Business Loan

Banking and NBFC finance still remain the mainstay of India’s small and medium enterprises. Business loans help your small business grow, allowing you to invest in infrastructure, operations, and plant and machinery. Moreover, business loans can also be a veritable medium of maintaining Business for critical business operations. Customized business loans are a new category of business loans that are tailored to meet the specific needs of a new age business or startup. These loans offer your enterprise the opportunity to scale and give it the competitive edge necessary for success in today’s world.

Features of Apnakamai Business Loan

Apnakamai provides customized business loans to small and medium businesses in Gujarat. Our loans are free from bureaucratic red tape that often accompanies bank loans and has a very straightforward application, approval and disbursement process. We have created a fast and efficient digital interface, which reduces human interaction and thus helps to speed up the entire ‘business loan taking process’.

1.Get Business Loan Cr up to 50 Lakhs

We offer business loans up to ₹ 5000000 to ₹ 5000000 for eligible SMEs. Our comprehensive loan window increases your chances of business loan approval and provides you with the necessary funds for the growth and expansion of your enterprise.

2. Superfast Business Loan Processing

We have taken loan processing time to the next level through our online only loan application process. This allows us to do a lot of manual work and provide loan approvals in a single day.

3. Fast turnaround time and disbursals

Apnakamai offers business loans faster than a 59-minute business loan plan. With our online business loan processing, you can get a business loan within 3 days as opposed to 8-10 days taken by banks.

4. No Collateral Required

A business loan from Apnakamai does not put your valuable assets at risk. We offer unsecured business loans that do not require any collateral or security. Therefore, you do not have to worry about the development of your capital assets.

5. Reasonable Interest Rate

Apnakamai uses proprietary big data and machine learning tools on a case by case basis to determine minimum interest rates on business loans. This means that the interest rates from Lendingkart are the best available for your business.

7. No Hidden Cost

Apnakamai business loan promises zero hidden costs and fees. We only charge you a one-time processing fee of 2-3% based on your loan demand and that. This allows you to retain more than the original amount for business growth.

8. Flexible Repair

Last but not least, Apnakamai business loans can be repaid in monthly or bi-weekly EMIs. Our EMI options allow you to speed up your payments according to your invoices and sales cycle, for example, if your sales are going very well, you can repay your business loan two times faster with the bi-weekly EMI option.

Benefits of Business Loan by Apnakamai

Apankamai’s business loans enable you to remodel your business strategies to match today’s agile work environment. Here are the benefits of taking a business loan from Appankamai.

– Fast Processing:

Faster processing means faster loans for your business, allowing you to explore new horizons and exploit opportunities as they get in your way. A timely business loan can expand your marketing capacity, speed up your operations, and ultimately increase your profit margin.

– Protect your ownership:

Since it is an unsecured business loan, you have no risk of losing valuable assets or leaving precious company stock in exchange for investment. So, an Apnakamai business loan allows you to preserve your ownership while also providing you with the funds to grow your enterprise.

– Streamline your cash flow:

Your business loans increase your window of opportunity by streamlining your cash flow and providing you with both capital and time to get into profitable territory. These loans allow you to balance between your business fund and company capital fund by providing repayable investments in installments.

– Improve your credit score:

A business loan from Apnakamai is the best way to improve your business credit score as we all report loan accounts to credit bureaus. In addition, a business loan with Apnakamai is particularly beneficial for companies that have seen a recent decline in credit scores due to unforeseen circumstances in the market.

Eligibility criteria for a business loan

Apalakamai has placed eligibility requirements for bare essentials in order to process business loans faster. We do not need a lot of documents or unnecessary paperwork that can stop the loan approval process.

• An established business that has been in operation for over 6 months.
  Minimum turnover of INR 90,000 or more in the 3 months prior to your loan application.
• A business should not fall under the blacklist / excluded list for SBA finance.
• The physical location of your enterprises should not be on the negative location list.
• Trusts, NGOs and charitable institutions are not eligible for small business loans.
• If you are not sure whether your business falls under a restricted category or location, you can contact us to confirm your eligibility.

How to take a business loan in Gujurat?

The answer to how you can take a business loan from Apnakamai is very simple. Just follow the points below:

• Apply for a business loan: We want to provide a pleasant experience to our customers. You can apply for a business loan through our website.
• Submit the required documents: Upload a soft copy of all the required documents for a business loan on our website. We also provide a doorstep facility, our representatives will collect documents from your office or home.
• Get Approval: Our representatives will process your business term loan application within a few hours after applying for a business term loan.
• Loan Disbursement: After you sign the contract with us, we will disburse the loan for the business period within a few working days.