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  #1  
Old 04-30-2018, 07:47 AM
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StartupNews StartupNews is offline
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Default how to apply for business loan?

how to apply for business loan?
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Old 05-01-2018, 07:22 AM
capitaworld capitaworld is offline
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Default Re: how to apply for business loan?

BUSINESS LOAN

The range of interest rate is in between 10-20%. Each bank has different criteria for approving of the business loan. Based on customer income, business activity, type of business, CIBIL score etc final eligibility is calculated.

You should compare Processing Fee, Per Month's EMI, Prepayment Charges, and Foreclosure Charges etc before availing a loan.

FACTORS AFFECT FINAL ELIGIBILITY

Collateral

Credit Score

Time in Business

Monthly Revenue

BASIC DOCUMENTATION

Proof of identify (Voters ID card/ Passport/ Driving license/ PAN card)

Proof of residence (Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card)

Proof of business address.

Updated Statement of Bank Account/ Pass Book

Signature proof

Personal Assets and Liabilities statement.

Acknowledged copies of 3 years I.T. returns/ Assessment Orders.

Photocopies of challans evidencing payment of Advance Income Tax.

Business existence proof

If you still have any query, you can get free consultation here.

If you have any query, you can get free advice for car loans from us.

Visit: CapitaWorld dot com
CapitaWorld Platform
Ahmedabad
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Old 11-13-2018, 11:42 AM
SunnyMay SunnyMay is offline
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Default Re: how to apply for business loan?

That's quite interesting to know. I myself never used this type of loans. In idaho cash advance loans are quite cheap and I use them sometimes but generally speaking, I hate being in debt and I try to avoid that.
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Old 11-30-2018, 02:48 PM
Valz Miky Valz Miky is offline
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Default Re: how to apply for business loan?

I am not a fan of loans at all. It is type of stuff that will really dig you deep. It’s better to start with smaller amount and grow it up to the benefit. I love trading where this is realistically doable and with FreshForex broker having every facility in the book, it’s all so very easy and simple! So, that makes me like it so so much more.

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