What is a Business Loan?
A business loan is a type of loan that helps the business owner, to expand, invest and help in working capital needs. At times like these, a quick business loan is the best financial aid that can help them grow.
This capital can be applied towards daily capital expenses, opening new branch, buying assets for company, specific project funding, expansion of the business including purchasing of new machinery for the business etc. You can also apply to take a loan for business if you need investment for starting a new business or your existing business.All major Bank and NBFC Provide Business Loan in Gurgaon.
Who is eligible for a Business Loan?
To be eligible for a business loan, these are the points you need to keep in mind:
What will be the maximum amount and the rate of interest of business loan you can avail?
With us, you can apply for a loan starting at Rs 25,000. The maximum amount you can apply for is Rs 1,000,0000, without any mortgaging or giving any collateral .
How much EMI do you have to pay??
The EMI that you pay depends on the principal loan amount, the interest rate charged and the period for which the loan is taken. We provide/help you to get a personal loan with loan tenure between 3 months to 60 months.
Business Loan Balance Transfer and Top-up
A Business Loan balance transfer facility can be avail by the customers who already have a running business loan with another financial institution and when they avail that loan at that point of time may be the interest rate is higher and now the rate gets lower and that customer want to take the benefit of lower interest rate. Lower interest rates help you to reduce your existing EMI.
Balance transfer of business Loan not only reduces the existing EMI but also helps the customer to take below mentioned benefits