BUSINESS LOAN

Loan against property is one of the most common forms of a secured loan where you can pledge any residential, commercial or industrial property for availing the funds required. The loan amount disbursed is equivalent to a certain percentage of the property’s value and varies across lenders.

While some lenders may offer an amount equivalent to 50-60% of the property’s value, others may offer an amount close to 80%. A loan against property helps you unlock the dormant value of your asset and can be used to achieve personal life goals such as higher education of children or marriage and for business goals like business expansion, R&D and product development among others.

Working capital loan is one taken to overcome short-term shortage of cash. This is generally used to when cash in the business is not enough to take care of the day-to-day operations of the company. Working capital loan is a great way to overcome the seasonal shortfall of cash, irregular cash flow or to cater to a sudden spurt in business. A manufacturer, service provider, retailer/wholesaler or a trader engaged in imports / exports can apply for working capital loans.

Different types of working capital loans are:

• Cash Credit/Bank Overdraft
• Bill discounting
• Bank guarantee
• Letter of Credit, etc

Project Loan is provided to corporate borrowers for the purpose of capital expenditure including setting up of new/ additional manufacturing facilities, construction etc. Project loan is also available to acquire the fixed assets like land & building, plant & machinery etc. Project loans also provides financial assistance to real estate developers, for all types of projects at various construction related stages to ensure timely completion of the projects.

MSME stands for micro, small and medium enterprises, sometimes it is also shortened to SME for small and medium enterprises. Mostly, these loans are given to start-up owners, small business owners and women entrepreneurs on a short-term basis. The duration of MSME loans varies from lender to lender. As MSME loans are unsecured Loans, there are some minimum eligibility requirements in order to reduce the risk for lenders.

Features of MSME Loans:

• Ticket Value up to ₹ 2 Crore
• Apply for MSME Loan Online
• MSME Loan in 3 Days
• MSME Loans without Collateral
• Best Interest Rates for MSME Loans
• Flexible Repayment Tenure
• No Hidden Costs
• Zero Prepayment Charges