Business Loans
Fuel your business growth with flexible financing solutions designed for entrepreneurs.
About Our Business Loans
At TrueMitra Financial Services, we understand that businesses need financial support to grow and expand. Our business loan services are tailored to meet the unique requirements of different businesses, whether you're a startup, an SME, or an established enterprise.
Key Features
- Loan amounts from ₹5 lakhs to ₹10 crores
- Competitive interest rates starting from 9% p.a.
- Flexible repayment tenures of up to 10 years
- Minimal collateral requirements
- Quick processing and disbursement within 5-7 working days
- No hidden fees or prepayment penalties
- Dedicated relationship manager for personalized service
Eligibility Criteria
- Business vintage: Minimum 2 years of operational history
- Minimum annual turnover requirements:
- Small businesses: ₹25 lakhs
- Medium enterprises: ₹1 crore
- Stable business financials with consistent profits
- Good credit history with CIBIL score above 700
- Valid business registration and applicable licenses
Types of Business Loans We Offer
Working Capital Loans
Short-term financing to cover day-to-day operational expenses like inventory, payroll, and rent.
Term Loans
Long-term financing for major business investments such as expansion or equipment purchase.
Equipment Financing
Loans specifically for purchasing machinery, vehicles, or other business equipment.
Invoice Financing
Get advances against your unpaid invoices to improve cash flow while waiting for customer payments.
Startup Funding
Special financing options for new businesses with high growth potential.
Expansion Loans
Financing for businesses looking to open new locations or enter new markets.
Required Documents
Business Documents
- Business registration certificate
- GST registration (if applicable)
- Partnership deed/MOA/AOA (as applicable)
- Business license
- Business address proof
Financial Documents
- Last 2-3 years' audited financial statements
- Last 6 months' bank statements
- Income tax returns for the last 2 years
- Projected financials (for new projects)
- Existing loan statements (if any)
Why Choose Our Business Loans?
- Industry Expertise: Our loan specialists understand various business sectors and their unique financial needs.
- Customized Solutions: We tailor our loan offerings based on your business type, size, and goals.
- Flexible Terms: Options to structure repayments that align with your business cash flows.
- Quick Processing: Streamlined approval process for faster access to funds.
- Ongoing Support: Business advisory services to help maximize the impact of your financing.
Ready to Fund Your Business Growth?
Contact us today to discuss your business financing needs and get customized solutions that help your business thrive.