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Old 06-21-2019, 03:30 AM
amritaagarwal's Avatar
amritaagarwal amritaagarwal is offline
Junior Member
Join Date: Apr 2018
Location: India,Karnataka
Posts: 9
Smile Re: How can I get loan for business?

Before getting a business loan you have to research for the best business loan provider. You can check business loan offers in Finance Buddha website. Then check fees and charges of a loan. Plan which type of business loan required and how much loan you required. Prepare a business loan proposal in an attractive way. Then choose the best business loan lender.

To be eligible for a business loan there are a lot of factor that are considered. Every bank that offers loan will look into many criteria prior to sanctioning it. Few important ones are:

Age Limit: The applicant should be min 21 years & max. 65 years.
Income: Business should be profit making at least for the past 2 years.
Turnover: ₹150,000 p.a. should be the minimum annual income.
Co-applicants: This is optional to the applicant, not mandatory in case of business loan.
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Old 08-22-2019, 04:56 AM
ethanscott ethanscott is offline
Join Date: Mar 2018
Posts: 30
Default Re: How can I get loan for business?

Can we only get loans based on our CIBL score?
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Old 02-13-2020, 04:36 PM
Valz Miky Valz Miky is offline
Senior Member
Join Date: Sep 2016
Posts: 433
Default Re: How can I get loan for business?

Not a fan of this one bit, as I feel it’s so much better if we go for proper and step by step way. If we get into loans and all such schemes, it will eventually lead us to nowhere and will only make us lose. So this is the reason why I feel it’s so much vital for us to be wise with our selection.
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Old 02-26-2020, 10:57 AM
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bugmenot bugmenot is offline
Join Date: Jul 2010
Location: Brooklyn, NY
Posts: 50
Default Re: How can I get loan for business?

Hello. I take loans annually so that in the future my business will flourish and feed my family. Previously, this bolo is very difficult, but not now, I found the city Loan, it’s very convenient for me to use it, and most importantly, which is beneficial.
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