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Business Loan

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Introduction

Unsecured Business Loan

 

Unsecured Business Loans are a great option for expanding your existing Business or starting something new. There are some salient features of small Business Loans that you should know before applying for one, which include the following​:

​

  • Unsecured funding

  • Maximum Term 60 months

  • High Interest Rates Compared to Secured Loans

  • Easy to avail of this loan

 

Eligibility for Business Loan

 

A person who is having a business with good profit can avail a business financing. The loan provider Bank have their norms for sanctioning the loan eligibility.

Commonly checked details to process a Business Loan

01

Type of the business : ie Proprietorship, Partnership, Pvt Ltd. or Public Ltd.

02

Business Turnover

03

Business Cash Flow

04

Business Profit

05

Nature of Business & Customers

06

End Use of Loan Amount

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