Our comprehensive range of business loans can help you turn your business dreams into reality. Fundbox: Fundbox offers business owners a way to fix their cash flow by advancing payments for their outstanding invoices. We can provide an indicative cost by using the Business Loan calculator which uses a representative rate. Fundtastic's small-business loan calculators can help you make sure you're comparing apples to apples. Just 3 of your most recent business bank statements and a simple application gets the process started. Business owners can apply online and will receive decisions in 60 seconds or less. If you receive a product/ loan proposal from anybody with a name similar to Aditya Birla Finance Limited or claiming to be from Aditya Birla Finance Limited or Birla Global Finance Limited or Birla Finance Limited or any other name which exhibits any connection with Aditya Birla Group or if you have any doubts about such proposal, please feel free to contact Aditya Birla Finance Ltd. Your research on the lender is as important to the process as the lender's research on your business.
Flexi Loan account is an industry first facility extended to you by Bajaj Finserv to add flexibility to your finances and help you save more in the long run. In most cases, the business applying for the loan will be required to present documentation, generally in the form of balance sheets and other similar documents, that prove the company has a favorable and consistent cash flow. Our small business loan calculator will give you an idea of how much it will cost to take out a loan. A business must repay the loan in full, together with the loan fee, regardless of its future credit- and debit-card charge volume.
For example, if you have a $100,000 line of credit, but have already used $90,000 of that line, you're considered a high Make sure to keep track of your total credit limits, including business credit cards, personal credit cards, lines of credit, and other credit sources, and maintain a reasonable debt usage. Once you've availed a Business Loan from Bajaj Finserv, you can get all information about your loan like payment schedule, interest certificate, repayment track and key information related to your loans through our digital customer portal. This lender offers business cash advances, merchant cash advances, and both secured and unsecured business loans.
To be eligible, you must have been in business for at least four months, and must have bank receipts or accept credit cards as a form of payment. A $250 switching fee may be payable any time you choose to switch from a variable rate loan to a fixed rate loan, or vice versa. PayPal: PayPal offers working-capital loans to small businesses that already process payments through PayPal. The good news is that a number of online lenders are giving banks a run for their money (and clients) by working directly with small business owners. All businesses that accept credit cards are eligible for a cash advance from FastUpFront. Once your business has been with PayPal for at least 3 months and has processed between $20,000 and $10 million with PayPal within 12 months, you will be eligible to apply for the PayPal Working Capital business loan at /workingcapital.
In case of Natural / Accidental Death of the customer, the customer / nominee can avail of the Payment Protection Insurance (Credit Protect) which insures the principle outstanding on the loan up to a maximum of the loan amount. The lender offers a wide range of loan types, including working-capital loans, business expansion/acquisition loans, SBA loans, lines of credit, equipment financing, inventory financing, accounts receivable factoring and merchant cash advances. But if having an extra set of hands around helps you focus on the big picture, that alone may be worth the loan cost. Yes, the annual turnover of your business should be between ` 10 Lakhs and ` 100 Crores. As one of the nation's biggest peer-to-peer lenders, it's a good pick for someone who's nervous about getting a loan online.