What should I check before applying for a business loan in Mumbai? - letsdiskuss
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Anonymous

@letsuser/financialadvisor | Posted on | Share-Market-Finance


What should I check before applying for a business loan in Mumbai?


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finance professional | Posted on


Getting a Business loan can be very easy if you produce the right kind of documents/proofs to the NBFC that you're applying to.


Below are few important factors that most NBFC's consider before approving your business loan.


  1. Your Business must be running successfully for 6 months.
  2. Your minimum profit should be Rs. 90000 in the last 3 months.
  3. The business should not fall under blacklisted / excluded list for SBA finance.


You can apply for business loan in mumbai, from Lendingkart.com. Get loan approval in 3 working days once you upload the documents and the verification is completed.


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| Posted on


There are many business loan providers in Mumbai. Before you apply for a loan do your research on the kind of benefits the company provides. Check the interest rate and loan tenure. Plan out if you want to go for unsecured business loans that are available from money lending firms like SME Corner. Check your eligibility and then opt for the business loan.



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