property of the lender.
·         Relationship with the lender: The lender must have good customer relationship.
·         Age: The age should be within 21 years to 65 years.
Credit history: The banking history associated with that organization must be of minimum 1 year.

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