UNSECURED BUSINESS LOAN

A credit extension, is a game plan between a monetary organizations, and a client that builds up a greatest advance equilibrium .

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What is unsecured business loan?

A credit extension, is a game plan between a monetary organizations, and a client that builds up a greatest advance equilibrium that the loan specialist allows the borrower to get to or keep a client may draw upon the accessible credit extension, given that the sum doesn’t surpass the cutoff. Cash acquired on the credit extension should be repaid inside a predefined time span, at a predetermined financing cost. In contrast to an advance, be that as it may, just the cash really drawn (or utilized) on a credit extension is charged.

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If you want hassle free,quick processing with simple documentation and no collateral or security required, then an Unsecured Business Loan  is the product for you.

SME, professionals, manufacturers, service providers, and traders can all apply for an unsecure business loan.

The minimum and maximum loan amounts available through Unsecured Business Loan are INR 10 lakhs and   INR 50 lakhs, respectively.

This loan does not require any kind of security or collateral.

Unsecured Business Loans are not available for new businesses because minimum of years in the same line of business and business operations in the same city is required. 
To qualify for this loan, you must provide two years of audited financials.
Prepayment is permitted after nine months from the date of disbursement. There is no option for partial payment.

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