Dhuleshwar Garden, C Scheme Jaipur
wisdom.finservative@gmail.com Find us on map

Error message

  • Deprecated function: Return type of DatabaseStatementBase::execute($args = [], $options = []) should either be compatible with PDOStatement::execute(?array $params = null): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in require_once() (line 2244 of /home2/globalli/public_html/wisdomfinservative/includes/database/database.inc).
  • Deprecated function: Return type of DatabaseStatementEmpty::current() should either be compatible with Iterator::current(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in require_once() (line 2346 of /home2/globalli/public_html/wisdomfinservative/includes/database/database.inc).
  • Deprecated function: Return type of DatabaseStatementEmpty::next() should either be compatible with Iterator::next(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in require_once() (line 2346 of /home2/globalli/public_html/wisdomfinservative/includes/database/database.inc).
  • Deprecated function: Return type of DatabaseStatementEmpty::key() should either be compatible with Iterator::key(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in require_once() (line 2346 of /home2/globalli/public_html/wisdomfinservative/includes/database/database.inc).
  • Deprecated function: Return type of DatabaseStatementEmpty::valid() should either be compatible with Iterator::valid(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in require_once() (line 2346 of /home2/globalli/public_html/wisdomfinservative/includes/database/database.inc).
  • Deprecated function: Return type of DatabaseStatementEmpty::rewind() should either be compatible with Iterator::rewind(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in require_once() (line 2346 of /home2/globalli/public_html/wisdomfinservative/includes/database/database.inc).

Small Business Loan

Apply Now

Small Business Loan

Business, be it big or small, is most of the time in need of additional funds to meet day-to-day business requirements. The required funding also depends upon the nature of the business – is it capital-intensive and what is its stage of development, in terms of inception, growth, or maturity? Usually, businesses need funds the most in the initial stages and for growth perspectives. In this piece of article, we shall discuss almost all the types of business loans that are sanctioned by financial institutions in India.

Our Small Business Loan is collateral-free, requires minimal documentation, and offers flexible repayment options. Ready to take your business to the next level?

Interest Rates

All business requires sufficient capital to support operating costs and/or expand. As a result, business owners seek out Business Loans to obtain the funds they want. Businesses can pick a Business Loan from a range of loan provider choices. Traditional bank loans are the most common form of capital, however, obtaining a bank loan is not a straightforward process.

Eligibility Criteria For Small Business Loan

Listed below are the general conditions for eligibility for a Small Business Loan set by financial lenders.

  • The applicant should be a resident of India.
  • The applicant should be a self-employed individual with at least 3 years business experience.
  • Should be a minimum of 21 years.
  • Should provide proof of business turnover and IT returns of the last 2-3 financial years.
  • Balance sheet of the business should show profitability.

Documents Required For Small Business Loan

Listed below are the documents that Small Business loan applicants will have to submit for verification:

  • Proof of identity - Aadhaar card, Passport, Voter ID Card, etc.
  • Proof of address - Passport, Utility bill, Voter ID card, etc.
  • 6 months' bank statements.
  • Business Income Tax Certificate, Balance sheet showing profits and loss of the last 2 years that has been certified by a Chartered Accountant.
  • Proof of business - establishment license, trade license, etc.
  • Sole proprietor deed, partnership deed, etc
  • House property or commercial property documents - for secured business loans.

    • subscribe newsletter

    Copyright © 2024 Wisdom Finservative Pvt. Ltd. All Rights Reserved

    Wisdom Finservative Pvt. Ltd.