Unsecured Business Loan in Surat
UNSECURED BUSINESS LOAN IN SURAT
If you have a big business plan or you’re running a business in Surat and searching for a funding or capital to expand your business, availing associate Unsecured Business loan are often ideal for you. As you can lend small loan amount it is easier to repay the loan amount on time.
There area unit several banks and NBFCs in Surat that provide loans while not collateral to businessmen and SMEs. Here we are providing complete guidelines to lend unsecured business loan in surat.
Business Loan Eligibility in Surat
The business loan can be offered to any person who is running a legitimate business and has good turnover. Different banks have different criteria and terms to validate and authenticate a person’s business. After all the evaluation the loan amount, tenure and rate of interest or even whether to provide loan falls under the purview and authority of the bank. Some of the parameters taken under consideration are
- Type of business: Proprietorship, Partnership, Private Limited or Public Limited
- Turnover of the business
- Profit made by the business
- Cash flow of the business
- Track record of business
Which are the Documents Required for Business Loan in Surat?
|1 Photograph of Co-Applicant||Yes||Yes|
|Income Document||IT Returns, Balance Sheet & P/L Account statement for the last 2 years with Annexure||IT Returns, Balance Sheet & P/L Account statement for the last 2 years with Annexure|
|Bank Account Statements||For last 12 months||For last 3 months|
|KYC documents of Co-applicant||Yes||Yes|
|Business Proof||Certificate of Practice||MOA, AOA/ Partnership Deed/ Shop Act License|
BANKS AND NBFCS OFFERING BUSINESS LOANS IN SURAT
Who is offering Business Loans in SURAT?
There are many top of Non-Banking Financial Companies and the line Banks who are offering Business Loans in surat. SBI, HDFC, etc. and Bajaj Finserv and Capital Float are few all the major banks among NBFCs are there in this city.
HDFC Bank Business Loan
Bajaj Finserv Business Loan
Axis Bank Business Loan
SBI Business Business Loan
Kotak Bank Business Loan
Tata Capital Business Loan
Citibank Business Loan
Fullerton Business Loan
ICICI Bank Business Loan
Loans up to 100 lacs
We offer the highest ticket size of up to 100 lacs as Business Loan so that you can pursue your ambitions for your business. This is the highest ticket size that anyone offers in this category.
No Guarantors. No Collateral Required – No want to provide any Guarantors or any collateral to avail a business Loans.