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Loans for
Business Expansion
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  • Collateral free loan
  • Longer tenure loan, easy repayment
  • No guarantor required

Business Loans

 

Business loans help you grow your business in ways you have always imagined. With our customized business loans, you can use the funds to meet the specific needs of your business to expand.

Uses of business loans:

                      

business loan
Upgrade your office premises / facilities
business loan
Complete all pending office repairs
business loan
Increase working capital
business loan
Expand your business by opening more branches
business loan
Pay off your high-cost debts


Why the HFS business loan is ideal for you:

Business Loan

 

A simple 3 step procedure:

Call us at your doorstep >> Quick loan approval >> Receive the funds in your account

Business Loan

 

Collateral-free

Yes, you heard that right. Our smart business loans are collateral and guarantor free, so you don’t have to be worried about either. As long as you have the zeal to grow, our business loans are just right for you.

 

Business Loan

 

Repayment tenure

The tenure for smart loans goes up to 5 years; while that for secured business loans goes for as long as your business needs.

 

Business Loan

 

 

Hassle-Free documentation

We understand your needs of the hour and hence, our business loans are approved within minimum hassle and documentation.

 

 

Loan in 3 easy steps

Step 1 Step 1 Call us at
your doorstep
Step 2 Step 2 Quick loan
approvals
Step 3 Step 3 Get funds into
your account

Check Eligibility

  • GROSS INCOME (MONTHLY)

    10 K
    5 Lacs
  • TENURE (YEARS)

    1 Year
    15 Years
  • OTHER EMIS (MONTHLY)

    0
    1 Lac
  • YOUR LOAN ELIGIBILITY

Smart Business Loan
  • Loans up to 25 Lakhs
  • Tenure ranging from 12 to 60 months
  • No guarantor/security required
  • Convenience of doorstep service
  • Attractive Rate of Interest
  • Minimum & Hassle-free Documentation
Secured Business Loan
  • Loan up to 2 Crore
  • Loan up to 70% of the market value of the property
  • Longer tenure as per business needs
  • Attractive interest rates
  • Simple and speedy processing
  • Balance transfer facility - Lets you retire your high cost debt

Self-employed (Individuals)

  Self-Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in firms in the Business of Manufacturing, Trading or Services.

Documents required:

  • Proof of Identity: Passport / Voters ID / Driving License / PAN Card / Aadhar Card
  • Address Proof: Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport
  • Bank Statements: Latest 6 months' bank statements / 6 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • Business Continuity Proof: Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns
  • Other Documents: Certified copy of Partnership Deed, Certified copy of MOA / AOA.

Additional Document Required:

  • Only for secured Business loan - Copy of all property documents

Private Limited Cos and Partnership Firms

 Private Limited Cos and Partnership Firms engaged in the Business of Manufacturing, Trading or Services

Documents required :

  •  ID / Business Continuity Proof: PAN Card / S&E License / Tax Returns / Utility Bill
  •  Address Proof: Utility Bill (Latest 2 months) / Registered Rental Agreement
  •  Bank Statements: Latest 6 months' bank statements / 6 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • Other Documents: Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Additional Document Required :

  • Only for secured Business loan - Copy of all property documents

Self-employed (Professionals)

  Self-Employed (Professionals) include self - employed Doctors, Chartered Accountants & Architects.

Documents required:

  • ID Proof: Passport / Voters ID / Driving License / PAN Card / Aadhar Card
  • Address Proof: Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport
  • Bank Statements: Latest 12 months' bank statements / 12 months’ bank passbook
  • Latest ITR along with computation of income, B/S & P&L A/c for the last 2 years certified by a CA

Additional Document Required:

  • Only for secured Business loan - Copy of all property documents

Self-employed (Individuals)

  Self-Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors of firms in the Business of Manufacturing, Trading or Services.

Documents required:

  • • Minimum age of Applicant: 21 years
  • • Years in business: Minimum 3 years
  • • Minimum Annual Income: ₹ 1, 00,000/- p.a. for Metro locations & ₹ 75,000 p.a. for Non-Metro locations.

Private Limited Cos and Partnership Firms

  Private Limited Cos and Partnership Firms engaged in the Business of Manufacturing, Trading or Services

  • Years in business: Minimum 3 years
  • Minimum Annual Income: ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.
  • Business must be profit making for the last 2 years

Self-employed (Professionals)

  Self-Employed (Professionals) include self - employed Doctors, Chartered Accountants & Architects.

  • Minimum age of applicant: 21 years
  • Years in business: Minimum 3 years
  • Minimum Annual Income: ₹ 1, 00,000 p.a. for Metro locations & ₹ 75,000 p.a. for other locations