Business loans are beneficial in more than one way. This can help in the growth of your business so that you can invest in the infrastructure, machinery, and plant, and also operations. The customized business loan is a new type of business loan, that are specifically tailored to meet the new needs of a startup or new age business. Keeping this requirement in mind, loanandfunding.com ensures you get a business loan in accordance to your specific requirements.
Features of the Business loan
Loanandcashfunding.com offers business loans without any hassles of the red tape bureaucracy. These loans have an application process along with an approval and disburse process that is simple.
- Processing Business loans: Our team of professionals understands the value of time and keeping this in mind, your business loan processing needs to be carried out via the Online Only Application process. This means you by-pass a lot of the work that is manual and can provide approvals on the same day.
- Disbursal Time:
Loanandcashfunding.com offers business loans ensuring the total processing time is as little as possible. As compared to the banks, which take around 8 to 10 days for a loan, our company can provide you the loan within a time span of 3 days. - No Requirement of Collateral:Laonandcashfunding.com does not put your assets at risk by demanding collateral. Our professionals offer business loans that are unsecured. This requires no security or any collateral.
- Suitable Rates of Interest:Loanandcashfunding.com makes use of machine learning tools and proprietary big data for determining the lowest rates of interest on the basis of the case.
- No Hidden Costs:
Loanandcashfunding.com promises no hidden charges or any costs. You need to make only a one-time processing fee of around 3% based on the loan. This means you can retain the principal amount to the maximum for the growth of your business. - Repayments that are Flexible: Repayments of loans taken from lendandcashfunding.com are flexible as you have the option of repaying these on a monthly basis or probably, on a bi-weekly basis.
Criteria for Eligibility
There are specific criteria if you need to be eligible for the business loans offered by loansandcashfunding.com.
- 3 months preceding the loan application, there needs to be a minimum turnover that is specified.
- The location of your business should not be in the business list considered negative.
- The business cannot be ‘blacklisted’.
- NGO’s, charitable institutions, and trusts are not eligible for the loans.
Documents required for Business Loan
Some of the documents that are required for a business loan with the loanandcashfunding.com are bank statement, partnership deed copy, proprietor’s PAN card copy, PAN card copy of the company, and the registration proof of the business.
Steps to Business loan:
Here are the 3 steps for your Business Loan.
- Submit Application: All you need to do is enter the required information about your business, financial, and personal details.
- Upload the Documents:
The digital copies of your documents need to be uploaded in one step verification process. - Sanctioned:
Receive the approval of the business loan and also the disbursal in 3 days’ time.
For any further information, you can contact our team of qualified and experienced professionals of loanandcashfunding.com
