Reasons to take a business loan in Hyderabad

Beneficial for diverse businesses:
Established franchises have a vast and diverse array of needs. This is because they are in the initial process of establishment and this stage poses many demands such as marketing, equipment, and other hefty expenditures. By availing a business loan in Hyderabad, corporate firms can have access to funds required for their inauguration and growth.
Affordable interest rates:
Banks and financial institutions in Hyderabad offer business loans with flexible tenures and a highly feasible business loan interest rate.
Smooth operation:
To undertake responsibilities and incur day-to-day expenses, businesses need working capital. Without meeting the essential expenses of rent, overhead, and payroll on time, a business cannot operate smoothly. Moreover, even after meeting the necessary requirements, a business must have sufficient funds to facilitate expansion and venture new opportunities. Therefore, by applying for unsecured business loans in Hyderabad, organizations can secure the capital required for a seamless operation.

Reasons to choose HFS for your business loan

Our excellent customer service and customizable loan products have earned HFS the title of one of the topmost small business loan providers in Hyderabad.
Our customized secured and unsecured loans meet the requirements of all businesses.
Lightning-fast approval, minimal documentation, and doorstep service to simplify the loan application process.
Get secured and unsecured business loans in Hyderabad with large loan amounts at affordable interest rates and convenient tenures.
As one of the most reputable small business loan providers in Hyderabad, we offer complete transparency in the lending process.

Reasons to choose HFS for your business loan

Our excellent customer service and customizable loan products have earned HFS the title of one of the topmost small business loan providers in Hyderabad.

Document & Eligibility criteria

Documents required :

Proof of Identity:

PAN card / Aadhaar card

Proof of Address:

Rent document / Voter’s ID / Ration card / Passport

Financial Statements:

Past 6 – 12 months’ bank statements, Latest ITR and certified computation of income

Business Documents:

Business continuity proof

In case of Partnership Firms:

Copy of partnership deed

In case of secured loans:

Copy of property documents and collaterals

Eligibility Criteria :

Be at least 21 years of age
Have a minimum experience of 3 years in business
Receive an annual income of 24 Lacs
Be known as a profit-making business in the last 2 years in the case of partnership firms and private limited companies

Documents required :

Proof of Identity:

PAN card / Aadhaar card

Proof of Address:

Rent document / Voter’s ID / Ration card / Passport

Financial Statements:

Past 6 – 12 months’ bank statements, Latest ITR and certified computation of income

Business Documents:

Business continuity proof

In case of Partnership Firms:

Copy of partnership deed

In case of secured loans:

Copy of property documents and collaterals

Eligibility Criteria :

Be at least 21 years of age
Have a minimum experience of 3 years in business
Receive an annual income of 24 Lacs
Be known as a profit-making business in the last 2 years in the case of partnership firms and private limited companies