BUSINESS LOANS

BUSINESS LOAN FORM

What is Business Loans?

Each business has its own special set of demands so we have a committed team of specialists
who work with you to figure out your work and design solutions most convenient for you specific nature.

Crontax provides a full bouquet of working capital features to help you conduct your cash flow
and assure the smooth functioning of your business.

How to apply for Business Loans

Apply Online

Fill simple application form

We process

Your application for loan

Rates

We get the best rates for you

Approval

Loan is approved and amount credited

Advantages of Business Loans

  • Brief and convenient process.
  • Personalised and malleable financial results.
  • Customer-adaptable services.

Minimum Requirements for Business Loans

ANNUAL TURNOVER

> ₹ 30 Lakhs

CREDIT SCORE

TIME IN BUSINESS

12 Months

Documents required for Business Loans

ADDRESS PROOF

LAST 2 YEARS BALANCE SHEET

LAST 2 YEARS PROFIT & LOSS STATEMENT

COMPANY REGISTRATION DETAILS

FREQUENTLY ASKED QUESTIONS

Short Term Loans

A loan which is scheduled to be paid in a maximum of 1 year. When your business is not entitled to a line of credit from financial lenders, you may still have success in getting money again as a short term loan (less than a year) to finance your short term working capital needs.

Long Term Loans

Business term loans are used in certain commercial loans, usually for major investments in business or in addition to an asset. These loans are often set along with the interest rates, monthly or quarterly installments schedule and a fixed maturity date.

Startup Business Loans

If you have a great new business idea for the first time, and you deficit in capital? We understand getting new business loans is always challenging, but we may be able to assist you and your new business with the loans you require.

Credit Line Or Line Of Credit

The business lines of credit are virtually unsecured loans, so you do not have to provide collateral or property, which can sell the claim in case of default to the lender. This concept is similar to a business credit card, but getting a cash advance from a credit card is generally pricier.

Anyone who owns a business knows :

Money to earn money. That uses the capital needed to work-whether you are just involved or big plans to grow your existing business. In fact, just about every business needs an additional working capital from time to time to make changes in the business. When this situation arises, trade credit may be the best option. At LegalRaasta as you get business loans very easily.

On occasions when in your business you just urgently need some extra capital or large capital. At LegalRaasta as a matter of fact you can get finance quickly.
But how can you get the financing that can afford your business?
We deal with all kinds of business here at LegalRaasta, and we’ve got some wavelengths which lead to loans in which application. Take a look at what you need to qualify. This will help you find out if term loan is the right product for you.

The rate of Business Loans is affected by various ways:

  • What type of Loan you are choosing?
  • Annual Turnover of your company
  • How long you want the loan?
  • What is the credit score of your company?
  • Time is business

Bonuses are offered under participating life policies i.e. policyholders can participate in the profits of the policyholder’s fund. A reversionary bonus is declared as a percentage which applies to the chosen sum assured. Reversionary bonuses can be simple or compounded bonuses. One-off reversionary bonuses are those that are paid out of one-time profits that may not occur again. A terminal bonus is the residual bonus declared on maturity or the policy i.e. if after declaration of all reversionary bonuses, there are still profits accrued to the fund, it may be paid out to the policyholder in the form of a terminal bonus.