Business Loan in Vijaywada

How can a business loan benefit your business?

Exportation:

Exportation is an excellent way for businesses to earn global recognition and gain good returns. However, the process of exporting requires adequate funds. This is where loans come into play. By taking a business loan in Vijayawada, organizations can receive the funds they need to partake in exportation activities.

Building credit:

Building a good credit score is a priority for every business. By establishing an impressive credit score, organizations can improve their reliability and enhance their chances of receiving future loans. By availing unsecured business loans in Vijayawada, a firm can raise its credit score.

Purchasing inventory:

To ensure smooth running, an organization requires sufficient inventory. This is especially true in the cases of seasonal businesses such as umbrella retailers or winter wear vendors who make sales seasonally. To build ample stock in advance, organizations can utilize the funds received through unsecured business loans in Vijayawada to purchase inventory.

Ensuring cash flow:

A strong cash flow is necessary for businesses to perform their day-to-day operations. However, many a time, firms face cash flow shortages or inconsistent revenues which jeopardize their future. By receiving loans from small business loan providers in Vijayawada, firms can be prepared for such contingencies.

Reasons to avail business loans from HFS

Hiranandani Financial Services is an NBFC created with the objective to support small businesses across India. By providing financial assistance, we aim to assist entrepreneurs in achieving their goals.

Our doorstep service and proficient personnel makes us he most reputable small business loan providers in Vijayawada

Quick approval rate, processing time, minimal documentation and fast loans through a few simple steps.

HFS allows organizations to choose between a secured or an unsecured business loan.

HFS provisions flexible tenures and allows a business loan interest rate that is highly feasible.

Reasons to avail business loans from HFS

Our doorstep service and proficient personnel makes us he most reputable small business loan providers in Vijayawada

Quick approval rate, processing time, minimal documentation and fast loans through a few simple steps.

HFS allows organizations to choose between a secured or an unsecured business loan.

HFS provisions flexible tenures and allows a business loan interest rate that is highly feasible.

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 computation of income

Business Documents:

Copy of Partnership Deed/MOA/AOA and Business Continuity Proof

In case of secured loans:

Copy of property documents

Eligibility Criteria :

Applicants must be over 21 years of age.

Self-employed individuals, professionals, and businesses must be in business for a minimum of 3 years.

The minimum annual income of individuals or businesses should be 24 Lacs p.a.

In case of private limited companies and partnership firms, the organization must have had a profit-making streak for the past 2 years.

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 computation of income

Business Documents:

Copy of Partnership Deed/MOA/AOA and Business Continuity Proof

In case of secured loans:

Copy of property documents

Eligibility Criteria :

Applicants must be over 21 years of age.

Self-employed individuals, professionals, and businesses must be in business for a minimum of 3 years.

The minimum annual income of individuals or businesses should be 24 Lacs p.a.

In case of private limited companies and partnership firms, the organization must have had a profit-making streak for the past 2 years.

Business Loan in Vijaywada

How can a business loan benefit your business?

Reasons to avail business loans from HFS

Reasons to avail business loans from HFS

Document & Eligibility criteria

Documents required :

Eligibility Criteria :

Documents required :

Eligibility Criteria :

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