Factors That Determine Your Business Loan Interest Rate

Credit Score

A great score will always give you a competitive interest rate. High credit score will always be appreciated and will make your loan process smoother.



Business Experience

It basically means how much experience do you have in your business. The higher the experience, the easier it will be to avail a business loan with an affordable interest rate.



Monthly Revenue of your Business

Regular & stable income has a strong bearing on the repayment capability of your business. We make it a point to analyse the daily average balance before deciding your business loan interest rate.

Collateral

This means the security that you are willing to pledge for availing the business loan. The higher the value of the secured asset, the higher the chances of you getting the business loan at an affordable interest rate. Collateral such as home equity, deposits, equipment and investment real estate can be pledged as a security.

Documents Required for Business Loan

We offer business loan with minimal documentation which include the following

Aadhaar Card/Passport/Driving License

PAN Card

*Don't worry if you are asked to upload additional documents. We are just creating the best loan for you!

How to Calculate Business Loan EMI

Now that you’ve understood about the interest rates and documents required for your business loan. Let’s check how much monthly Business loan EMI you will have to pay.



Why Choose Finserv MARKETS?

A Loan from us will always give you benefits such as

End To End Online Process

Minimal Documentation

No Hidden Charges