Some of the avenues to acquire a business loan is through banks, government institutions, venture capitalists, or via finance companies like Loanz Financial Services.
How does opting for a business loan act as a solution for quick business financing?
If you want to gain a competitive edge in the market and beat the competition, then you need investment to create and execute a strategy for growth. Your strategy could include launching a new product in the market with an advertising campaign. A business loan could also help you buy new inventory to add to your existing supply. Depending on your business requirements, you can opt for small or large loans. Some business loan providers are banks, venture capitalists, angel investors & financial service companies like Loanz.
Hassle-free Loan Disbursements
These days, loans for business startups, and small and medium enterprises is getting simpler by the day. Business loan providers like Loanz offer quick approvals within 72 hours. Your loan gets disbursed within 3 days. You can avail of a business loan at Loanz if your turnover is more than 1 Cr, and you are more than 28 years of age. The maximum loan amount that you can avail of is 50 lakhs, for a period up to 4 years.
Banks, non-banking institutions, and other financial institutions offer loans at a relatively low interest rate. If you wish to avail a loan for your business startup, then loanz offers business loans at a 14% interest rate. You will also receive the best processing fee, part payment option, and a pre-closure option.
Most often, to apply for any loan you need to provide collateral, against the value of which the loan amount will be disbursed. The best part about a business loan is that in most cases, you don’t have to provide collateral or security. Loanz has partnered with several banks in India, and via Loanz, the owner of a business startup can get loans without collateral or security.
If you are looking to grow your business, then head to loanz, which is a one-stop place that meets all your business loan requirements.