A business loan is financial support provided to MSMEs and entrepreneurs for managing operations, expansion, or working capital. Once approved, the loan amount is disbursed to your account and repaid with interest through regular EMIs over a set tenure.
Self-employed individuals, MSMEs, startups, and small businesses with at least 12 months of operations and steady income can apply. Eligibility is based on factors like business turnover, cash flow, credit score, and repayment capacity.
A business loan or LendingKart MSME loan allows you to grow your business without using personal savings. With competitive rates, fast approval, and transparent terms, it supports responsible borrowing for sustainable growth.
Business loans are meant for business purposes and are assessed on the company’s financials and cash flows. Personal loans are based on individual income and credit history, usually offering lower amounts and shorter tenures.
Collateral is an asset pledged against a loan. For unsecured business loans, collateral is generally not required.
No. With proper documentation, steady business revenue, and good repayment discipline, unsecured loans are simple and quick to process.
Maintain updated financial records, demonstrate consistent revenue, and ensure timely repayment of any existing obligations.
You can apply online on the LendingKart website by filling out a quick form and uploading basic KYC, business registration proof, bank statements, and GST filings. The process is entirely digital; no branch visit is required.
You need your business registration proof, bank statements, GST filings, and basic KYC documents such as ID and address proof.
Submit complete and accurate documents, ensure consistent business revenue, and provide clear cash flow details for faster verification and approval.
