CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, 2nd Floor, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
Lenders are always reluctant to lend loans to individuals who are looking forward to start a small business. Lending money to small businesses or startups are prone to be riskier than lending for home loans and other types of loans
There are many start-ups popping up in India and getting funding for these business might seem to be a concern. Getting funds for a small business venture might not be easy for everyone.
For any business to kick start and function smoothly, you will have to pump in money. Sometimes it is not very easy to arrange funds immediately to finance your business. This is when small business loans can come to your rescue. Now a days there are many options that a start up owner can approach for funds, Short-term Loans, Lines of credit, Equipment Loans, startup business loans.
There are a lot of public and private banks that provide business loans to varied individuals. Getting the best loan depends on a lot of factors, and the best bank would be the one that provides the loan at lesser interest rates. To put it simply, if a bank agrees to give you a business loan at a lower interest rate than all other lenders, then that is the best bank for you to get the loan. However, it is not possible to say that would be the best bank for someone else.
An unsecured business loan is one of the ways to secure funds for your small business. It is easy to apply from banks, NBFCs and online lenders and get the amount disbursed in a few days. An unsecured loan helps you manage all type of needs for your small business. It could be for purchase of inventory, managing the working capital or all other small-time needs.
If you are a business person who is looking to establish, expand or improve your business, you can apply for a business loan from a bank or a Non-Banking Financial Company (NBFC).
If you are an entrepreneur who is looking to start and establish your business in the market but do not have the funds to do so, then you can apply for a business loan. Business loans are specially made to help individuals or groups to establish, expand or improve their businesses.
The common way to get a business loan would be to approach the banks and NBFCs. You compare and check the rates provided by each lender and choose the best offer.
If you are seeking a business loan for a start-up, online lenders are the most sought-after option as the process is quick with minimum documentation.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.