Business Loan
Funds for working capital, equipment or expansion. We match you with lenders from our network of 170+ banks and NBFCs.
Step 1 of 3Loan amount
- Loan amount
- Your details
- Work and address
How much do you need?
Tell us how much you need. We will verify your mobile number with an OTP.
Business Loan
A business loan funds working capital, equipment, stock or expansion without giving up a share of your business.
What is a business loan?
Business loans come as term loans, working capital loans or credit lines. Lenders look at your business vintage, turnover, bank statements, ITRs and credit score. Some loans need collateral and some do not.
How to apply
- 1Enter the loan amount and verify your mobile number with an OTP.
- 2Share your personal details, then your work and address.
- 3See lenders that match your profile and choose one. Our team calls you to take it forward.
Good to know
- You keep full ownership of your business
- Use the funds for stock, equipment, staff costs or expansion
- Secured and unsecured options, depending on the lender
- Repay in monthly instalments over a fixed tenure
- Keep your GST returns, ITRs and bank statements ready for the lender
Frequently asked questions
What types of business loans are there?
Common types are term loans, working capital loans, cash credit, overdrafts and equipment finance. The right one depends on what you need the money for.
Who can apply?
Proprietors, partnerships, LLPs and companies can apply. Lenders look at how long you have been in business, your turnover, your bank statements and your credit score.
What documents do I need?
Usually business registration proof, ITRs and financial statements, bank statements, GST returns and the KYC of the owners, partners or directors.
How much can I borrow?
It depends on your turnover, profits, credit history and the lender's policy. Secured loans usually allow larger amounts.
Do I need collateral?
Not always. Some business loans are unsecured. Others need property, machinery or another asset as security.
Can a new business get a loan?
Some lenders lend to new businesses, but they may ask for a personal guarantee or collateral and have stricter rules.
Are there prepayment charges?
It depends on the lender and the loan type. Check the terms before you accept an offer.
Will applying affect my credit score?
When a lender processes your application, it may check your credit report. Each check is recorded. Many applications in a short time can lower your score, so apply only where you plan to borrow.
Can I finish my application later?
Yes. Open the resume application page, enter the mobile number you applied with and verify the OTP. You continue from the step where you stopped.