Business Loan

Overview

Every business, irrespective of its size and nature, requires funding from time to time. A business loan is an unsecured credit solution that can help meet your growing business’s urgent financial needs. With Loanwala Solutions, you can apply for a business loan to access the funds required to expand your business, enhance production, go digital, procure inventory, buy equipment, and much more.

At Loanwala Solutions, we offer business finance of up to Rs. 90 lakhs, ensuring a seamless experience from the comfort of your home or office. Forget about lengthy paperwork or running from pillar to post—our streamlined process makes accessing funds easy and efficient. Choose a repayment tenure that fits your convenience and focus on growing your business without financial stress.

With our business loan solutions, you can tackle short-term and medium-term financial requirements with ease. Whether you want to equip your team with the latest technology, open a new store, or stabilize your cash flow, Loanwala Solutions’ structured EMI options and extended tenures provide the perfect funding companion for your business ambitions.

Eligibility Criteria

Business owners need to meet the following eligibility criteria to avail of funds for their businesses From Loanwala Solutions:

  • Age: Applicants must be between 24 and 65 years of age (at loan maturity).
  • Business Vintage: Applicants must have a business vintage of at least 2 years.
  • Annual Turnover: The applicant’s business must have a minimum annual turnover of ₹6 Lakh.

Features of Our Online Business Loan

Collateral-Free Loans

At Loanwala Solutions, we offer 100% collateral-free business loans. This means you can easily secure the funds you need without putting any personal or professional assets at risk.

Instant Loans

Experience a swift and straightforward online application process with Tata Capital. With minimal documentation requirements and a digital platform, you can apply for a loan without burdensome paperwork, accelerating approval timelines.

High Loan Amounts

Running a successful business requires substantial capital.Loanwala Solutions provides business loans of up to Rs. 90 lakhs, enabling you to expand operations, manage working capital, invest in equipment, and pursue new opportunities without financial constraints.

Flexible Repayment Options

Enjoy the flexibility of repayment tenures ranging from 12 to 60 months. For lower EMIs, opt for a longer tenure; if you prefer to repay faster, select a shorter tenure with higher EMIs. This flexibility allows you to select a repayment plan that aligns with your business's cash flow cycles, ensuring manageable repayments.

Competitive Interest Rates

Benefit from competitive interest rates on business loans from Loanwala Solutions. Our transparent rate structure, with no hidden charges, ensures manageable borrowing costs.

Minimal Documentation

Enjoy a streamlined application process with minimal documentation requirements. Provide essential documents such as address proof, proof of identity, business existence proof, and financial statements for a hassle-free experience.

Diverse Business Loan Options

Select from a range of specialised business loans tailored to specific requirements, including loans for women entrepreneurs, MSME/SME loans, working capital loans, and machinery loans. Each loan type is crafted to address unique business needs, providing customised financial solutions that align with your growth objectives.

Tailored EMI Options

We understand that flexibility is crucial in managing business finances. That's why we offer customised EMI plans tailored to your needs. You can opt for a fixed EMI plan, where your repayment amount remains constant throughout the loan tenure. Alternatively, you can choose a structured EMI plan that allows you to select a repayment schedule best suited to your monthly income.

Online Calculators and Tools

Access a suite of online tools, including EMI calculators, pre-payment calculators, GST calculators, and foreclosure calculators. These tools help you make informed financial decisions and plan your repayments effectively.

Documents Required

Documents Requirement
KYC
  • Director/Proprietor/ Partner PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
  • Proprietor/Partner/Director PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
  • Personal Docs - All Individual/Partner/Director - PAN Card/Aadhaar Card/Driving License/Voter ID/Passport & Officially Valid Documents + Proof of Address (If not as per Officially Valid Documents)
  • Business Docs - Business Registration Proof + Business Address Proof (if not as per Business Registration Proof)
Business Address Proof Utility bills/ Rent Agreement
Financial Documents Bank account statement of past 6 months.

When Should You Choose a Business Loan?

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Expansion of Your Business

Sometimes, you may need finances to fund the expansion of your business. This may include adding a new dimension to your existing business or procuring new spaces for expanding your reach. The best way to get business funding for expansion is a business loan.

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Purchase Raw Materials

If you’re into a manufacturing business, you may need continuous funding to procure raw materials or inventory. During peak seasonal fluctuations, you may need additional funds to stack up a large volume of inventory. A business loan can be of great help in such a situation.

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Shortage of Cash-flow

Ensuring a steady stream of cash flow is critical for a growing business. A shortage of cash flow can have a detrimental impact on your business. A business loan can help you maintain a healthy cash flow even during crunch times or off-seasons.

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Buy the Latest Equipment

In the competitive world, no business can survive without the use of cutting-edge technology. However, the sky-rocketing costs can sometimes deter business owners from upgrading their business equipment. In such scenarios, a business loan can ensure that they don’t have to suffer.

Our Satisfied Clients

Testimonial