A business loan is financial support provided to MSMEs and entrepreneurs to fund growth and manage operations, repayable with interest over a set period. Eligible applicants include proprietorships, partnerships, LLPs, and private limited companies.
A business loan is financial support provided to MSMEs and entrepreneurs to fund growth and manage operations, repayable with interest over a set period. Eligible applicants include proprietorships, partnerships, LLPs, and private limited companies.
You can use funds from a business loan for working capital, equipment purchase, business expansion, hiring, or operational expenses.
No. LendingKart offers a fully online application process, so you can apply and receive funds without visiting a branch.
You can apply for a business loan online via LendingKart’s website. Fill out a simple form, upload your documents, and get approval digitally without visiting a branch.
To qualify for a LendingKart business loan, applicants should be self-employed individuals, MSMEs, or small businesses with at least 12 months of operations and consistent revenue. The business must be registered in India and demonstrate healthy cash flow and repayment capacity, supported by financial documents and a credit assessment.
You will need your business registration proof, bank statements, GST filings, and basic KYC documents such as ID and address proof.
Yes. LendingKart evaluates other data points like GST filings, bank statements, and cash flow performance, not just credit scores.
Interest rates start as low as 13.5% per annum, depending on loan type, amount, and repayment profile.
Depending on eligibility and business performance, you can borrow from ₹1 lakh to ₹35 lakh. The exact amount depends on your credit score, cash flow, and repayment history
With LendingKart’s fully digital process, loan approval and disbursal typically happen within 3 working days, much faster than traditional banks.