Business loan
Business Loan /Unsecured loan (or Business installment loan) is a short-term unsecured loan of the 1-5 year provided by banks and NBFCs without asking for any collateral, guarantor or hypothecation of any assets. The usage of a business loan is left to the discretion of the borrower and can be utilized for working capital purposes, meeting short-term cash flow requirements etc.
A self- employed individuals/business owner in the age group of 21 to 65 years can apply for the business loan.
The annual turnover required for eligibility will vary from bank to bank. The business needs to be in continuity for the last 3 years with positive trends in turnover and profit for the last 2 years.
- Hassle free disbursement: Once all documents are approved, you can avail your money.
- Low-interest rates: We at Globe Bizz make sure that customer applications go to the best market partners and providing our customers the lowest interest rates on the business loans.
- Guarantee: Get a commercial loan without any type of security or collateral.
- No Hidden Charges: We do not charge any fee as per our policy during the whole process.