Making this one decision may be the only obstacle stopping you from making the most out of your business.
Step 1: Understand the Requirement
Analyse your business needs
- Financial health
- Goals to be achieved
Figure out the type of loan
- Business loan / working capital loan / other
- Amount and tenure of the loan
Step 2: Apply for Loan
Find lenders that cater to your industry
- Identify the Loan which fits your needs
- Check eligibility
- Calculate monthly Instalments
- Proof of ownership
- Business Records
- Bank statements
- Income Tax returns
- ID/Address proof
*The required documents may differ from lender to lender.
Book an appointment!
- Get in touch with the lender
- Understand the terms of the loan
- Fill in the application form and submit
Step 3: Wait for an Approval
- Regularly check in with your lender
- Provide extra information if/when necessary
- Be patient
Always remember that timely repayment of a loan, ensure a good credit score that can help your business in availing other financial benefits in the future!