A Business Loan also known as Commercial Loan is a loan for Self Employed & Business owners. No requirement of collateral or security or mortgage. Plus it is offered with minimum documentation.
You can use the funds from this loan to Expand Your Existing Business, Buy Stock, Buy Machinery, or Increase Production & Reach- look no further than TriWealth India.
Who Offers Business Loans?
All leading Banks & Non-Banking Companies provide Business Loan of your choice & tenure.
How do Business Loans work?
Only Business Owners, Professional engaged in practice (Doctor, CA, Architect Etc) can apply for a Personal Loan. Business Loans are offered from 1 year to 5 years period.
Documents Required for Business Loans
You require PAN Card, Aadhar Card, 3 Months Salary Slips, Form 16 or 3 Years ITR, Business Registration, GST Certificate & Bank Statements. Few more documents could be called for by the financer. Talk to us to understand documentation in a better way.
Few Variants of Business Loans
- Loan Against Shop/Property.
- Loan on Used Car.
- Loan on the basis of Turnover.
- Loan on the basis of Banking Transaction (Balance Maintained)
What is the Interest Rate & Fees Charged?
Interest may vary on your profile, CIBIL, tenure, occupation & other factors. They start from 11% to 24%. Processing fees of 1%-2.5% may also be applicable.
Foreclosure Charges
Depending on Bank or Financial Institution the foreclosure can be 1% to NIL. Generally, after 6 months the foreclosure charges is zero.
Why TriWealth India for Business Loans?
TriWealth India is India’s leading partner with many Banks & Financial Institutions to distribute Personal Loans. To name a few we are closely associated with HDFC Bank, Axis Bank, ICICI Bank, TATA Capital, Indiabulls, Bandhan Bank Etc.
TriWealth – WORKS FOR YOU, not for any Bank or Financial Institution.
We work with integrity & on a comparison basis. A product Best for YOU is Good for us.
We arrange Loans – With Lowest Rate Possible, Lowest Documentation & as per Best Suitability. Trust Us…
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Minimum & Maximum Amount for Business Loan
Rs 50000- Rs 2500000
Time Required for Business Loan
2 Days -10 Days (Depending on how fast you can make the documents available & the processing Bank)
How to Apply for Business Loan
