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What is the definition of Business loan? Business loan is an unsecured collateral free loan offered to businessmen who are self-employed individuals. Business loan can be granted to proprietorship firms, partnership firms, private and public ltd cos. also on the basis of their business turnover & ITR filed for last three years. The business continuity should be minimum 5 years.
 We arrange a lot of business lending products like Business Loans, Small business loan, Secured and unsecured Term Loans and Overdraft Facility.
We give our best to our clients to meet their financial requirements to keep business ahead of others and fast growing.
Contact us now to get access to a whole range of unique benefits, services, business intelligence, deals and discounts that are normally enjoyed by large corporate.
We are having the dedicated team of professionals to cater your needs .Our team includes senior ex-bankers who have more than 15 years of experience. We help our clients to grow their business, across various business segment/ industries. So, if you want to enhance or diversify your business, fund your next project, you can do it without disturbing your investments or taking multiple loans. We also help you in debt syndication and debt consolidation, where you can transfer your high interest loans/debts to us. We compete with different banks and NBFCs to get the best deal for you in terms of rate of interest, repayment period, forclosure charges and processing fees. With personalized solutions and service, we ensure that you get the best business loan deal you need to make your business dreams come true.
Mudra Finance provides Unsecured Business Loan In Delhi with easy paper work and quickly approval at attractive rates of interest. We have vast business clientele who have availed unsecured business loan for us and successfully managed their requirements.
List Of Documents Required For Business Loan:
Documents Required for business loan in India
1. ID Proof: Any Two from Passport, Pan card, Voters ID Card and Driving License.
2. Address Proof
3. Proof of Continuity Of Business:- 5 years old banking page, TIN/VAT RC, Service Tax regn.
4. Bank Statement 6 Months
5. ITR & Statement Of Computation of Income – for last 3 Years
6. CA Certified or Audited P/L Account and for turnover >60 Lacs cases Audit report along with schedules of P&L and Balance Sheet – for last 3 years
7. Ownership Proof of Residence or Office
8. All running loan tracks or schedules
Note :- Extra Documents For Private Limited Co.
1. Board Resolution (If Private Limited Co. is borrower/Partnership Authorization Letter {if partnership firm is co-borrower}
2. All directors/partners KYC
3. Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)
4. Latest ITR of Co-Applicants – For last 3 Years
Eligibility Criteria :
• Minimum Turnover ofRs. 100 Lakhs.
• Business Vintage : Minimum of 3 years in current business and 5 years total business experience
• Business must be profit making for the last 2 years
• Minimum Annual Income (ITR): Rs. 2 Lakhs p.a.
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