+12

Years of experience

Flexible repayment terms

We offer flexible payment terms for your loan.

At, Loan Mudra we're more than just a financial institution; we're your trusted partner on the journey to realizing your business dreams. We understand that every entrepreneur needs the right financial support to thrive and prosper. That's why we're here to provide you with business loans that are tailored to your specific needs.

+1k Customers

Eligibility Criteria

Documentation Requirements

Creditworthiness

Your credit score plays a significant role in determining your eligibility. A high credit score indicates responsible financial behavior and can help you secure a loan with better terms. On the other hand, a low credit score can make it challenging to get approval or result in higher interest rates.

Income and Employment

Lenders typically assess your income stability and ability to repay the loan. They may require a minimum monthly income and often prefer borrowers with a steady job or business income. Self-employed individuals may need to provide additional financial documents, such as income tax returns and balance sheets.

Property Valuation

The property you intend to purchase or use as collateral should meet the lender's valuation criteria. Lenders typically send their representatives to assess the property's value. If the valuation falls short of the loan amount, you may need to bridge the gap with your funds.

Eligibility Criteria

Documentation Requirements

To apply for a home loan, you’ll need to provide several documents to support your application:

Proof of Identity and Address

Income and Documents

Property Documents

Types of Business Loans

A business loan loan is borrowed money that businesses use to cover costs they can't afford on their own in the short term.

Term Loans

Term loans are a common type of business loan with a fixed term and regular monthly payments.

SBA Loans

Small Business Administration (SBA) loans are government-backed loans designed to support small businesses.

Business Lines of Credit

They work like a revolving credit account, allowing you to borrow funds up to a predetermined credit limit.

Equipment Financing

Equipment financing loans are used specifically to purchase business equipment or machinery.

Commercial Real Estate Loans

These loans are used to purchase or refinance commercial real estate, such as office buildings, or retail spaces.

Invoice Financing

Invoice financing allows businesses to sell unpaid invoices to a lender at a discount.

Merchant Cash Advances

Merchant cash advances provide a lump sum of capital in exchange for a percentage of daily credit card sales.

Startup Loans

They may require a personal guarantee or collateral, as startups often lack a business credit history.

Working Capital Loans

Working capital loans are used to cover day-to-day operating expenses, such as payroll, inventory, and bills.

Business loans

Factors Affecting Interest Rates

One of the most significant factors influencing interest rates is the creditworthiness of the borrower. A higher credit score typically leads to lower interest rates, as it reflects a lower perceived risk of default.

Wider economic conditions, such as the overall interest rate environment and inflation, can influence business loan rates. In a high-interest-rate environment, business loan rates tend to be higher.

Different lenders have varying underwriting criteria and risk tolerance. The policies of the lending institution play a role in determining the interest rate offered to a borrower.

The loan amount and the length of the loan term can impact interest rates. Larger loans and longer terms often carry higher interest rates as they entail greater risk for the lender.

Loan Repayment

EMI Calculation

Equated Monthly Installment (EMI) is the amount you repay each month. It includes both the principal amount and interest. You can calculate your EMI using online EMI calculators, taking into account the loan amount, interest rate, and tenure.

Top-notch security measures.
Protecting personal and financial info.

Government Initiatives and Policies

Pradhan Mantri Awas Yojana (PMAY)

Many government agencies and local authorities offer grants and subsidies for specific types of businesses, such as those involved in research and development, energy efficiency, or minority-owned enterprises. These do not require repayment and can provide a significant financial boost to your business.

Government Initiatives and Subsidies

Tax Benefits on Business Loans

Business loans not only provide financial help but can also be a valuable tool for tax savings. Remember to talk to a tax professional to ensure you're making the most of these benefits while staying compliant with tax laws. By using business loans wisely, you can save money and support your business's financial health.

Get Your Business Loan. Apply Now!

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Find the best loan for you!

We offer flexible payment terms for your loan.