Get an unsecured business loan as high as Rs 40 lakh from Hero FinCorp. If you want to skip the long queues and heavy paperwork, apply for the loan online and get your capital faster.
A business loan is a capital or working capital borrowed by a business owner from lenders to fund expenses mainly related to daily operations, expansion, growth or marketing. The primary intention of a private business loan is the quick way to get a lump sum of money, enabling the business to support its urgent requirements such as business expansion, meeting working capital needs, purchasing business assets, and staff expansion.
The demand for a loan for a business varies depending on its size, needs, and the type of industry the business operates in. We, at Hero FinCorp, understand that from our years of experience in giving loans to SMEs across various industry verticals in India. Through a Hero FinCorp Unsecured Business Loan, we try our best to make sure that the financial needs of businesses are met. Our flexible business line of credit and term loans for small businesses are designed to give businesses quick access to urgent working capital.
Hero FinCorp is a trusted name in the financial industry with services to individuals and businesses. Here are some of the reasons why Hero FinCorp stands out for business loans:
You must be residing in India and must be between 25 and 65 years of age.
You must be an Indian citizen.
You must be running the business successfully for at least five years.
There are no minimum income requirements for Business Loans.
When you apply for a Business Loan at Hero FinCorp, you can avoid being involved in unnecessary formalities and paperwork. You can fulfil our minimal documentation requirements for Business Loans from your smartphone in minutes. To get a quick business loan with Hero FinCorp, make sure you have all of the following documents in place.
Aadhaar Card, PAN Card, passport, or any other valid identity proof issued by the government
KYC documents for all business partners, stakeholders, and directors
Utility Bills, bank statements, or another document to verify your business address
Partnership deed, certificate of incorporation, or another registration document verifying your business structure
Bank statements for both personal and business accounts showing your cash flow
Balance sheets, profit and loss statements, past few years’ ITR showing your business performance
Hero FinCorp offers a reasonable Business Loan interest rate based on your credibility, repayment capacity, and business performance. When it comes to taking out a business loan, it's essential to understand the interest rates and charges involved:
