Are you having a small business to which you always wanted to expand and take it to the next level? Although you were having a wish to do that, did you face financial issues to do that? You are not the only business owner who faces such circumstances in India. Many business owners have the idea to expand their businesses on a large scale, but it is the shortage of money that discourages them.
You do not have to sell your property or anything for expansion for your business. Yes you can avail the business loan upto 30 lakhs via Business Loan App.
What is Business Loan?
A business loan is a collateral-free and unsecured funding facility that has been created by the leading banks,financial institutions and other lenders to help small businesses.
Business Loan Eligibility:
Your age should be 25-56 years.
Your business should be at least 3 to 4 years old.
Your business must have filed proper ITRs for at least for the last year.
Benefits of Business Loan App:-
Online loan account access- You can also use the digital customer portals of your lenders to monitor the progress of your business loan right from anywhere and 24/7.
Hassle-free loan facility- A business loan is an unsecured loan facility and it will be approved within 24 hours after the submission of the online loan application form via smartphone or laptop. Once you have the loan approval, you can directly get money disbursement into your bank account within 3 working days.
Flexi loan facility- No need to keep paying EMIs for your entire business loan with or without using the entire limit at a time. You can now use the flexi loan facility to withdraw an amount from your total loan amount limit as per your needs and pay only the interest as EMI. The remaining amount gets adjusted after the end of the loan tenor.
