Business Loan Detail ( Updated On )
Starting from 16% p.a
2-3% of Loan amount
Max Amt Eligible
50 Lakhs to 3Cr
At Least 3 years
Up to 60 months
25 to 65 years
> ₹ 90,000 turn over for 3 Months
685 or Higher
Flexible Monthly / Bi-weekly
A business loan is basically a borrowed amount of capital that is used for an investments in a new or existing business improvements. Whether small or medium enterprises or large businesses, it is absolutely important to understand how these loans work. Business loan is a funding supports offered by Banks and NBFCs to meet the financial requirements of self employed customers. It can be availed by individual, Small and Medium Enterprises, business owners, entrepreneurs, and several other entities.
Most of the people have the misconception that only but banks and government institutions can sanction business loans. The truth is there are many types of business investments are available in the market that can be considered as a business loans. It is important that a small, medium and large enterprise owner knows about these business loan types in order to get funding through proper channels for his/her company. We offering other loans for Personal Loan, Apply Home Loan Online, Doctor Loan etc.
As aspiring entrepreneurs, if you want to start your own business venture and need financial assistance, you can always apply for a startup business loans. You can also avail of these loans if you wish to expand your Business of your start up enterprise.
WaytoBank Home Loan Offering attractive interest rates with Low EMIs
A machinery loan can help you with expenses related to your business equipments. With this loan, you can purchase new machinery and upgrade existing ones, or even repair faulty equipments.
With the help of an MSME loans, you can finance business requirements like revamping your company’s infrastructures, purchasing machinery or raw materials, or expanding your business operations in general.
Most financial institutions offers business loans for women that can help female entrepreneurs become self-sufficient and enable the growth of their enterprises.
These loans are generally, a short-term loan is given for a period ranging between 3 to 18 months as these loans are meant for working capital finance and limited capital investments.
A supplier who has provided services to your business, but is yet to be paid, is considered a trade creditor. It is a very common arrangement for conducting day-to-day business activities between buyers and suppliers with long working relationships. The amount due to a trade creditor can also be considered as a very short term business loans.
WaytoBank offers customized business loans for small, medium and Large businesses in India. Our loans are free from the bureaucratic red tape that often accompanies bank loans & have a straightforward application approval and disbursal process. We Providing other best loans for Home Loan, Doctor Loan, Apply Personal Loan Online, etc.
Applying for our business loan is as Very easy as clicking here. Share your phone number and we will get back to you to discuss Next steps ahead. Once your details are verified and you get your loan approval within a matter of minutes.
You may apply for a loan amount in the range of 1 Lakh to 1Cr, which might be sufficient to meet most businesses’ financial needs.
Repayment your Loan in Affordable EMIs Split over a tenor going up-to 84months
WaytoBank business loans promise zero hidden costs and charges. We only levy a one-time processing fees of 2 to 3% based on your loan ask and that’s all. This allows you to retain more of the principal amount for business growth and Improvements.
WaytoBank does not require heavy paperwork for your loan approval. We have minimal documentation requirements that are quite easy and fast to fulfill. These include your address proof, Identity proof, financial documents, and proof of ownership etc.
For Business Loan Eligibility Criteria for basic conditions like CIBIL score, age, business turnover, and more those candidates must fulfill to avail business financial.
Step 1: Fill in the required fields as mentioned in the form
Step 2: Further you will be required to mention your company details, basic personal information, along with registered mobile number and email address.
Step 3: After submitting all the details, the bank's representative will contact you to proceed with loan formalities
Step 4: Once your loan application and documents are verified and approved by the bank, within defined working days the loan amount shall get disbursed in your mentioned bank account