Business Loan in Prabhadevi, Mumbai

We’ll help give your business that edge! We are here to provide our precious clients with superb Business Loan solutions. We are a coveted Business Loan Services provider in Maharashtra, India. Whether big or small Business entity, to fuel future growth or to make buoyant projects capital funds are requisite. We will help you decide which type of Business Loan either secure, unsecure, with, or without collateral is suitable for your business. As it is a challenging task, our expert consultation will help you out for sure. We can consult quick Business Loans ranging from Rs. 5 Lakhs to Rs. 50 Lakhs for a possession varying from one to five years.   The Interest Rate : Business loans against property in India are provided by banks and NBFC both. In general, the rate of interest charged by banks is relatively lower than that charged by NBFC. These business loans against property are generally taken for the purpose of working capital needs of the business. In some of the cases, the entrepreneur's immovable assets can be offered as collateral against a bank loan for capital expenditure, such as construction of a plant or purchase of new tools and machinery.The Eligibility : Self employed businessmen with an annual turnover of Rs. 2 crore Manufacturers with an annual turnover of Rs. 1 crore Service Providers with an annual turnover of Rs. 50 lakhs If you have been in the business for last three years, without break, showing a cash profit for the past two years. How to Apply : Try a commercial bank, or one you already bank with. You can also apply through the Small Business Administration (SBA). The lender will demand complete documentation of your personal and business financial status, so sit with your CA and put your finances in order before you apply for your loan.Equated Monthly Instalment : EMIs are set on various parameters and you have to sit down and carefully figure out which lender is offering you the best deal, and with what riders and conditions. Should you require it, Creditfina advisers would be happy to assist you in making sense of Creditfina's comparative loan chart for this purpose.The List of Documents : The must-have documents include : I.T.R. of the company for the past two years, company's Balance Sheet and Profit & Loss Account Proof of ownership of Residential or Commercial Property (including Parental Property) in select locations Latest six months current account statement of your firm. Proof of Identity and address proof of yours and the business establishment The Sanctioning Process : If the bank is not convinced about your credentials, your application may get summarily rejected. On the contrary, if your documentation is complete in all respects and satisfactory, it may sanction you the loan, although it may be slightly lower than the amount you have applied for, or what your business may be currently eligible for. The firm's/your repayment capacity will be judged on the basis of your current income, age, qualifications, experience, type of establishment, nature of business (if self employed), to cite a few selection criteria.

In providing collateral management services, we work in partnership with 16 leading banks and in more than 200 locations across the country.

We have been a pioneer in providing collateral management services to banks. These services have assisted industries, traders and farmers in financing their capital requirements at all stages of the supply chain, ranging from pre-harvesting to the marketing and export stages. We also offer premium services for working capital financing in commodity-based industries, especially agro-based industries. In providing collateral management services, we work in partnership with 16 leading banks and in more than 200 locations across the country.

business loan, Mortgage Loan, home loan service, education loan service

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Business Installment Loans, Project Finance Services, import consultants

unsecured business loans, SME Loans, working capital loans

collateral management, Draft Survey Services, Engineering Inspection

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personal loans service, loan services

business loan, Mortgage Loan, Personal Loan, Business Project Financing

Unsecured Business Loan, business finance, Loan Against Property