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✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now!

Once you have decided to be an entrepreneur, the next thing you will need is an adequate amount of funds. You will need money for every business-related activity, be it setting up your venture, funding day-to-day operations or even expanding it. If at any given point, you find yourself running short of funds for those activities, you can take up a Business Loan from Prefr Partners. You can easily avail a Prefr Partners Business Loan through Finserv MARKETS if you follow a handful of steps.

Features and Benefits of Business Loans from Prefr Partners

  • Loans for the First Time Borrower: You get a loan easily through Prefr Partners even if you are applying for a loan for the first time in your life and do not have any credit history.

  • Easy Documentation Process: You will need to submit very few documents to validate your eligibility. If your documents are verified, you will easily get a Prefr Partners business loan.

  • No Collateral Needed: You do not need to offer any collateral to avail a Prefr Partners. Simply fill in the form, submit the requirement documents and you are done!

  • Quick Disbursal: Once approved, you will get your Prefr Partners business loan within 24 hours.

Why Choose Finserv MARKETS?

Fast online processing: The application process for a Prefr Partners business loan through the Finserv MARKETS platform is completely online. Given that everything is done on the internet, there is no need to go through a lot of paperwork and you will also get your loans quickly.

Transparency guaranteed: We tell you everything you will need to know about the Prefr Partners business loan and the charges associated with it upfront since we like to keep things transparent.

Free credit health check report: While applying for your business loan, you can also avail a complimentary Credit Health Report. This will help you make well-informed lending decisions in future.

Business Loans from Prefr Partners - Interest Rate & Charges

Interest Rate

10% - 16% per annum

Associated Charges

Processing Fees: 3-5% (Approximately) with Minimum Processing Fee of ₹1500 + GST

Foreclosure charges: 4% of outstanding loan amount + GST

(Allowed only after 3 instalments).

Repayment tenor

6 – 24 months

Disbursal Time

Once approved, your business loan will reach your bank account within 24 hours.

Eligibility Criteria for Prefr Business Loan

To avail the business Loan from Prefr Partners, you must be:

  • A citizen of India.

  • A self-employed professional.

  • Between 21-55 years of age.

Steps to Apply for Business Loans From Prefr Partners

  • Provide basic details: First, you will need to provide your mobile number as well as your date of birth to proceed.

  • Fill in your business details: Next, you will need to provide information regarding your business. After you provide them, proceed by clicking ‘Submit’. After that, you will be shown a host of business loan options, out of which, select Prefr Partners to proceed.

  • Select loan repayment tenor and principal amount: After step #3, you must select the loan amount and repayment tenor as per your need.

  • Approval and Disbursal: Fill in some more information and see your loan application get approved within minutes. Before you know it, your money will be credited into your account.

Documents Required for Loan From Prefr Partners

Following documents are collected from the customer:

  • Photograph (selfie)

  • KYC Proof

  • Identity Proof

  • Address Proof

  • Additional Address Proof, wherever required

  • 3-month bank statement in PDF format (as required)

  • Business proof (as and when required)

  • Lender’s Digital click-wrap Agreement

  • NACH ○ Supports both e -mandate and Image Based NACH.

Prefr Partners - Contact Details

Prefr Partners H/O Address and Email ID

2nd Floor, Block 2, My Home Hub, Hitech City, Hyderabad, Telangana 500081.

Email ID is: info@prefr.com

Frequently Asked Questions

✔️Can I get a business loan if I don’t have a CIBIL score?

Yes, you can avail a Business Loan from Prefr Partners even if you don’t have a CIBIL score generated yet.

✔️How much time will it take to get the funds in my account?

Money will get transferred within your bank account within 2 hours, once your documents are verified.

✔️How much time will it take for me to get a loan approval?

You will get your loan approval in one-minute flat once you provide all the necessary details.

✔️What are the collaterals to be submitted in order to get the Loan?

You don’t have to submit any collaterals in order to get a Business Loan from Prefr Partners at Finserv MARKETS.