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Business Loan in Goa

Goa is one of the most popular places to visit in India. Several people visit the place for a variety of reasons. Goa is also one of the best places for flourishing businesses as well. It is also one of the places where several business owners set up businesses to support the large influx of tourists. So, applying for a Business Loan can help you finance your business. Here is all the information you need to know about availing of a Business Loan in Goa from Finserv MARKETS.

Features and Benefits of Business Loan in Goa

1. Fast Process

Most lending institutions take a very long time to process a loan. But, Business Loans on Finserv MARKETS are approved in a jiffy and the loan is disbursed to you very quickly.

2. High Loan Amount

With Finserv MARKETS, you can avail of a Business Loan of up to Rs. 30 Lakhs to use them for your required needs.

3. Flexible tenure

You have the option to choose the repayment period of up to 60 months, over which you will repay your Business Loan. You can decide on a flexible tenure based on your financial capacity.

4. No Collateral Required

You can avail of a Business Loan with Finserv MARKETS without any collateral or security.

Eligibility Criteria of Business Loan in Goa

To be eligible for the Business Loan, you must meet the following criteria.

1. Employment

You should be self-employed in order to be eligible to apply for a Business Loan.

2. Age

If you want to apply for a Business Loan, you should be at least 26 years old. However, you cannot apply for a Business Loan over 66 years of age.

3. Business Experience

It is mandatory for you to have at least 3 years of business experience in the current business.

Documents Required for Business Loan in Goa

In order to complete your Business Loan application process, you must submit a few documents. Here is the list of documents required for a Business Loan. Ensure to keep them handy so that you can finish your application process quickly.

  • Identity Proof such as Aadhar card, Driver’s License, Voter ID, etc.

  • Address Proof such as Voter ID, Utility Bills, Passport, etc.

  • ITR form that should contain details of your balance sheet, profit and loss statement, income computation, etc.

  • Declaration of Sole Proprietorship

  • Certified copy of Memorandum

  • Certified copy of Articles of Association

How to Apply for Business Loan in Goa

The Business Loan application process is usually an extremely long process. However, with Finserv MARKETS, you can apply for a Business Loan in a simple way by following these 5 easy steps.

Step 1 - Form Filling

The first step is to fill out the online form with all of your personal details and your employment details.

Step 2 - Choose the Lending Partner

Once you fill in your application form, you have to select your lending partner from a list of loan offers listed.

Step 3 - Choose Loan Preferences

After choosing your lending partner, the next step is to choose your preferred loan amount. You also have to pick the repayment tenure.

Step 4 - Upload Documents

Then, you have to upload all of the required documents for your loan application to be processed.

Step 5 - Disbursal

Once your loan application is verified and approved, the loan amount will be disbursed to your bank account.

Now that you know everything about availing of a Business Loan in Goa, apply for one at Finserv MARKETS.

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