Unsecured Business Loan upto 1 crore within 3 days in Hoskote Bangalore

Unsecured Business Loan upto 1 crore within 3 days in Hoskote

what is unsecured Business loanWhat is Unsecured Business Loan ?

Unsecured Business Loan is a debt finance a business entity can get based on their financial strength. Mainly it is made available to business across segments as collateral free loan to meet short term financial obligations.

Who can get Unsecured Business Loan ?Who can get Unsecured Business Loan ?

Any Business which has completed 3 years into business and is profitable is well positioned to get unsecured Business Loan from Banks and NBFCs. The minimum turnover should be above 1 crore as per last audited financial statements.

 

How much loan one can get ?How much loan one can get ?

Business operating in Bangalore/ Bengaluru can avail unsecured Loan upto 5 Cr based on their eligibility.

 

What is the rate of interest and Processing charges for Unsecured Loan ?What is the rate of interest and Processing charges for Unsecured Loan ?

Generally interest rate varies from 16% to 20% on Reducing balance with most of the Banks and NBFCs.  Processing Charge is between 1%-3%.

 

How to get Unsecured Business Loan ?How to get Unsecured Business Loan ?

If you are looking for a Unsecured Business Loan in Bangalore, Redwood Syndicate is the best service provider:

You can contact them on: 080 42296070 or Email: info@redwoodsyndicate.com 

 

Documents List for Unsecured Business Loan:

 

1Aadhaar, Pan card, Resi & office (business) address proof of all Applicants and Co-Applicants
2Self Attested Photo of all Applicants and Co-applicants
3Company/Firm KYC (PAN CARD, Address Proof)
4Company Registration Certificates ( GST Certificate)
5MOA / AOA /Partnership Deed/Registration copy/vat registration copy
6Latest Two years Company Financials with Complete set (ITR,Statement of income, P&l, Balance Sheet, Schedules) (form 3cd,3cb, Auditors Report, Directors, Report, Where ever necessary)
7Latest 6 months Complete Bank Statement reflected in balance sheet
10OD / CC /TL Sanction Letters
11Current running Loans Repayment track
12GST Returns for last 12 months
13Property Tax paid receipt /Sale Deed/Khata/property extract
13If any loans are reflecting in cibil ? if yes loan details required
14If any director retired/appointed …from 32 required
15Principle partnership deed required if Applicable.
 16Property  owner to be joint co applicant..if property is in the name of blood relatives
Contact080-42296070 : Redwood Syndicate: www.redwoodsyndicate.com  

 

Unsecured Business Loan upto 1 crore within 3 days in Hoskote Bangalore

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Author: dwapp