Quick Business Loans | Business Loan | Ruloans

QUICK BUSINESS LOAN

 


 

Maintaining a stable cash flow in business is very important to not only run the daily working smoothly but also to ensure that there is no delay in the production. There are many more reasons why an individual would need a business loan like purchasing latest machinery, to expand the business, to finance a new project, to turn around losses into profits and also to repay short term debts.

You can avail a business loan after fulfilling the eligibility criteria that consists of the turnover of the business, the industry that is operating under and many more details. Since this loan has minimum documentation, the lenders in the market provide a business loan quickly and without any hassle to the individual. A business loan can be availed by self employed professionals and self employed professionals.

Minimum age - 25 years

Minimum Experience in business - 3 years

Minimum turnover of business - 40,00,000

Minimum Tax returns filed of business - 2 years

Amount (Max) - Up to 75,00,000

Annual Percentage (Min and Max) - 10.99% - 21.25%*

Tenure - 12-60 months*