Small enterprises often find it difficult to attain credit as their credit rating may be low or the balance sheet may not satisfy demanding lenders. Hence, to meet the demand for financial infusion in such businesses, we have tied up with banks who offer easy loan for SMEs. The interest rates are kept minimal and loan amount is variable as per the size of business. Start-up owners have benefited a lot by this loan as they were able to fulfil business commitments on time without keeping any collateral.
Starting from 5 lac, the loan amount can go up to 50 lac depending upon eligibility
To enable easy repayment the tenure of loan varies from 1 year to 5 years
MSME loan can be utilised to meet a variety of expenses for business without limitations
Business owners do not need to provide any security for availing MSME loans. Since the loan is targeted at budding businesses, the risk factor is completely removed. The ownership of your assets remains with you even when you take a loan.
The repayment plan is finalised after discussion with our clients and knowing about the scale at which they plan to expand the business. Judging the repayment capacity, we search the suitable financier who provides flexible EMIs to avoid default.
Since the need for investment in a small and medium enterprise can vary significantly, we facilitate loans starting from 5 lac to 50 lac. The amount is transferred at once to your account and can be withdrawn as required.
Only 3 documents are required for availing MSME loan. You need to submit bank statement of the business, your identity proofs and copy of registration of business to prove its existence as a SME. These can be furnished online when applying for loan.
To enable start up companies to avail the benefits of security free credit, the eligibility criteria are kept easy. Any company that has been in operation for over one year and has shown revenue earning for past 6 months can apply for loan.
When a company is in the growth phase, the need for finance can increase in unprecedented manner. Hence, we also syndicate for top up loans on an existing account without any documentation. It must be within the maximum loan limit.
In a fast paced and highly competitive corporate environment, making a mark for your business requires that you make investments at the right place and at the right time. Availing every opportunity will be possible when you don’t have to worry about finances.
We fasten up the loan submission process and safeguard loan formalities.
Since our lender partners don’t keep a watch on how you use the entire loan amount, you can put the amount at different places to grow your business in multi-pronged way.
With the streamlined procedure for MSME loan approval and disbursement, the entire process gets completed within 24 hours if done in legitimate manner. The documents are vetted by our partner banks and NBFCs without any delay.
With long term loans, extending up to 5 years, you can plan a solid expansion plan for your business. Finding investors and partners is easier once you contact us for loan.
The loan for small enterprises and start ups is not meant for a single purpose, as we realise that you need money for several business obligations small investments. You can use the loan amount for the following purposes, amongst others:
Our selected financing partners have the lowest interest rates for SME loans and the option of floating interest rate is also available. There is no penalty for prepayment of loan. Also, the loans facilitated by us are free of hidden charges or fines. The interest is levied on the amount that is actually withdrawn by you and not the entire loan amount.