Introduction to Startups Loan
The inability to manage sufficient finances to fund their start-ups has dismayed the ambitious dreams of several budding entrepreneurs in India. However, today, the start-up scenario is much more amiable. These days, it is extremely easy to avail startup business loans from leading financial institutions at attractive interest rates. For instance, the Bajaj Finserv Business Loan for start-ups can be availed up to an amount of INR 15 lakhs with facilities such as 3-minute loan approval and instant cash disbursal.
Below listed are some other attractive features and benefits of start-up loans at Finserv MARKETS.
Online Account Management facility
Finserv MARKETS provides online application facilities for all new business loans. An entrepreneur can visit the official website and apply online for a business loan in the most easy and hassle-free way. Moreover, the online business loan management facility also makes it easier to keep track of the EMIs, remaining loan repayment tenure, principal amount, and other such details of your start-up loan.
Instant Loan Approval
Availing small business loans at Finserv MARKETS is a hassle-free process. The online application makes it extremely easy to process your new small business loan request. Now you can apply for a business loan at Finserv MARKETS and have it approved under 3 minutes. Once approved, the amount would be disbursed in your account within 24 hours.
Flexible Repayment Tenure
It takes time for a new business to set-up and start earning profits. Therefore, it might not be possible for business owners to immediately repay their small business loans. Thus, to ensure that repaying the loan does not become too much of a burden, the Bajaj Finserv Business Loan for start-ups comes with flexible repayment tenure that ranges between 12-60 months.
Zero collateral
Since the amount availed as a startup loan is usually high, most financial institutions ask for some collateral against the borrowed amount. This collateral is used as a security in case the borrower is unable to make the star-up loan repayment. However, the business loans available at Finserv MARKETS is an unsecured loan which comes with zero collateral. Moreover, the borrower also need not provide any guarantor against the borrowed amount.
End-to-End Online Process
While you might have several things to monitor and keep track of, your loan repayment schedules and other loan details can be conveniently accessed through our online customer portal
A loan for start-up is an excellent vehicle to kick-start your business. In order to improve your chances of availing a business loan for new business, make sure that you maintain a proper credit score and submit a robust business plan to support your request. To know more about small business loan interest rates and eligibility for online application, get in touch with us at Finserv MARKETS!
You can check business loan for startups eligibility with the help of Business Loan Eligibility Calculator and startup loan EMI with the help of Business Loan EMI Calculator.
