Small Business Loan

編輯歷史

時間	作者	版本
2022-04-04 12:39 – 12:39	Finance Seva Loan	r1 – r5
顯示 diff - Untitled - - This pad text is synchronized as you type, so that everyone viewing this page sees the same text. This allows you to collaborate seamlessly on documents! + Small Business Loan + A small business loan is a loan product planned for investment in a business loan. It can be a secured or unsecured loan depending on the required loan amount, and the connection between the borrower and the lender. It is also known as a commercial loan. The Indian government established many credits programs for MSMEs, startups, SMEs, and individuals. + Apply Online Click Here:- Small Business Loan + Benefits of small business loans + Less paperwork needed. + No collateral required if taking an unsecured loan. + Speedy approval of the loan. + Hassle free application process + Flexible repayment option of up to 7 years. + An applicant having a good credit score can have the benefit of a low interest rate. + Eligibility criteria for small business loans + ITR should be filed for a minimum of 1 year. + The age limit should be between 25 to 65 years of age. + Minimum 3 years of business continuity. + An applicant gets a loan amount ranging from Rs. 50,000 to Rs. 75 lakhs. + Sales turnover must be audited by registered CA. + Cash flow must be positive in the business. + Documents required for small business loans + 2 passport-sized photographs. + Bank statements of last 6 months. + Identity proof: - Voter ID card, Passport, Aadhar card, PAN Card, etc. + Address proof: - Passport, Electricity bill, PAN Card, etc. + Certified Balance sheet displays profit and loss for the previous 2 years by chartered accountant. + Sole proprietorship and partnership deed. + *Trade and establishment license for business proof.
2022-04-04 12:38	(unknown)	r0
顯示 diff + Untitled + This pad text is synchronized as you type, so that everyone viewing this page sees the same text. This allows you to collaborate seamlessly on documents!