Business Loan

hi sir !

I have starting new pvt.company and i want get Loan from Bank.

I am starting new company for web designing,advertisement purpose.

so how can get i loan from bank? and what is process for it?

Thanks in advance !!!
 

Replies (3)

You need to apply to any Bank or financial institution for loan purposes. As per the nature of business i guess it will be categorized under SME. For loan proposal you would also need to submit projections depicting the profitability of your business in future so as to confirm it to the lender's parameters.

 

All the Best.

To manage your company financial process, you can apply for business loan  from any banks or NBFCs.The scenario of loan for business in India is consistently improving. Thanks to the Make in India initiative by Govt. of India. The difference between SME’s numbers and the percentage of small businesses having access to formal finance is substantially big but it is going to improve for sure in the coming future. Lots of options are coming up in the Indian diaspora regarding loan offerings. Companies like Capital Float are offering some quick money in loans against no collaterals.

There are some aspects which are to be kept in mind while going for a business loan, like:

  • Your eligibility for a business loan.
  • Your business plan should be precise.
  • Your credit profile should be outstanding.
  • You should be highly organized in providing your documents.

I would suggest you to go for Fintech company like Lendingkart Group. Lendingkart Finance Limited (formerly Aadri Infin Limited), is a non-deposit taking NBFC, providing SME lending in India. The Company aims to transform small business lending by making it convenient for SMEs to access credit easily. The Company uses technology and analytics tools, analyzing thousands of data points from various data sources to assess the creditworthiness of small businesses rapidly and accurately.

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