There is two type of bank loan for business. One is secured small Business Loans another is unsecured small Business Loans. You can opt any option as per your requirement.But getting secured small Business Loans is the best choice as bank charge less interest in secured loan then unsecured. As a business man it is the best idea to arrange money for business with less business loan interest rate.We help you to get small business loans in delhi to meet your business requirements .
Reason for rejection of small business loan
Different businesses needs different amount to run a business. It’s important to note down working capital needs for daily business expanse ,purchase specialized machinery or raw materials and inventory. So that when need a small business loan you can approach bank with proper reason to fund your business. If your individual as well as business credit history is proper then You can avail a fast business loan from any bank easily. Cibil score plays a significant role on bank loan for business. Due to rise in bad business loans banks are now became strict on civil score and other loan section factor before approving any business loan. Bank also adopting a new mechanism towards to prevent such incidence. Thats why keeping cibil record clean became mandatory .Cibil scores above 750 to 800 helps applicant to get small business loan fast & easily.
To get small business loan required minimum business operation tenure at least two yrs or more. For small business loan the consistency of business play a major role. More existence in the same business always increase the probability of getting a approval in bank loan for business
If business income not steady and profit margin not increasing or equal year on year basis there is a chance bank reject business loan application or if approved they only approved for small business loan amount . Because Bank always calculate the risk before offered a fast business loan amount to certain company . Bank believes to offer a fast business loans to such business man or person who have capability to repay the business loan interest rate along with principle amount. Bank don’t want to go for any legal procedure to recover loan it hurts its business . More over bank has to appoint one employee to communicate with applicant. To avoid such situation bank always rectify the repayment capability of the applicant before lending a small business loan.
How can i calculate small business loan emi?
Business Loan calculator helps applicant to calculate per month business loan interest rate and find flexi loan tenure with flexi emi . At the time of calculating loan emi and flexi tenure we can’t change the business loan interest rate that is fixed or pre-defined by the lender.we can only make loan emi flexi by increase or decrease the loan tenure. Both are vice versa, Increase in loan emi amount decrease in tenure and decrease in loan emi increase in tenure. This rule is applicable for all kinds of bank loan for business .It may small business loan or fast business loan.
How to get a small business loan?
We provide small business loan to the Business man from all the sector it includes Manufacturers , Service providers,Traders etc.
Who is eligible for small business loan ?
1.Proprietors of any big or small business
2.Business partners (all partners are liable for reapy business loan interest rate)
3. Pvt Ltd companies,
4.Trusts & societies
How to get a small business loan easily than you think.
A small Business Loan helps a lot to set up business . Small business loan works as a fuel of the business. Still due to lack of knowledge business owners view getting business loan as a complicated process. When a business man apply for a bank loan for business, they feel that they are appearing for exam because they need to prepare themselves with lots of document, business plan, why they required money , how they planned to repay the loan. And they have to qualify upto the mark as per the expectation.Due to many formalities businesses man some time fell they aren’t eligible for the bank loan for business. They can’t fully fill the requirements of the small business loan.
It’s not a big deal to get approval for a small business loan.Maximum small business owners failed to get small business loan because they’re knock wrong door .Thats why to make the process simple and easy. We do home work on behalf of the applicant and find the best bank loan for business and advice them how to get fast approval for the loan with Flexi loan emi option. We really understand your business and the requirements of small business loan for running business smoothly. We are ready to helping business man to solve there real business problems fast, simple and efficient manner so that they got a bank loan for business.A Small business loans impact can be crucial to your business success as a owner.
How to take loan for small business.High EMI bank loan for business VS low interest flexi Business loan
For Small business loan owners of the business do not research their financing options available in the market even it is small business loan for machinery purchase.Thats why end up with a high business loan interest rate instead of flexi business loan. They only use there mind to get fast business loan approval, any how need quick cash. But getting a loan with high business loan interest rate and short repayment tenure means putting yourself into a deeper trap. This is advisable before taking small business loan or fast business loan it is necessary to review all the terms and condition of the loan and check the business loan interest rate .we help you to find low interest loan for your small business having flexi business loan tenure with low rate of interest.
How much amount one can avail as a small business loan & the tenure?
If you are a business man and required small business loan amount . If you apply for small business loan with us we help you to find fast business loan with flexi emi option ranging from 1 lakh to 3 cr. for a tenure starting from 12 -48 months.
Need bank loan for business,How long lender take to approve small loan disbursement ?
When all documents are submitted by the applicant required for loan section. Processor takes only 3-5 working days to approve loan if all the documents submitted by applicant as per lender requirements and cibil score proper .
How a small business loan help business man? why business man want fast business loan.
- Business man get Upfront fast business loan amount at a reduced interest rate for unpaid invoices or receivables
- Small business loan helps refinancing business debt, unexpected expenses and longer-term investments
How can you upgrade your business with our small business loan ?
No consultation fee and No application fees.There is no pre-payment penalty also after 12 month if you want to close your business loan.processing fee will be negotiable . fill online your application for your business loan from your your office and get offer with in 24 hr. Review the offer submit documents soon as possible to get fast business Loan approval,.amount will be depends on your creditworthiness and few other variable factors like business profit, stability, business cash flow, line of business.
Why few business man preferred unsecured small business loan
1)Many business man preferred to unsecured small business loan because they don’t want to put there property in risk
2)Unsecured small business loan takes less time for approval because there is no collateral involve
1)For secured small business loan mortgage of property is mandatory. Most of the business man don’t have a property for mortgage. So they prefer unsecured flexi business loan to expand their business.
Your cibil score never be a obstacle in the way of your business , we we’ll work together so that you can get best deal you qualify for. For most of the cases cases, we find small business loan offer so in future you can eligible for long term fast business loan.
Disadvantage of taking unsecured big or small business loan
1)Bank always charge high business loan interest rate for Unsecured business loan . As result profit of the business always minimize . From profit A large amount goes to bank in the form of emi
2)Any kind of unsecured small business loan always for short term there for it effect emi. Monthly emi always big which is some time become unaffordable for business man.