Business Loans are funds available to all types of businesses from banks, non-banking financial companies (NBFCs), or other financial institutions. Business Loans can be tailor-made to meet the specific needs of growing small and large businesses.
Criteria for availing Business Loan:
Minimum 21 years and maximum 65 years.
Income Criteria: Depends on lender.
Good CIBIL or credit score shall be an added advantage.
Business should also be at least 3 years old.
Business should show cash profits in past two years.