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Business Loan Services

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BUSINESS LOAN

Business loans provide the financial support your enterprise needs to expand and sustain operations. Whether it’s for infrastructure, machinery, or working capital, a business loan can help you achieve your growth goals. With tailored solutions for startups and established businesses, our loans give your enterprise the competitive edge to succeed in today’s dynamic market.

Key Features of Our Business Loan

  • •   Business loans up to ₹2 Crore
  • •   Quick and hassle-free processing
  • •   Fast approvals and disbursals
  • •   No collateral required
  • •   Competitive interest rates
  • •   Flexible repayment options
  • •   Extended loan tenure
  • •   No hidden charges

Business Loan Fees, Interest Rates & Eligibility

Andromeda Sales and Distribution Pvt. Ltd. provide transparent information on loan eligibility and charges. While specific requirements may vary across banks and NBFCs, the following terms are generally applicable to salaried and self-employed applicants:

Eligibility Criteria

  • •   Interest Rates: 8.3% – 9.5% per annum
  • •   Processing Fee: 0.5%
  • •   Loan Tenure: 3 to 7 years
  • •   Pre-closure Charges: Nil**
  • •   Minimum Turnover: ₹90,000 for the last 3 months
  • •   Loan Amount: ₹50,000 – ₹2 Crore
  • •   Repayment Options: Monthly or Bi-weekly installments

Business Loan Required Documents

To apply for a business loan, please ensure the following documents are ready:

  • Aadhaar Card
  • PAN Card
  • 2 Years ITR with Balance Sheet
  • Current & Permanent Address Proof
  • 1 Year’s Latest Bank Statement
  • Business Proof (at least 2 years old)
  • Shop Photograph

For further assistance or inquiries, please contact us.

Business Loan

Check Your Business Loan Eligibility
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This form helps us assess your business loan eligibility. Please provide accurate details to get the best financial solution.

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