BUSINESS LOAN
Take your business to great heights
Introduction
When it comes to your business, you want to do everything in your power to ensure that it grows and thrives. With Nora Finance Business Loan, we help you take your business to new heights. Whether it is to expand to new markets, buy new equipment, upgrade existing facilities, or meet the requirements of your working capital, Nora Finance provides you with unsecured business lending solutions that cater to your diverse needs. Choose to bank with us and plan finances better for your business. Upscale your business with a Nora Finance Business loan.
Key Features
Loan Starting From 3 Lakhs
Longer Repayment Tenure
Smaller EMIs
Floating & Fixed Interest Rates
Eligibility For Business Loan
MSMEs/ non-Individuals such as:
- Private Ltd
- Partnership firms
- Minimum 3 years of business continuity
- LLPs
- Sole proprietors etc
Each meeting the minimum requirements as below:
- Minimum turnover of ₹10 Lakhs
- Minimum business vintage Proof of 7 Months
- Photo identity and Address proof : As per RBI defined KYC guidelines. Ownership proof of office or residence
- Business Proof : Shop Act License/MOA & AOA/GST registration/ITR, Partnership Deed
Any one of the additional documents basis selected program
- Basis Banking – Latest 2 years ITR and , Latest 1 Year Bank statements
- Or Basis GST – Latest 1 Year banking, GST returns for the last 12 months, Latest ITR and computation
- Or Basis income – Latest 2 years ITR & computation, Latest 2 years audited PnL & Balance sheet, Latest 1 Year Bank statements
Business Loan Approval process
1
Fill in the loan application form
2
Submit the required documents
3
Loan sanctioned by our team after verifying the documents
4
Loan amount disbursed