Business Loans

At RAPIDLOANS, We understand how every little step really counts when you’re trying to reach your business goals. To help you meet newer milestones of success, we offer a range of collateral-free customized business loans. These loans are best suited for your business needs and help you achieve your goals faster.

Eligibility Criteria for Business Loans

Age18/21 Years to 60/65 years
Employment TypeSelf Employed
Credit Score700 and above with a good credit history
Minimum TurnoverA minimum turnover of ₹ 90,000 or more in the 3 months preceeding your loan application
Loan Amount
Upto 50 Lakh depending on the credit profile
Work ExperienceMinimum 3 Months employed in the same organisation
Firm TypeSole Proprietorship firms, Partnership firms, Private Limited Companies involved in business of Manufacturing, Trading and Services are eligible.

Documents Required for Business Loans

  • KYC Documents ( Aadhaar card, Pan Card )
  • Bank Statement – Last 12 Months
  • ITR with Income Computation*
  • GST Registration Certificate
  • Profit & Loss Statement
  • Balancesheet
  • Rent Aggreement of Business Address
  • Electricity Bill of Business Address
  • MSME/UDYAM/UDYOG AADHAR
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