What is a Business Loan?

A business loan is a financial product designed to help businesses fund their operational needs, expansions, equipment purchases, or manage cash flow. It provides capital for businesses to grow and sustain their daily activities efficiently.

Benefits of Business Loans

• Increase working capital for smoother operations
• Purchase new machinery or upgrade equipment
• Expand your business into new markets
• Improve cash flow management
• Build creditworthiness for your business

Eligibility Criteria

• Registered business with valid licenses
• Minimum 1-2 years of operation
• Good credit history
• Consistent income or revenue proof
• Valid identity and address proofs

Loan Application Process

• Submit required documents online or offline
• Verification and credit assessment by the lender
• Loan sanction and agreement signing
• Disbursement of loan amount
• Repayment as per agreed schedule