BUSINESS LOAN

BUSINESS LOAN

WHAT IS A BUSINESS LOAN?

Planning to start a new business or even grow an existing business can be a herculean task as you need an enormous amount of capital. Most of this capital that businessman need are procured through business loans which may be secured or unsecured. A business loan is generally a debt your company borrows and which you will repay according to our lending terms and conditions.

 

BUSINESS LOAN ELIGIBILITY CRITERIA OF CAPITAL TRADE

 The applicant must be between 25 to 55 years old to apply for a business loan. Applicant must also own a business running for at least 3 years. Income Tax Returns for the applicant’s business should be filed for a minimum of 1 year. Those whose business has been profit making for the previous 2 years

DOCUMENTS REQUIRED FOR CAPITAL TRADE BUSINESS LOAN

Identity Proof Passport/ driving license/PAN card/ Photo credit card (with embossed Signature and last two months statement)/ banker's sign verification
Age Proof PAN Card/ Passport/ Driving Licence/ School leaving certificate/ Voter's card/ Birth Certificate/ LIC policy (only for age Proof).
Address Proof Passport/ Electricity bill/ Title deed of property/Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements)
Income Proof Bank statement of the previous 6 months
Banking History Bank statements of latest 2 months/ 3 months bank passbook.

BENEFITS OF CAPITAL TRADE BUSINESS LOAN

 Hassle-free loan processing Easy documentation Pocket-friendly repayment Attractive Rate of Interest After Completed all EMI Business Loan will close without any charges