Business Loans
Fulfil the working capital requirements for the next level of your growth
If your business is ready for the next level of growth but a permanent infusion of funds is holding you back, we have a solution for you. While we infuse the required funds, you repay as you earn – Daily, Weekly or Monthly. What more, your loan amount shoots up if you provide a security (Property, Life Insurance Policy, Equities and Mutual Funds etc.)
Key Features
Unsecured Business Loans
- Loan amount – Up to ₹ 5 Lacs
- Loan tenure – up to 36 months
- Prepayment charges – Nil (after 1 year)
- Interest payable only on utilized amount
Secured Business Loans
- Loan amount – up to ₹ 25 Lacs
- Loan to Value (of security) – up to 120%
- Loan tenure – up to 84 months
- Prepayment charges – Nil (after 1 year)
Loans for Asset Purchase
We help you buy the shop/ office/ equipment that can boost your sales or enhance your production
Although you know, ‘that’ new technology would help you enhance your manufacturing capacity or ‘that’ shop/ office next to yours, is available at a reasonable price, but you are not able to take the advantage. You do not want to block your working capital funds into these capital expenses and rightly so. BIZLOAN’s Asset/ Machinery Purchase Loan, helps you acquire these productive assets, by providing long-term finance.
Key Features
- Loan amount – up to ₹ 25 Lacs
- Finance – up to 80% of the value purchase value
- Loan tenure – up to 84 months
- Prepayment charges – Nil (after 1 year)
Short Term Loans
We take care your short term working capital needs, whether its for festival season or for a large order
Order Funding
The first thing that holds you from accepting a large order is the uncertainty about the means of funding. While your supplier asks for cash payment, the buyer would pay you only at time of delivery or even later. BIZLOAN’s Order Funding shall be your partner in executing that order, which can help you gain the trust of your buyer and set your business up for growth.
Key Features
- Revolving Limit – upto ₹ 5 lacs
- Max amount per order – ₹ 2 Lacs
- Finance – upto 80% of order value
- Tenure – upto 3 months per order
Invoice/ Bill Discounting
Rotate your money faster and get paid immediately as you sell, even when your customers ask for more time to pay. The invoice you raise, is as good as a cheque and we at BIZLOAN shall discount this cheque of yours. Your limit shall refill every time your customer pays and invoice gets squared off.
Key Features
- Revolving Limit – upto ₹ 10 lacs with a cap of ₹ 2 Lacs per Invoice
- Maximum amount per Invoice/ Bill – 80%
- Tenure – upto 3 months per order
- Interest payable only on utilized amount
Bullet Loans
Opportunities do knock your doors, like a cash discount offer from your principal or festival/ peak season surge in sales. At such times, the working capital requirement of a business climbs up for short term. BIZLOAN’s Bullet Loans shall help you bridge the gap and allow you to grab the opportunity with both hands.
Key Features
- Loan amount – upto ₹ 5 Lacs
- Loan tenure – upto 6 months
- Service only interest during the loan tenor
- Repayment through a single Bullet Payment at the end of the loan tenor
Key Features
- Revolving Limit – upto ₹ 5 lacs
- Max amount per order – ₹ 2 Lacs
- Finance – upto 80% of order value
- Tenure – upto 3 months per order
- Tenure – upto 3 months per orde
Key Features
- Revolving Limit – upto ₹ 10 lacs with a cap of ₹ 2 Lacs per Invoice
- Maximum amount per Invoice/ Bill – 80%
- Tenure – upto 3 months per order
- Interest payable only on utilized amount
Key Features
- Loan amount – upto ₹ 5 Lacs
- Loan tenure – upto 6 months
- Service only interest during the loan tenure
- Repayment through a single Bullet Payment at the end of the loan tenure