High Loan Amount
Whether your fund requirements are high or low, Hero FinCorp is always committed to serving you. Now fulfil all your business needs by applying for our business loan ranging from Rs 3 lakh to 40 lakh.
INTRODUCTION
Once popular as the 'Queen of the Deccan,' Pune, today, is renowned as the 'Motor City of India.' It is India's one of the leading automobile centres and the second-largest city in Maharashtra. Almost every major domestic and international automobile manufacturer has a presence in Pune. However, in the past few decades, Pune has seen several other industries picking up the pace and creating opportunities for both existing and new businesses. The city's expanding business opportunities have resulted in the introduction of many new business loan providers in Pune. However, if you are looking to get a hassle-free loan at a competitive interest rate, then you must visit Hero FinCorp.
FEATURES AND BENEFITS OF BUSINESS LOAN IN PUNE
Hero FinCorp’s small business loan in Pune comes with many features and advantages that can help your business achieve new heights.
Flexible Tenure
With us, you can enjoy flexibility in the business loan repayment terms. Hero FinCorp offers business loan terms ranging from 12 to 60 months, allowing you to choose a term that best suits your convenience.
Multi-purpose Loan
When you avail of Hero FinCorp's small business loan in Pune, you can utilise funds for any of your business needs. You can use it to purchase machinery, pay staff salaries, or set up a new branch in Pune.
Build Credit
Are you attempting to improve your credit score? Simply apply for a small business loan from Hero FinCorp, pay your EMIs on time, and improve your credit history so that you can easily apply for a larger loan in the future.
HOW TO APPLY FOR A SMALL BUSINESS LOAN IN PUNE?
Hero FinCorp gives you an option to apply for a business loan in Pune through both offline and online methods. The detailed application process includes:
OFFLINE METHOD:
- 01
Visit our branch or outlet in Pune.
- 02
Inquire with our representatives about the documentation process and the eligibility parameters.
- 03
Request a loan application form and fill in your personal information as well as the amount and term of the business loan.
- 04
Go through our terms and conditions before signing the business loan application.
- 05
Submit your KYC, financial documents, and proof of income.
- 06
Our representatives will verify your details before approving your application
- 07
After approval, the funds will be credited to your account within 48 hours.
ONLINE METHOD:
- 01
Click here to visit the Hero FinCorp business loan application page.
- 02
You can also apply by calling 1800-102-4145 or sending an email to corporate.care@herofincorp.com
- 03
On the online form, fill in your personal information, the amount needed and the term of the business loan.
- 04
Upload the softcopy of all the compulsory documents.
- 05
If your details and documents match our requirements, a reference number will be provided to your registered phone number or email address. Save the reference id for later use.
- 06
In the next step, one of our executives will call you to obtain further information and will verify the details furnished by you.
- 07
After the successful verification, you will get a personalised loan offer through email, mentioning the business loan amount and interest rate.
- 08
You are required to send your acceptance on our offer, after which the amount will be credited to your bank account within 48 hours of approval.
Eligibility Criteria for Business Loan in Pune
To apply for a Hero FinCorp small business loan in Pune, you must fall within our minimum qualifying criteria.
Documents Required for a Small Business Loan in Pune
To have a smooth application process, you must know about our documentation process.
- KYC documents of borrowers and guarantors
- Recent audited financials
- GST returns for the financial year
- Last 6 months bank statement
- List of directors or shareholding patterns (if applicable)
Frequently Asked Questions (FAQs)
When evaluating your business loan application, your income helps financial institutions to determine your repayment capability. Having a higher income not only boosts your approval chances but also helps you to secure a business loan at a lower interest rate.
Your business loan eligibility is determined by the following factors:
- Applicant's age and income
- Business vintage and revenue
- Business financial records
- Nature of your business
- Business credibility
Hero FinCorp's business loan is available to businesses such as sole proprietors, partnership firms, trusts, and other entities.