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Business Loan in Delhi NCR through LoanMoney

About Business Loan

A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash advances and cash flow loans.

Starting or expanding a business often means applying for and getting approved for a loan or a business line of credit. For years Delhi has been known for its culture of entrepreneurship and business. With the expansion of the city and the rise of new commercial hubs in the NCR region like Gurgaon and Noida, the appetite for business has expanded manifold.

LaonMoney is an Authorized Direct Selling Agents of various National, Multinational and Non Banking Financial Companies for promoting their sales for asset division. Apply for Business Loan Now

LoanMoney can provide Business Loan from:-

Business Loan from Nationalised Bank: Canara Bank, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Central Bank of India, Dena Bank,IDBI Bank, Jammu and Kashmir Bank, Karnataka Bank, Punjab and Sindh Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijiya Bank, State Bank of India, Punjab National Bank and Bank of Baroda.

Business Loan from Private Bank: Bandhan Bank, Corporation Bank, DCB Bank, Federal Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, South Indian Bank, HDFC Bank, ICICI Bank , Yes Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, HSBC Bank, Deutsche Bank, Induslnd Bank and RBL Bank.

Business Loan from Non Banking Financial Company (NBFC): DHFL Home, Indiabulls, Tata Capital, Bajaj Finserv, Capital First, Fullerton India, Aditya Birla Finance, LIC Housing Finance, Magma Fincorp, Reliance Capital and Tata Capital.

LoanMoney will get you an approval in Less Processing Time, Easily Available Loan, Lowers Interest Rates, No Agent or Middleman Charges. Apply for Business Loan Now

Capital is a vital component for the success of commerce today. Irrespective of whether a firm is in proprietorship or big organization, finance holds the key to its development, and managing finance is certainly not a child's play. Keeping all this in mind, several institutions have come up with business Loans to help budding and existing entrepreneurs.

Very frequently, every company has to face a make-or-break situation which calls for immediate investment to reap long term benefits. If one is not having the finances at that time, he might well opt for a business Loan which is designed specifically to fulfill urgent business requirements. These Loans not only help in expanding a business, but also play a vital role in modernizing and improving small as well as medium scale business.

Business Loans are offered in two types, Secured and Unsecured.

For a Secured Business Loan, the borrower needs to pledge something as collateral or security against the Loan amount taken. Be it raw material or finished products, land or machinery, anything can be kept as collateral in agreement with the lending party. The borrower can also offer cash advance as collateral as it offers more liquidity and the Loan can be availed at lower interest rates and flexible repayment options.

In case of unsecured Business Loans, here is no requirement of any collateral from the borrower. However, while availing an unsecured business Loan, the borrower needs to pay a high interest rate. Moreover, the Loan amount is taken for a smaller tenure when compared to a secured Loan. According to the their tenure, business Loans can be further diversified.

To meet the temporary needs of a business like short term working capital, a short term Loan is most apt one, with the repayment time period of a year. An Intermediate Loan is necessary for starting up business to buy inventory, equipment and also increase working capital.

A Long term is necessary for well established business houses who wish to expand, increase their fixed assets or related business acquisitions,with terms that runs for a period of 3-5 years.

Furthermore, drawing the thin line between critical needs and expenses that can be put off till a better financial situation prevails holds the key to prevent one from any financial predicament. Making a single hasty decision without any idea of its impact in your business might prove to be detrimental in the long run. Therefore, one must be very clear of his actuals need and necessities for enhancing and improving his business by borrowing the rights Loans with a detailed insight of its pros and cons. Apply for Business Loan Now

Eligibility for Secured Business Loan & Unsecured Business Loan

The applicant must meet the below eligibility criteria's

Sl. No. Eligibility Terms Secured Unsecured
1 Min. Age 21 years 22 years
2 Max. Age 65 years 70 years
3 Minimum income (annual) 2 Lacs 200000
4 Minimum loan amount : 10 Lacs 10,00,000
5 Maximum loan amount : 25 Cr 750000
6 Min. years of buss. Existence : 3 Yrs Not Applicable
7 Minimum loan tenure : 3 year 3 year
8 Maximum loan tenure : 15 years 5 years
9 Minimum turnover require: 1 Cr 75 Lacs

Purpose of  Mortgage Loan

  • Expand your businessRenovate your home.
  • Buy a property on which Loan is not available.
  • Refinance or Balance Transfer (B.T) on lower rate.
  • Plan a dream wedding.Fund your child's education.
  • Holidays and much more.

How Does it Work ?

Mortgage or Loan against property is given as a certain percentage of the Market Value (M.V/ L.T.V Loan to Value) of the property which is generally between 50% and 65%. In case of land/ Commercial Property value to Loan amount varies between 50 -65%. This Loan belongs to the category of secured Loan where there is a guarantee given by the borrower who uses the property as a collateral security. In the event of non paying the Loan on schedule, bank after serving proper notices can repossess the property.

Finance on property mortgage can be from 10 Lacs to 5 Cr: It is calculated on EMI paying capacity of the borrower. In general, a person is assumed to be eligible to pay EMI up to 50-55% of total monthly earnings. Therefore for the purpose of obtaining the maximum Loan amount a borrower is eligible to obtained by considering:-

  • Total Income: Income/ Earnings from all sources including rent and interest for a month
  • Existing liabilities: EMI on current Loan of all types in a month
  • Net amount available to pay EMI for Proposed Loan 50-55% of balance left.
  • Rate of interest and tenure on per Lacs factor.
  • Balance amount as above divided by factor per month.

Advantages of Loan Against Property Mortgage

Loan on Property has the greatest advantage over personal Loan in terms of :-

  • Amount of Loan: Loan against property may get Loan upto 5 Cr as against Loan of 20 Lacs as personal Loan.
  • Tenure: Mortgage Loan tenure is for Max 15 Yrs whereas Personal Loan / Business Loan is for 5 yrs
  • Rate of Interest: Secured Loan on Property rate of interest ranges from 11.5% to 13.75% whereas Personal Loan rates are 16-18%, and Business Loans rates are 18-20%.

Know more about Business Loan

Apply Business Loan

Apply for Business Loan with Flexi EMI Options, Minimal Documentation, Less Processing Time, Easily Available Loan, Lowers Interest Rates and No Agent or Middleman Charges. Read more...

Business Loan Interest Rates

Compare business loan interest rates of leading banks & NBFCs and process to apply for quick business loans. Read more...

Business Loan Eligibility

Capital is a vital component for the success of commerce today Finance holds the key to its development and needed from inception of business, formation of assets to generate income, running day to day expenses and expansion of sales etc. Read more...

Business Loan Documentation

Check out the list of documents required for Business Loans in Delhi NCR through LoanMoney, and apply for your own Business Loan easily. Read more...

Why choose LoanMoney for taking Business Loan in Delhi NCR through LoanMoney

Running a successful business is not an easy task. There are always ups and downs you will face, as a business owner. LoanMoney understand that meeting every financial need is not simple and sometimes you do need a helping hand. 

LoanMoney take special pride in being that institution that can facilitate you when you need help the most. 

  • Quick disbursement: Once all your documents are in proper position, your Business Loan    can be disbursed within 3 working days.
  • Business Loan Interest Rates: LoanMoney ensures in applying the best market practices and adheres to the principle of giving its valuable customers the best business Loan interest rates.
  • Flexible EMI option: LoanMoney provides you the option and convenience of to customise your monthly Loan repayment instalment that is best suited for your company's cash flow.
  • Less Processing Time – LoanMoney guarantees that the processing time involved in getting Business Loan from  is very less.
  • Minimum Paperwork – LoanMoney ensures that getting a Business Loan does not require verification of any asset or any other kind of proofs and certificates that involve a lot of paperwork.
  • Schemes and Offers – LoanMoney keeps you updated with special schemes and offers of for professionals like Chartered Accountants, Doctors and Architects etc.

LoanMoney will get you an approval in quickest possible time. All you need to do is visit LoanMoney.in and fill an enquiry form. You can also drop a mail to info@LoanMoney.in or call to +91-8130 222 111. A LoanMoney representative will get in touch with you and collect your documents from your doorstep. Apply for Business Loan Now

 

Apply Business Loan

 

It is a type of unsecured loan and helps to meet your current financial needs. You don't need any security/collateral while availing it. Personal Loan is your solution for instant cash and can be used for travelling, wedding, medical emergency, home renovation, or anything else.

 

Home Loan is a Secured loan offered against the security of a house/property which is funded by the banks and NBFCs the property could be a personal property or a commercial one. Home loans consist of an adjustable or fixed interest rate and payment terms.

 

Loan Against Property belongs to the secured loan category where the borrower gives a guarantee by using his property as security. Banks and financial institutions offer this LAP, which can either be a residential/commercial building or a piece of land.

 

A Business Loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. Banks and other financial institutions are there to provide you with suitable lending assistance.

Different Purposes for Personal Loan through LoanMoney

Marriages are made in heaven and its celebration is one of the happiest and memorable events for married couples and their families. Wedding loan is available to people looking to meet their wedding expenses in order to make the wedding a grand success.
Debt consolidation/ Financial Restructuring is a process to streamline one’s financial stability and debt. Thus by consolidating many small debts with one debt, one gets favourable payment off terms and lower burden of EMI.
Home is the place where your story generates. Home Renovation Loans are designed for the purpose of renovating a house and can be taken by a person who owns the property to be renovated.
A Medical Loan is extended by a bank or a financial institution under the category of personal loans. A medical loan can be used for multiple emergency purposes such as an operation, surgery, procedure, therapy or for any concern related to health.
The Education Loanaims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. Students enrolled in career-oriented courses e.g. medicine, engineering, management etc, can avail this.
Balance transfer is the process where a customer transfers his outstanding principal amount to another bank or financial institute primarily for a better rate of interest and also for better features. Balance transfer reduces your interest rates and finally ensure saving.
Travel loan is a kind of Personal Loan that you can apply while planning a travel. It can help to cover the costs associated with your holiday, such as airfares, accommodation, hotel fares, tour packages, travel gears/accessories, or any other type of expenses associated with your travel.
The Credit Card Payment Loan is designed to allow you to take control of your finances and pay your credit cards off faster. This is made possible by consolidating your high-interest card balances into one monthly payment at a fixed rate and term.

Disclaimer: LoanMoney is not a Loan Providing Organization. We are facilitating the Loan Process from various Banks & NBFC. The rate, eligibility criteria, term & conditions of various banks are subject to change as per bank discretion. We try our best to keep the data up-to-date, but we can't guarantee the accuracy of data provided in this site. LoanMoney help you to embark on your dream at the right time with many Banks/NBFC's Loan opportunities available! Follow a few simple steps to help LoanMoney team understand your requirements.

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