Finance Your New Busines Easily with Our SME Loan Options
Secure a SME Loan Option with the Lower Interest Rates in the Market, designed to help you finance your new car purchase affordably.
Features and Benefits of our Car Loan
This comes under unsecured business loan. This loan is similar to personal loan but it is used for business purpose. The interest and EMI is fixed. There are banks who gives small business loan also to start ups for their business.
We at Real Value aim to uplift a small business enterprise by providing loan for their business capital. Any kind of SME like a small manufacturer, supplier, distributor as well as service provider can apply & avail a SME Loan.
Infact, for an SME Loan, a lot of emphasis is on the business plan and business vision of the SME and not necessarily their background as well as financial history.
SME Loan Eligibility and Documents
Read on to know the criteria required to apply for our SME Loan.
Product Features
- Collateral free business loans
- Right Sized Loans
- Loans from 2 Lacs – 30 Lacs
- Flexible Tenure
- Easy loan repayment options
- Fast & Simple
- Long Tenure upto 24 Months
Eligibility Criteria
- Self-employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.
- Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.
- Those whose business has been profit making for the previous 2 years
- The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum
- The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturit
Documentation Required
- ID Proof: Any Two from Passport, Pan card, Voters ID Card and Driving License.
- Address Proof
- Proof of Continuity of Business: – 5 years old banking page, TIN/VAT RC, Service Tax regn.
- Bank Statement 6 Months
- ITR & Statement Of Computation of Income – for last 3 Years
- 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
- Ownership Proof of Residence or Office
- All running loan tracks or schedule.
Why Us
At Finward, we have kept in pace with our ever-increasing growth. Our growth is mainly fueled by our deep understanding of client needs and banking products, along with our unbiased effort to bring a win-win deal both for the client as well as the bank. Clients always appreciate our best-in-class service and professional interactions, along with the use of latest technology to keep clients updated on the progress of their transaction.
While the numbers tell their own story, we take pride in having achieved these by serving the varied needs of thousands of customers spread over diverse geographies. This experience stands us in good stead whenever our customers have specific needs in terms of guidance, processes, possibilities, and of course, loans.
