What are business loans?
A business loan is short-term loan or long-term financing that can help your business with the funds that it needs to expand and flourish. It can help you fulfill the short-term needs of your business, inch closer to achieving your long-term goals, or even help you with an urgent requirement that you may need capital for.
Loans customized to meet the requirements of your business
A one-size-fits-all business loan may not suit the unique dynamics of your business. That’s why a Bajaj Finserv Business Loan available on Finserv MARKETS, offers you customized options that can fulfill the special needs of your business. Find your fit!
Working capital loan
Working capital is what your business requires for its day-to-day trading operations, and is calculated by subtracting your current liabilities from your current assets. It indicates whether your business has the assets to cover short-term debt. A working capital loan can help you cover the day-to-day operational needs of your business, so you can focus on mapping your long-term goals, worry-free.
A growing business in a technologically fast-paced world requires constant upgradation and utmost efficiency. To upgrade to the latest equipment and machinery to meet bulk orders smoothly and keep your business competitive, opt for a machinery loan.
SME Loan and MSME Loan
These enterprises are the lifeblood of our economy. If you’re a micro, small or medium enterprise looking to expand your scale and operations and amplify your impact, dedicated SME business loans and MSME Loans are easily available for you.
Business Loans for Women
It is now well-known that organisations with women at the helm perform better and earn more. For all the women entrepreneurs, look no further than a business loan schemes for women specially designed to support the needs of your growing business.
The journey of an entrepreneur is as challenging as it is exciting — but it can be made easier by availing a start-up loan, designed to kickstart your dream.
How business loans can multiply your earning potential
You’re starting a business, or you’re in the middle of getting one off the ground. Being an entrepreneur is exciting as you build something from scratch, expand your team, increase the reach of your product, grow, learn, and finally see the impact you desired on your target audience.
But it’s also fraught with challenges every step of the way — and you’re constantly in problem-solving mode. The one thing that you will always be watching closely are your financial fundamentals and thinking of innovative ways to maximize you’re earning potential. Taking out a business loan that suits your needs is an easy and important step. It can bring you closer to implementing many of the factors that are required to build a successful business. Bajaj Finserv business loans, available on Finserv MARKETS, offer upto Rs 30 lakhs with business loan interest rate starting as low as 18%. Here are some of the things you can do with a business loan:
- Increase your business cash flow — so your day-to-day operational needs are taken care of.
- Hire fresh talent — as your business grows, you’ll need more hands on deck to meet new demands and challenges.
- Renovate your office or lease bigger office premises — so you can provide a conducive workplace for your expanding team.
- Grow your marketing networks — so your product can reach wider audiences.
- Boost production — so you can meet the growth in demand for your product.
- Purchase, lease or repair machinery and equipment, and upgrade to the latest technology — to remain competitive in a cutthroat business environment, you’ll always need to be on top of your game.
- Scale up operations or expand to a new area or city — so you can take the next step in your entrepreneurial adventure.
Business made easy
Given the freedom and flexibility that a business loan can offer you to grow your business, there is little doubt that it can enhance your profitability, maximize your earning potential and help your business scale new heights. And with a Bajaj Finserv Business Loan, available on Finserv MARKETS, it’s quick and easy too!
You only need to submit basic documents — and since these loans are collateral-free, your business loan can be approved in under 24 hours!
Bajaj Finserv also offers a Flexi Loan Facility, where you can withdraw only the amount you need and repay as per your cash flow — at no cost to you. You only need to pay interest as EMIs. So what are you waiting for? It’s time to chase your dream.
You can also read about the benefits of business loan.
Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!