We provide The Loan All India
For Business Loans
What's something exciting your
Owning A Business Is An Exciting Journey.
Business loans are the primary financial commodity used by individuals and companies to start a business, revamp existing businesses, and for expansion purposes.
Business loans are provided to meet the requirements of working capital, purchase equipment or machinery, boost business cash flow, and much more.
No longer do you have to stifle your creative ideas. With funds at your disposal, you can now Expand your business without hesitation. So the Business Loan (I.T.R Loan) is just few steps ahead of you, follow the following steps and formalities required to get a Business Loan (I.T.R) from us (it's very easy, just take the Steps......)
Documents Requirement :
- 2 Recent Passport Size Photographs (Valid up to last six month captured)
- Last One Year ITR
- Address Proof
- ID Proof
- Bank Statement of last Three month. & Business Reports.
Let lenders know that rejection will not discourage you from starting or growing your business. You want to portray a confident and determined personality and you will not try lender after lender until you receive the money you need to get your business moving. As a business owner, you will need a certain degree of fortitude. Be confident and proud of your venture. Let lenders know you are in control and know what's best for you and your business. Understand that lending institutions need to make loans. But if you don't get one, don't get discouraged. Ask the lender why you didn't get the business loan. Learn from the answer, rectify and move on for other lenders.
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash advances and cash flow loans. Business loans may be either secured or unsecured. With a secured loan, the borrower pledges an asset (such as plant, equipment, stock or vehicles) against the debt. If the debt is not repaid, the lender may claim the secured asset. Unsecured loans do not have collateral, though the lender will have a general claim on the borrower’s assets if repayment is not made. Should the borrower become bankrupt, unsecured creditors will usually realise a smaller proportion of their claims than secured creditors. As a consequence, secured loans will generally attract a lower rate of interest.
A business loan is debt that the company is obligated to repay according to the loan’s terms and conditions. Before approaching a lender for a loan, it is imperative for the business owners to understand how loans work and what the lender will want to see from the owner. A business loan is borrowed capital that companies apply toward expenses that they are unable to pay for themselves. Some business owners use business loans to pay for salaries and wages until their new company gets off the ground, while other companies put borrowed funds toward office supplies, inventory or business projects.
Documents Valid As Address Proof :
- Ration Card
- Electricity Bill
- Mobile Bill
- land Line Bill
- Passport
- House tax slip water bill
- Gas Bill etc.
Documents Valid As ID Proof :
- PAN Card
- Voter cards
- Driving License
- Job certificate (at present) issued from company in which works
- College Identity Card, Etc.B
For Property Loans
Property Loan for Commercial Residential Properties
Loan against property allows you to use the value locked up in a property to meet any expenses you may have. While the loan amount depends on the total value of your property, you are free to use the funds as you see fit. Your property acts as collateral for the loan, but you can continue to use it as before.
Some of the basic purposes for which this loan is usually taken are expanding business, acquiring assets, education needs, marriage, etc. The loan is granted against the mortgage of the residential/commercial/industrial property. The end use of the loan should be from the uses allowed by the bank. The borrower is required to declare the end use of the loan in its application form.
Documents Required For Property Loan :
- 2 Recent Passport Size Photographs (Valid up to last six month captured)
- Last two month Pay Slip
- Address Proof
- I.D Proof
- Bank Statement of last Three month.
For Business Class : Pan Card/voter ID/last Two Years Income Tax Returns Front Page Copy/bank Passbook Front Page Copy/electricity Bill/ration Card or Gas Book Copy/optional: If You Have Business Registration Copy.
Documents Valid As Address Proof :
- Ration Card
- Electricity Bill
- Mobile Bill
- land Line Bill
- Passport
- Mool Niwas patra
- House tax slip water bill
- Gas Bill etc.
Documents Valid As Address Proof :
- PAN Card
- Voter cards
- Driving License
- Job certificate (at present) issued from company in which works
- College Identity Card, Etc.
For Mortgage Loans
What is Mortgage Loan?
A mortgage loan is a type of secured loan where you can avail funds by providing your asset as collateral to the lender. This is a popular form of financing as it helps the borrower avail a high loan amount and prolonged repayment tenor..
A mortgage is usually a loan sanctioned against an immovable asset like a house or a commercial property. The lender keeps the asset as collateral until the borrower repays the total loan amount.
A home loan or a commercial property loan can be availed only to purchase a home or a commercial space respectively. On the other hand, a loan against property has no end-use restrictions. It can be used to fund overseas education, a wedding, a home renovation, etc.
Documents Required For Mortgage Loan
- 2 Recent Passport Size Photographs (Valid up to last six month captured)
- Photocopy of Property Documents
- Address Proof
- ID Proof
- Bank Statement of last Three month.
For Business Class : Pan Card/voter ID/last Two Years Income Tax Returns Front Page Copy/bank Passbook Front Page Copy/electricity Bill/ration Card or Gas Book Copy/optional: If You Have Business Registration Copy.
Documents Valid As Address Proof :
- Ration Card
- Electricity Bill
- Mobile Bill
- land Line Bill
- Passport
- Mool Niwas patra
- House tax slip water bill
- Gas Bill etc.
Documents Valid As ID Proof :
- PAN Card
- Voter cards
- Driving Lincense
- Job certificate (at present) issued from company in which works
- College Identity Card, Etc.