Business Loan in Delhi for Small Business

Why Business Loan In Delhi NCR for SME?

The economy of Delhi saw a boom over last few years. The tertiary sector contributed more than the primary and secondary sectors. Industries like IT, real estate, banking, insurance, agricultural etc. contributed significantly to the economy. 

Instant business loan for SMEs

Instant Loans Delhi-NCR offers a speedy process for availing a business loan. The application process is hassle-free and the products offered are flexible with zero requirements of the collateral. More importantly, we offer the best-in-class service for availing the right financial help. If you are seeking for a business loan in Delhi-NCR, then you are at the right place. We can get you best offers from 41 Banks/NBFCs with minimum application time, well-tailored loans and a flexible repayment structure. By partnering with us, you can take your business to the next level.

Here’s how our products can help you: 

Term Loan

This category is best suited for traders, resellers, manufacturers, and distributors. If you require a short-term loan, then this term finance product is ideal for you.

Obviously, there is an eligibility criterion for SMEs for availing the business loan in Delhi-NCR. Every bank/NBFC has a different product but eligibility criteria moreover remain the same. The basic check includes a cibil score of 650 and above, vintage of the company to be around 2 years and ITR of previous 2 years. 

Additional Reading: 10 Financial Tips for Peace of Mind

Finance help for Online Sellers

If you require financial assistance to overcome shortfalls in inventory, fluctuations in prices and expansion problems, then online seller finance is ideal for you. This type of collateral free loan to get the required working capital assistance can be availed by a firm with 1 year of vintage and quarterly sale of INR 1,00,000. 

Cash Advance for Merchant

Point of sale (POS) machines used by retailers and merchant store owners to receive payments from their customers can find this business loan in Delhi NCR as a solution to their requirement. This type of business loan can be availed by the firm having a vintage of 1 year and a monthly card sales volume of INR 1,00,000, with at least six settlements per month.

Supply Chain Finance

Large enterprises and manufacturers can opt for this type of business loan to infuse capital and leverage outstanding bills or invoices. If the firm has a vintage of 2 years and the turnover of INR 1,00,00,000, this type of business loan can be availed.

Let us go through the document check-list which will help you to Apply for the Business Loan in Delhi NCR:

Loan Products Documents Required*
Short-Term Finance KYC documents
VAT returns
ITR documents
Bank statements of last 6 months
Online Seller Finance Bank statements of the last six months
KYC documents of self and organization
Merchant Cash Advance  1-year current account documents
VAT returns for the last 6 months
Card settlement statements
KYC documents of self and organization
Supply Chain Finance VAT returns and bank documents
KYC documents of self and organization
Invoices for the last 3 months
Sales ledger for the last 6 months

 

If you are a looking for a business loan, you can visit our website or contact our representative at 8448448519 to avail the Instant Business Loan in Delhi NCR.

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By | 2018-07-21T12:27:59+00:00 July 13th, 2018|Blog|
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