info@steppingstoneadvisor.com

Free Consultation

+91 9326985771

Fuel Your Business Growth with Our Tailored Business Loan Solutions

Starting at 10.75%

Apply now

We Are There with Every Step of your Loan Process

For entrepreneurs who want to take their business a step ahead, need loans that can help in strategizing and investing on new tools. Whether you want to build your inventory, hire new team or expand your business to a new place, business loan acts as a pillar. An increased working capital helps in planning and setting up the business and takes it further. In all sense, for businesses, working capital loans are highly beneficial. A business loan is most useful to small businesses that have the vision of being very big which would make it imperative for them to have capital in order to reach that goal.

Entrepreneurs can avail different types of business loans under flexible service. Less documentation, low interest rate and other benefits ensure seamless flow of business.

Both secured and unsecured business loans available

Avail up to ₹5 crores, tailored to meet your business needs

Fast `approval and disbursal process, often within 48 hours

Repayment periods from 12 to 60 months

Balance Transfer & Top Facility on Existing loan

Option to prepay the loan with minimal charges.

FAQ

What is a business loan?

A business loan is a financial product designed to help businesses meet their operational and capital expenses. It can be used for various purposes like expanding operations, purchasing equipment, managing cash flow, or financing inventory.

Who is eligible for a business loan?

Eligibility criteria vary by lender but generally include proprietorships, partnerships, private limited companies, and self-employed individuals with a stable business history and good credit profile

What are the interest rates for business loans?

Interest rates for business loans vary based on the lender, business profile, credit score, and loan amount. They generally start from 11.5% per annum.

How long does it take to get a business loan?

Business loans can be approved and disbursed within 48 hours, depending on the lender and the completeness of your documentation.

Can I prepay my business loan?

Yes, most lenders allow prepayment of business loans. However, prepayment charges may apply, so check with your lender for details

What can I use a business loan for?

Business loans can be used for various purposes, such as working capital needs, business expansion, purchasing equipment, financing inventory, and managing cash flow.

How much loan amount can I get?

Loan amounts typically range from ₹50,000 to ₹5 crores, depending on the business’s financial health, creditworthiness, and repayment capacity.

What is the tenure for a business loan?

Business loan tenures usually range from 12 to 60 months.

What documents are required for a business loan?

Commonly required documents include:

Proof of identity and address (Aadhaar card, PAN card, passport)Business proof (registration documents, GST certificate)Financial documents (bank statements, audited financials, IT returns)KYC documents of promoters/partners

How long does it take to get a personal loan?

Personal loans can be approved and disbursed within 24-48 hours, depending on the lender and the completeness of your documentation

What is the minimum credit score required for a business loan?

A good credit score (usually above 650) improves your chances of getting a business loan at favorable terms. However, specific requirements vary by lender.