Ambit Finvest Business Loan

Ambit Finvest provides unsecured loans to self-employed individuals for business expansion and to meet working capital requirements. You can get up to ₹2.5 Lakhs at interest rates starting from 20% p.a. Ambit Finvest Business Loan is now available on Bajaj Markets. The application process is completely online and requires minimal documentation.

Here’s the eligibility criteria that you must fulfil to get an Ambit Finvest business loan.

• You must be between 25-60 years.
• You must have a CIBIL score above 675.
• Business vintage of more than 3 years is required.
• If you opt for the high-ticket loan, your business must have an annual turnover of ₹50 Lakhs

The documents that you need to submit along with the application form are:

• KYC documents (Aadhar card/ Voter’s ID/Passport/PAN card)
• Bank statement
• GST number

* Interest rates are subject to change as per the financial institution’s policies.

Ambit Finvest business loans can be used for various purposes. Some of them are being:

• Expanding business operations: Capital is required for expanding an existing business. Ambit Finvest business loans are an excellent way to fund the assets that are required for new operations. You might need funds for upscaling operations, launching a new product or penetrating penetrate a new area. It is easier to get a loan for an existing business as you have a proven track record.
  

• For working capital: You might need a business loan to fund your routine expenditures like utility bills, salaries, supplies and raw materials. Lack of funds should not stop your regular scheduled operational activities. In such a scenario, you can get an Ambit Finvest Business Loan.

• Managing cash flow: For a small and medium-sized business. Managing cash flow is always a challenge. Therefore, if a small business is unable to meet liquidity requirements for working capital such as rent, salary, utility bills, overhead and inventory management, then an Ambit Finvest business loan may be the solution.

• Buying equipment/machinery: In case your business deals with a product/service that has a high demand then, regular supply is crucial. If you wish to add any equipment or machines, it may need additional capital. In such a case, Ambit Finvest Business Loans come in handy.

• Repayment of other loans: In case you are worried about the repayment of various small loans, it is a good idea to opt for a big loan and settle the other small loans. This will ensure that you have peace of mind.

You can apply for an Ambit Finvest Business Loan on Bajaj Markets by following the steps mentioned below:

• Enter your personal and professional details in the online application form.
• Select ‘Ambit Finvest’ from the business loan providers list.
  
• Fill in your preferred loan amount and repayment tenure.
• If approved, the loan amount will be disbursed without delay