What are the features of the Hero FinCorp Business Loan?

Hero FinCorp offers unsecured business loans to:

• Manufactures, Traders & Wholesalers
• SME businesses with a minimum of 5 years of experience having satisfactory credit and financial background.
• Sole Proprietorship, Partnership, Private Limited, Public Limited, Trust/Society, and Hindu Undivided Family (HUF)

Features of Hero FinCorp business loan:

Eligibility for HeroFincorp Business Loans:

• Business should have a minimum of 5 years of existence in the same sector
• Good credit score and flawless financial history
• Only an Indian citizen with no criminal record can apply
• Applicant should have no previous default on any borrowings

Benefits of Hero FinCorp Business Loan:

• Competitive interest rates
• Flexible repayments
• Hassle-free documentation process
• Fast loan approvals and disbursal
• Transparent loan process

Hero FinCorp is a non-banking financial company (NBFC) specializing in consumer finance and commercial lending services. Hero FinCorp offers working capital loans at interest rates starting at 18%. Hero FinCorp offers business loans, term loans, medical equipment loans, working capital loans, doctor loans and SME loans to individuals, SMEs, MSMEs and large-sized companies or establishments.

Hero FinCorp business loans come with security requirements and serve various business-related purposes, such as business expansion, raw material requirements, machinery and new plant investments. The loan amount that can be availed depends on individual business requirements, the applicant’s credit score and assessment of the company.