About
Business Loan
Are you a manufacturer, retailer, trader or professional running your own business? Then you are Acquainted with the challenges of managing day-to-day operations on one hand and scaling with the other. Mobility is essential for freelancers these days. Moreover, it will not meet the growing needs of your business. This is where we come in.
KVELL HALO SERVICES now offers EMI-based unsecured business loans to all the 3 years old companies with minimal documentation required. When you decide to use this amount for the full term or close it early, we help reduce your immediate cash needs while providing your business with sufficient capital to thrive. You can apply for business loan online and then easily repay it in installments.
Business loans are a great way to raise funds for a variety of business needs. Many banks offer secured and unsecured loans.
Money is credited to your account, with repayment options with fixed / flexi percentage of interest and a fixed repayment period. This amount can be utilized to expand an existing business or start a business from scratch. Depending on the needs of the business, the loan amount is approved by each bank / NBFC’s.
STEPS TO APPLY BUSINESS LOAN
Below is an illustration of what you can expect during the loan evaluation process. This illustration helps you understand the process of credit decision making in banks. It also shows the steps taken before they accept or deny a loan/ credit card.
Documents Required For Business Loan
Self Employed
- Photo
- PAN Card
- Aadhar Card
- Ownership Proof
- Min. 3 Years old business continuity proof
- GST Registration
- Residence Address Proof
- Office Address Proof
- Last 2 Yeras ITR & Computation with CA Attested Financial
- Latest 12 Months GST Return
- Last 12 Months Bank Statements of all Currents Account
- All Loan Schedule of Limit Sanctioned Letter
Proprietorship
- Photo
- PAN Card
- Aadhar Card
- Ownership Proof
- Min. 3 Years old business continuity proof
- GST Registration
- Residence Address Proof
- Office Address Proof
- Last 2 Yeras ITR & Computation with CA Attested Financial
- Latest 12 Months GST Return
- Last 12 Months Bank Statements of all Currents Account
- All Loan Schedule of Limit Sanctioned Letter
Partnership Firm
- Firm PAN Card
- Partnership Deed
- Photo of all partners
- PAN Card of all partners
- Aadhar Card of all partners
- Ownership Proof
- Residence Address Proof
- Office Address Proof
- GST Registration
- Min. 3 Years old business continuity proof
- Firm Last 2 Yeras ITR & Computation with CA Attested Financial
- Latest 12 Months GST Return
- Last 12 Months Bank Statment of all Current Accounts
- All Loan Schedule of Limit Sanctioned Letter
Private Limited
- Firm PAN Card
- MOA & COI
- CA Attested list of Director & List of Shareholder
- Photo to all Directors
- PAN Card of all Directors
- Aadhar Card of Directors
- Ownership Proof
- Min. 3 Years old Business Continuity Proof
- GST Registration
- Residence Address Proof
- Office Address Proof
- Firm Last 2 Yeras ITR & Computation with CA Attested Financial
- Latest 12 Months GST Return
- Last 12 Months Bank Statements of all Currents Account
- All Loan Schedule of Limit Sanctioned Letter