Shreeji Associates Business Loan

Business loans are offered to small and medium enterprises towards working capital, expansion, or modernization of existing business. The idea is that if there is opportunity for growth at acceptable risk levels the banks will finance. Loan amounts offered could vary between Rs.25 lakh to Rs.100 Cr.

Secured loans could be against Property (movable / unmovable), Since the loans are secured the rate of interest likely would be lower than unsecured loans. Secured loans could be in the form of short, medium or long term loans for temporary / bridge loans, Working capital or for purchase of machineries or other fixed assets. The interest factor depends on the perceived risk factor by the banks, past track, growth and profitability trends and the industry profile.

Business loan can be availed by self-employed individuals, Partnership firms, Private limited and Limited companies. The funds can be used for business expansion, working capital, renovating your office, buying new property or equipment or personal requirements like child's education, marriage or home renovation, etc.