Each business has its own financial requirements. Sukrit Wadhwa ran a small IT firm in Bangalore. He wanted to install a new software that would help speed up their current workflow while also providing value to the clients and boosting the business and hence he opted for a flexi business loan. You could also utilize the funds for recruiting new hires, setting up a warehouse or expanding your facility etc as per your business needs. There is considerable flexibility with a wide range of options for which you can request for a flexible loan that allows you to better manage your cash flow.
Once you have fulfilled the business loan eligibility criteria available on Finserv MARKETS, you can be rest assured that attractive interest rates are offered to you to repay your loan. You can calculate your EMI by entering the principal amount, loan duration and the desired loan interest rate on the business loan EMI calculator available online. What’s more you are only required to pay only the interest portion on the EMIs, which means you can save more during the loan tenure.
When you opt for a flexible business loan, you are only charged interest on the amount that you use. EMIs are considerably less given that they comprise only of the interest, thereby allowing for greater savings. Moreover, deposit and withdrawal of funds is easily allowed. Fund availability can either decrease or remain the same throughout the loan period acting as your financial support during this time. Your lender will review the loan periodically as well as renew it annually.
Payment of your EMIs on time and prudent handling of the limit of your flexi business loan can make you a trustworthy borrower. This takes your credit score a notch higher which could be a stepping stone for getting a big ticket loan in the future at comparatively low rates of interest without any hurdles.
Running a business can be a challenge, especially in uncertain times such as today. However, you can overcome any challenge that comes your way with the business loan available on Finserv MARKETS that not only offers funding up to Rs. 30 Lakhs, but also promises instant approval in as little as 3 minutes of submitting your application. Choose a loan duration between 12 months to 5 years as per your convenience for repayment.
A collateral free, tailor-made flexi business loan credited to your account within 24 hours of approval helps you give wings to the vision you have for your enterprise. Not only this, to enrich your entrepreneurial journey, you also get access to Credit Score and personalized insurance plans that protect your loan liability. So do not let a paucity of cash be a deterrent to taking your business to new heights and apply for a flexi business loan today!
Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.