Showing posts with label Loans. Show all posts
Showing posts with label Loans. Show all posts

Tuesday, November 30, 2021

Business Loan

                        Apply Online
Customized Interest Rates 1.5 to 2% per month
Processing Fees 2-3%
Loan Tenure up to 36 months
Pre-closure Charges Nil**
Eligibility Criteria > ₹ 90,000 turn over for 3 Months
Loan Amount ₹ 50,000 – ₹ 2 crore
Installments Flexible Monthly / Bi-weekly

Eligibility Criteria for Business Loan
Lendingkart has kept the eligibility requirements to the bare essentials in order to process business loans faster. We do not require too many documents or unnecessary paperwork that can hold-up the loan approval process.

An established business that has been in operations for more than 6 months.
A minimum turnover of ₹ 90,000 or more in the 3 months preceding your loan application.
The business should not fall under blacklisted / excluded list for SBA finance.
The physical location of your enterprises should not be in the negative location list.
Trusts, NGOs and charitable institutions are not eligible for small business loans.
If you are not sure if your business falls under a restricted category or location, you can contact us to confirm your eligibility.
                         Apply Now