How Does a Financial Intuition Aid in the Business Growth in Anantapur - Loan Trivia

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Thursday, 31 January 2019

How Does a Financial Intuition Aid in the Business Growth in Anantapur

Every business in Anantapur demands an unpredictable and unavoidable cash flow. Regardless of the business size. Most of it can be managed with proper planning, but the unpredictable cash flow can take up a significant chunk of the savings. Financial institutions help such customers by offering a customized business loan in Anantapur. Here are some ways how these loans are easy to manage and thus assist in growing the business.

1. Lower EMI
Flexi loans allow customers to withdraw the amount in parts as needed, and the interest has to be paid only on the withdrawn capital. Customers can also repay without any extra prepayment charges on these parts.

2. Easy-to-meet eligibility criteria
The eligibility criteria are as simple as proving a profit of the business having a vintage of minimum three years.

3.  Collateral-free loans 
Business loan offered is collateral-free, thus increasing the convenience of small business owners.

4.  Minimum documentation 
Customers need to produce only two documents which are collected from the doorstep to reduce hassle.

5. Large loan amount 
A loan for business amount of up to Rs.30 Lakh can be sanctioned with tenors ranging from 12 to 60 months.

6. Online account access 
Customers can not only apply for the loan online, but keep track of their outstanding amount, interest rate, and repayment schedule online as well.

Even the small and medium-sized enterprises can avail the benefits of a business loan in Anantapur. Reputable lenders disburse the loan amount within 24 hours and help in sustaining the growth of the business.

Read Also: Grow Your Small Business in Anantapur with Bajaj Finserv

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