Angelone Mehsana – Capital Enterprise
- +91 98241 49988
- T-42, S Cube, Radhanpur Road, Mehsana
- +91 98241 49988
Unsecured Business Loan in Mehsana
Capital Enterprise serves as the go-to Unsecured Business Loan Service Provider in Mehsana. Our simplified approach ensures that obtaining a business loan is hassle-free and accessible. With a commitment to assisting local businesses, we offer unsecured loans without the need for collateral, providing financial support for diverse needs such as expansion, working capital, or equipment purchases.
At Capital Enterprise, we understand the challenges faced by businesses in Mehsana, and our mission is to empower them with flexible and tailored financial solutions. Whether you’re a small startup or an established enterprise, our Unsecured Business Loans are designed to meet your unique requirements, fostering growth and success within the vibrant business community of Mehsana.
Feature & benefits of Business Loan
- Fast Processing & Disbursement.
- No collateral or security is needed.
- Consolidating debt through CC payments or other loan payments reduces greater EMI load each month.
- Lower rate of interest (ROI) than friends, family, or other money lenders.
- Dropline Overdraft Facility: Only pay interest on amounts actually used.
Minimum eligibility Criteria for Business loan
- Self-employed people, business owners, private limited companies, and partnership firms engaged in the manufacturing, trading, or service industries.
- Those who have been working in the current industry for at least three years.
- Person must be older than 23 and have a good CIBIL score of 700 or higher.
- A person must not have missed or delayed payments on any EMIs in the previous 12 months.
- The tenure varies from one to three years.
- Loans up to 1 Cr are available without the need for collateral.
Documents Required for Business Loan
- Individual KYC – ID Verification : PAN Card & Address Verification (Aadhaar Card/DL/Voter ID/Passport)
- Business KYC ID Verification : Pan Card in the Firm's Name & Address Verification - Light bill bearing the company's name.
- Business KYC : In the name of the firm or corporation (GST Certificate, MSME Certificate, Gumastadhara) and address proof are required for business registration.
- Banking for Businesses : Last 12 months' worth of bank statements for each account (current account, savings account, CC/OD).
- Business Financials : Most recent ITR, as well as income calculations, balance sheets, and profit and loss accounts for the last two years, following CA certification or audit.
- Most recent ITR, as well as income calculations, balance sheets, and profit and loss accounts for the last two years, following CA certification or audit.
Fees & Charges for Business Loan
| Loan Amount | Rs. 1 lac to Rs. 1 Cr |
|---|---|
| Tenure | 1 Year to 3 Years |
| ROI | 14 % to 22% |
| Processing Fees | 0.50%-3% + GST |
| Foreclosure Charges | Nil or 4% + GST |
| Part Payment Charges | Nil or 2% + GST |
Have Any Question?
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+91 98241 49988
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FAQs
Eligibility criteria typically include factors such as business vintage, annual turnover, profitability, credit history, and the purpose of the loan. Capital Enterprise evaluates these criteria to determine your eligibility for a business loan.
Generally, documents such as business financial statements, bank statements, income tax returns, business plan, identity proof, address proof, and details of the loan purpose might be required. Capital Enterprise will provide a specific checklist tailored to your business loan application.
The maximum loan amount and tenure depend on various factors like business financials, creditworthiness, and the purpose of the loan. Capital Enterprise will provide details based on your specific business situation.
Interest rates offered can vary, and options might include both fixed and floating rates. Capital Enterprise offers competitive rates and will explain these in detail to help you choose the most suitable option.
Capital Enterprise in Mehsana assists by providing tailored guidance throughout the business loan application process. They offer expert advice, evaluate your eligibility based on business specifics, assist in document preparation, aid in selecting the right loan product, and facilitate a smooth application and approval process for your business loan needs.
