Capital stream is the reinforcement of any fruitful business. Whether your business needs short-term loans, intermediate-term loans or long-term loans, you need not worry. Lending Bulls ensures you to get the best financial solutions to take your business to new heights of success. You can utilize the loan amount to put resources into framework, grow activities, buy hardware or stock, or even increment working capital.
An entrepreneur or businessman has various fund requirements for running a business operation. Business loans can be taken for adding stock, paying dues, paying taxes, need for expansion, adding new machinery, creating new infrastructure, introduction of new technology, etc. Business loan specially caters to the self-employed people where the loan is given on the basis of the status of the business i.e., its assets and liabilities, turnover, bank statement and stability proofs. There are both secured and unsecured loan options for a business entity. Here we are specifically dealing with an unsecured business loan which is not given against any collateral or assets. Unlike other loans, where the loan is always secured against some other asset, there is no collateral or mortgage involved. We can be your best partner for business loan in Delhi and other parts of the country.
Business loan is a financial product that ensures a continuous flow of funds for the SME business to sustain its growth momentum and business expansion. It is type of unsecured loan, the major advantage of business loan in India is that it does not require any collateral or security and most of the banks sanction business loans with minimum pre-payment charges.
Business needs are different and this means that there are many options available to you when you are looking to raise debt. We list some types of loans that you can consider when looking for money. The list is not exhaustive but should give you a fair idea about the options. For example, the loan requirement for business in Delhi may be different from loan for business in Delhi-NCR.
Your loan amount eligibility depends on your business credit status. Your existing loan amount and EMI are also considered while processing any new loan application. The basic criteria adopted by most financial institutions is that your business P&L statement will be evaluated to determine your profit margin and this will also be offset against any business liabilities you may have. We can help you with this information to avail unsecured business loans in Delhi and other parts.
All the financial institutions will try to find out whether you will be able to repay the loan taken or not and for that the maximum loan amount becomes very important. The maximum loan amount eligibility criteria differ from bank to bank but some of the key factors that are generally considered are – current credit score, current loan and liabilities status, credit history, credit card outstanding status. If your current liabilities exceed your assets and income sources, you will be eligible for at least the maximum loan amount. If you have low liabilities and high-income sources with good repayment track then you will be eligible for higher loan amount. We can help you with this information to avail unsecured business loans.
Since this loan is granted based on the status of the business and the creditworthiness of the business owner, the following documents would be required by a bank or financial institution to apply for a business loan in Delhi NCR –
In this case your loan service provider is your best friend i.e., Lending Bull. We will make every effort to process your loan application with the right financial institutions that match your requirement in terms of business loan amount, interest rate and processing fee. will eat. We provide you the following help and benefits -
Lending Bulls is a reliable option for availing business loans for a variety of business organizations or manufacturing units. We cover micro to large scale business ventures that require consistent financial fuel to be at par in their industries. Our instant service, online processing, quick disbursal of loan amount and other relevant features add to our services.
