Small Business Loan
Small Business Loan
Let your dream business turn into reality, with the customized loans designed for new ventures and existing enterprises. If you don’t have sufficient collateral with you, a collateral-free loan will help you to a great extent to fulfill your small business loan credit business requirements.
What’s more are you waiting for? Fuel your small business to higher heights with quick and easy access to credit.
Collateral-free Loan
Most banks and NBFCs offer small business loans to their customers without any collateral. By doing so, business can be able to reduce the chances of losing assets in case they default during the repayment period of loans.
Get a variety of options for your business to purchase equipment and inventory.
Key features-
• Get loan ranging from Rs. 50,000 – 75 lakhs
• Convenient loan repayment tenure of 12 to 60 months
• Quick and simplified process
• Loan at competitive interest rates
Small business loans are mainly categorized into 2 different categories:
Business Advantage Credit Line: An unsecured business loan of credit can help you bridge the gap between payable and receivable without collateral security. This type of loan can be used by existing 2-year businesses.
Business Advantage Term Loan: An unsecured term loan give access to lump sum working capital to enhance business creditability and improve business cash flow without collateral requirement. Unsecured small business loans come with low interest rates and convenient repayment terms.