The borrowed amount can be used towards daily capital expenses, managing working capital gap, specific project funding and expansion of the business including purchase of new machinery. You can also apply for a business loan if you need capital to start a new business or ancillary units for your existing business. There are many banks & NBFCs that offer loans up to 30 lakhs with and without collateral with pre-approved offers. The rate of interest applicable and tenure offered for the loan depends upon a number of factors such as your credit rating, profitability of the business, future growth potential etc.
Grow your business with Business Loans from Afinoz. We provide you with a number of options in business loans from different banks and NBFCs. Now you can easily avail business loans through Afinoz without any hassles. We are always with you to help build your business.