There comes a time in every business when there is a need for extra credit and funds for its smooth functioning. These funds help you, the business owner, to expand, invest and help in your working capital needs. At times like these, a quick business loan is the best financial aid that can help you grow.
This borrowed capital can be applied towards daily capital expenses, for specific project funding, expansion of the business including purchasing of new machinery for the business. You can also apply to take a loan for business if you need investment for starting a new business or ancillary units for your existing business.
Maintain a healthy cash flow with a Working Capital Loan without any security and keep your business away from any financial roadblocks.
Install or upgrade to the latest plant and machinery or equipment with a Machinery Loan and meet bulk orders smoothly
Small and medium enterprises can now grow their operations and scale in an easy way with SME and MSME Loans.
Especially designed for women entrepreneurs, Business Loans for Women offer finance up to Rs.30 lakh to support their growing business needs.
You need to be minimum of 25 years of age and maximum 65 years
Your business should be registered
Your business should have been making profit for 3 consecutive financial years
Turnover should be on a positive trend
Balance sheet has to be audited by a registered chartered accountant
Loan availed should be on the Existing business
Complete KYC of the company
KYC documents of the owners, partners, shareholders
Audited balance sheet and profit & loss account for 2 years
Income Tax Returns for 2 year
Certified bank statements for six months
You can use the funds for any immediate requirement you may face including your daily capital needs.
Unlike investments from private equity firms or entities, there is no need for profit sharing
Business loans can also help in tax benefits for the company
You also have the option of opting for Flexi EMIs, where you can control the outflow of repayment
For all our customers, Tata Capital offers pre-approved loans for the business finance needs
There is no need for any collateral or guarantee for business loans for up to Rs 50 lakhs