Take your business to next level using lonar business loans. Business Loans allow you to invest in infrastructure, operations, plant, and machinery or to increase working capital.
Our customized business loans can give your business the boost to help your business scale to new heights.
Business loans from Lonar, enable you to redraw your business strategies to match today’s agile work environments. Our customized business loans can help your business to reach new heights with enhanced competitiveness and profitability. We can help you to approve the business loan for your small and big business easily.
Our business loans especially designed for women enterpreneurs, to make them self-reliant.
Small and medium businesses can now grow their operations in an easy way with MSME and SME business loans.
Install or upgrade to the latest machine infrastructure and the latest technology are the need of every business.
With working Capital Loans maintain healthy cash flow without any security.
Documentation for business loan applications involves basic KYC documents (PAN, Address proof), Bank Statements, and business documents. Here is a list for your quick reference.
To avail a business loan, you must meet the following eligibility criteria –
If you are not sure if your business falls under a restricted category or location, you can contact us to confirm your eligibility.
A Business loan is a debt instrument used specifically for business finance like funding the expansion of your business, purchasing long-term assets for the business, or meeting the working capital requirements. It has to repay according to certain agreed-upon terms and conditions.
A CIBIL score of 750 is considered healthy to avail a Business Loan. The closer your score is to 900, the higher are your chances of getting small Business financing.
You can take a Business loan to fund your Business investments and projects. A Business Loan can help your business venture to prosper at a faster pace and you can finish stagnant projects immediately.
You can repay through Post Dated Cheques, Electronic Clearance Service (ECS) or Direct Debit.
Business loans are available to both professionals and non-professionals that are self-employed. Business loan interest rates are highly competitive and are typically approved quickly. The following types of companies can secure business loans –
Private limited companies
Closely-held public limited companies
Hospitals, nursing homes, diagnostic centers, pathological labs
Yes, you can get a business loan without any collateral or security.
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