June 08, 2019
Do you have a dream of starting your own business or becoming self-employed? If you have ample experience in your chosen field and a passion for being your own boss, you can think of starting a business. One of the biggest challenges of starting up a new business is arranging for the finances. Even if your savings stashed away for your new business, you could not completely dip into it as you may need it for your personal expenses or emergencies. Your other option would be to go for investors or partners. However, if you don’t find investors or aren’t interested in getting partners, your best option would be to go for a business loan for your new business.
Nitstone Finserv offers business loan in Bangalore. The best part about approaching Nitstone Finserv for a loan is that the loan application process is simple, straightforward and completely transparent. Plus, if you meet the eligibility criteria, then the loan amount will be credited to your account in just a few days. Nitstone Finserv offers business loan from INR 5 to 45 lakhs without any guarantor or collateral.
What are the Eligibility Criteria for Availing a Business Loan for a New Business?
- You need to have a registered company
- Nitstone Finserv offers a loan for limited, private, partnership and proprietorship companies
- If you are self-employed in professions such as chartered accountancy, allopathic doctor, architect or company secretary, you can apply for a business loan at Nitstone Finserv
- Manufacturers and traders can also apply for this loan
What are the Documents You Should Submit While Applying for a Business Loan in Bangalore?
You should submit the following documents while applying for a business loan:
- Certificate/proof of business
- Financial documents
- Bank account statements
- KYC documents
- Passport photographs
Apart from these documents, you will also be asked to submit your business plan. The plan should have a detailed account of the new business that you are proposing to start. It should also clearly explain the objective and goals of your business plan. Details of how you are planning to use the loan amount and your proposed business turnover should also be provided in the proposal document.
So, what are you waiting for? If you want to start your business, don’t delay. Visit Nitstone Finserv and apply for a business loan in Bangalore right away. All you need to do is fill the online form with the relevant details and submit the form online. Our representative will contact you, and the process will be completed in just a few days.