Overview
Volatile market trends and increasing business needs cause demand for urgent immediate cash-in-hand. A Business Loan designed for this purpose gives you the advantage of availing unsecured credit at competitive interest rates.
Whether you plan to invest in infrastructure investment or upgrade plant and machinery, a Business Loan caters to all your commercial needs.
Types Of Business Loan
Working Capital Loan
Working Capital Loans are finance designed to maintain healthy cash flows with unsecured finance to strengthen and grow your business without disruptions.
Plant and Machinery Loan
You can install and upgrade your business plant and machinery to the latest standards to meet your growing business needs with plant and machinery or equipment loans.
SME and MSME Loan
Small and Medium Enterprises are now in a position to expand operations and scale business heights easily with SME and MSME Loans.
Business Loan for Women
Especially designed for women entrepreneurs, Business Loans for Women offer high-value finance to support the growing business needs of women.
Self Employed Professional Loan
Professionals such as Doctors, Chartered Accountants, and Architects are people who have little time at hand to attend to their professional financial needs. Hence, Self Employed Professional Loans are loans designed to suit such a Professional’s financial requirements.
Micro Business Loan
Small business loans are a way to finance small requirements, and as such are designed to be repaid in shorter loans periods to suit your needs.
Features & Benefits
Affordable High-Value Capital
Well-known banks and NBFCs offer easy and quick short-term, medium-term, and long-term business loans as an ideal finance solution for your enterprise.
Flexi Loans
Withdraw only what you need and repay to suit your business fund flows at nil or low prepayment charges. You only pay interest on EMIs for the initial period of the loan and interest is charged only on the amount withdrawn.
Hassle-Free Quick Unsecured Loans
Business Loans are unsecured loans approved in 24 hours, which come to you with easy eligibility, and just a few documents.
Multi-Purpose End-Usage
Whether you’re looking for investment in infrastructure, expansion in operations, purchase of equipment or inventory, or working capital needs, you have the advantage to seek a multi-purpose business loan, all in one place.
Collateral-Free
Business Loans are collateral-free, for which your personal or business assets are not put to risk, and since this means no appraisals of assets for valuation, you have the quick approval and disbursal advantage.
Online Account Access
You’re simply free with the convenience of access to your business loan account for your loan statements and other details so that you can manage your loan from anywhere at any time.
Eligibility Criteria
Primarily an unsecured loan, a Business Loan empowers you to avail funds without collateral for infusion into your enterprise for purposes that you deem fit.
However, to avail of such a facility, you need to fulfil certain eligibility criteria laid down by our Partner Banks and NBFCs.
Age
- Minimum 18 years
- Maximum 65 years a time of Loan Maturity
Nationality
- Resident Citizen of India with no Criminal Record
Business
- Minimum 3 years Own Business Vintage
- Minimum Annual Turnover and Profit at Lender’s Discretion
- Registered Chartered Accountant Audited Balance Sheet Compulsory
- No Previous Default with any Financial Institution
Credit Score
Credit Score of 700 & More
Documents Required
Form and Photographs:
- Duly filled business loan application form and 2 passport-size photographs.
Proof of Identity:
- PAN card, passport, Voter ID card, MAPIN Card or driving licence.
Residence Proof:
- Voter ID card, ration card, utility bills, including electricity bill, telephone bill, Aadhaar card or lease agreement.
Age Proof:
- Voter ID card, Aadhaar card, PAN card or passport.
Financial Documents:
- Income Tax Returns for the last 2 years, balance sheet audited by a certified Chartered Accountant (CA), profit and loss statement (2 years), along with a statement representing the business transaction.
Proof of Income:
- Bank statement of business account as well as the personal account for the last two years.
Proof of Business Ownership:
- Documents including the declaration of a sole proprietorship, a copy of the memorandum along with the articles of association will be required.
Need a Loan For any of your requirement?
Maxxvalue Advantage
Maxxvalue Advisory along with significant 100+ partner Banks across India spread over 1000+ locations extend Business Loan to all eligible individuals across India.
At Maxxvalue Advisory, Adhaar-based e-KYC speeds up the documentation process by eliminating physical paperwork. You can obtain a Business Loan with minimal documentation in no time.
You can think about loan costs, offers, and online services on our digital platform. Our online resources will direct you to settle on the right decision, and pick the right bank for your advance according to your financial plan and assumptions.
Experts at Maxxvalue Advisory know the ins and outs of the business. Our committed group of individual specialists will guide you to pick the right credit fee.
We esteem our clients and are consistently on our toes to give them advantages of our abilities. Applying for any advance or loans through us allows you an opportunity to benefit from the best offers and agreements our Partner Banks and NBFCs have to offer.
Avail business finance quickly with Maxxvalue Advisory easy application process
1.
Online Application
Fill out your “Basic Details“
2.
Document Submission
After you receive your “Loan Eligibility“, choose your “Financial Institution“, & upload “Required Documents“
3.
Verification
The Institutions will “Verify“ your Business Loan Application & submitted documents
4.
Approval
Your Business Loan will be “Sanctioned“
5.
Disbursal
Receive your “Business Loan Amount“ in your Bank Account – Simply Efficient!
Loan Application Form