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Business Loans

Business Loans

Each business is unique & have specific requirements. Business loan is offered by various banks & financial institutions across the country are customized & customer centric. These are made to offer the business owners with the wide array of financing alternatives.

The small business loan is safest & easiest option to appropriately finance the business objectives. Banks & financial institutions offer tailor made loans based on nature, scope & goal of the requirements. FNFS brings special Doctors Program for MBBS, BDS & Above qualification Interest rate start from @10.99%, Loan up to 5 Years.

Eligibility

The eligibility criteria for availing business loans in India are as mentioned below:

  • The applicant must be the owner of the business. In case of startup, the person should have a business model ready to show to the lending agency

  • In case of an established business, the proper documents in support of the business existence must be available with the applicant

  • In case of applicant looking for business for buying machinery etc, the applicant must have adequate paper to showcase the price etc of the machinery

  • The applicant must have ITR of last two years.

Requirements

There are various purposes, which force loan seekers to seek business loans. The various needs of the business loan can vary from either the expansion of the business to the introduction of new services/wing of the company. Here are some requirements as such:

  • To establish a new business

  • For Business expansion

  • Introduction of the new wings/services in already existing business

  • Expansion of the business/its branch

  • Purchase of Machinery/equipment in business

  • • Bringing in new talents in the business


Features

Business loans in can be availed in range of Rs.1,00,000 to Rs. 2 Crore. These loan applications normally get approved quickly without any hassle during the process. Most banks & financial institutions provide the customer with promise of unsecured lending solutions when it comes to the business loan. The business loan come with the added benefit of services, like SMS, Web Chat, Phone Banking, etc. Some banks extend exclusive higher loan amounts to the self-employed customers. With minimal paperwork & flexible repayment options, more & more business owners are leaning on business loan to fund the business need.



Business Loans by FNFS

  • Avail Business Loan up to Rs. 2 Crore from 40+ Banks and NBFCs.

  • loan application and approval

  • Minimum documentation

  • No collateral

  • No guarantor required

  • Compare Interest Rates for a business loan

  • Affordable interest rates

  • Calculate your monthly Business Loan EMIs.

  • Flexible loan tenure upto 180 months


Benefits

Unsecured business loan enable businesses to fund exact exigencies & repay the loan amount in easy EMI. These loans are availed for the different reasons, including the business expansions, working capital, etc.

Banks & financial institutions offers business loans to customers with flexibility of the doorstep service. Furthermore, business loans in India normally do not expect any collateral, guarantor or security from an applicant.

Some banks offer customers with a facility of business loan within a minute, either online or through their branches. These speedy approvals assure that customers do not waste their time waiting to hear from banks for status of their loan application.

Business loans are destined to help small businesses to meet their capital & other requirements. Generally, the following categories of people can avail the business loan.

Business Loan Interest Rates 2018

To help its customers get the best interest rates on Business loans FNFS has consolidated all the information regarding latest rate of interests at one place. Keep visiting this section and remain updated.


Information for comparison of rate of interests and loan amount.

Banks/Finance company Minimum ITR Net Profit Rs. Rate of Interest Between Loan Amount Provides Between Turnover
HDFC BANK 2.5 Lac 15% – 18% 1 Lac – 50 Lac Min 1 Cr
RBL Bank 2.5 Lac 16% – 22 % 1 Lac -50 Lac NA
Kotak Mahindra 2.5 Lac 16% – 21% 3 Lac – 75 Lac Min 40 Lac
ICICI Bank 2.5 Lac 16% – 21% 1 Lac -40 Lac Min 30 Lac
FULLERTON INDIA 2.5 Lac 19% – 28% 1 Lac – 15 Lac NA
Magma Fincorp 2.5 Lac 19% – 22% 1 Lac – 25 Lac NA
Capital First 1.5 Lac 19% – 28% 1 Lac – 15 Lac NA
Axis Bank 1.5 Lac 19% – 28% 1 Lac – 40 Lac Min 40 Lac
Doctor Loan 2.5 Lac 11% – 15% 2 Lac – 1 Cr NA

The FNFS understand, that you might need some financial hand to complete your mission either to setup your own business or to expand the business and various other related activities. The Business loans by FNFS ensure that the people in need, get the best assistance and best cooperation for their business loan needs. We believe that the business needs to expand constantly and for the ever expanding business, the need to infuse capital is utmost important. The company looks towards helping those needy, with the best services in business loans and offering the best arrangement for business loans at the best rates or interest in the best time.

Here are some particular features of Business loans, which will help you get better accustomed with Business Loans.



Important details

The business loans are considered as one of the toughest loan types to get in India and some lending agencies are being seen as demanding lots of paper work in the case of Business loans. We, FNFS provide best support to the applicant to get the business loans easily. We present some other important details regarding Business loans.

  • Business loans are best if there is no other option

  • It helps you in getting a huge amount as loan, which in normal scenario you cannot adjust on your own

  • These Business loans are a way to tax savings

  • The Business loans offer several other added benefits in terms of personalized services and over time, the better credibility and trust is established.

The FNFS invites all people who are looking for the hassle free and instant loan, especially in the category of personal loans and business loans. Offering you a better place for Loan and its easy approval and sanctioning, the FNFS offers several offers and added benefits to the applicants who are looking for the Business loans and personal loans in India.

With us, you can apply anytime, and we will get in touch in the quickest time possible. Working together, we ensure that the best guidance is provided to the applicants before they are offered the loans, so that they are better accustomed to the facts of the Personal loans and Business loans.

Our lending process starts with the determination to provide the ‘Best in Minimum Time’. Trusted by Thousands all around the country, the FNFS signifies the best customer services and holds one of the largest Portfolios for satisfied clients all over the country.