Empower Your Business With Quick & Hassle-free Funding

The minimum business vintage required is 1 year. However, businesses with at least 2 years of operation have higher approval rates and better terms. We also consider your business's growth trajectory and financial health alongside the vintage.

You can apply for a business loan ranging from ₹10 Lakhs to ₹1 Crore. The actual approved amount will depend on your business financials, credit history, repayment capacity, and business growth potential. Our partners offer flexible amounts based on your specific needs.

Our approval process typically takes 24-48 hours once all required documents are submitted. After approval, disbursement is usually completed within 1-3 business days, depending on the lending partner and verification processes. We strive to make the process as quick and seamless as possible.

The overdraft facility provides a pre-approved credit limit that you can utilize as needed. You only pay interest on the amount utilized, not the entire limit. Funds can be withdrawn and repaid multiple times within the approved period, typically 12 months, with interest calculated on a daily basis on the outstanding amount.

The basic documents required include:

• Business registration documents (GST certificate, business licenses)
• PAN card and Aadhaar of business owner/directors
• Last 6 months' bank statements
• Last 2 years' financial statements or ITR
• GST returns for the last year (if applicable)

Additional documents may be required depending on the loan amount and lender requirements.

Prepayment charges vary depending on the lending partner and the loan terms. Some lenders charge 2-4% of the outstanding principal amount, while others may offer no-cost prepayment after a certain period (typically 6-12 months). We always disclose all applicable charges upfront before you finalize the loan agreement.

While profitability is preferred, it's not always mandatory. We look at various factors including cash flow, business growth trajectory, industry outlook, and future potential. Even businesses that aren't currently profitable may qualify if they demonstrate strong revenue growth and good cash flow management. Each application is evaluated holistically.

Interest rates typically range from 10% to 24% depending on multiple factors including your business vintage, credit score, financial health, industry type, loan amount, and tenure. Our algorithm matches you with the most suitable lending partner offering the best rates for your specific business profile and requirements.

Overdraft facilities are typically valid for 12 months. The renewal process begins 30-45 days before expiry and requires updated financial documents and bank statements. Businesses with good repayment history often qualify for increased limits and sometimes better rates. We send timely reminders to ensure smooth renewals without any interruption to your access.

Yes, having an existing business loan doesn't automatically disqualify you. We evaluate your business's overall debt service coverage ratio (DSCR) to ensure you have sufficient cash flow to service all debts. If your business demonstrates strong repayment capacity and growth, you may qualify for additional funding despite existing loans.