Business Loan

Fuel your business growth with loans up to ₹2 crores. Quick approval for working capital, expansion, and machinery purchases.

Apply Now

What is a Business Loan?

A business loan is offered to entrepreneurs, SMEs, and business owners to manage working capital, expansion, inventory, and machinery purchases. Get the funding you need to grow your business.

Quick Approval

Minimal documentation process

No Collateral

In many cases, no security required

Key Features

Loan amount: ₹50,000 to ₹2 Crore
Tenure: 1 to 5 years
No collateral required (in many cases)
Quick approval with minimal documents
MSME loans available

Eligibility Criteria

Business vintage: Minimum 1–2 years
Annual turnover: As required by lender
ITR: Filed for last 2 years
CIBIL score: 700+
Age: 21–65 years

Interest Rates & Fees

Interest Rate:12% – 28%

Processing Fee:1% – 3%

Foreclosure Charges:Varies by lender

Required Documents

Aadhaar + PAN
GST certificate
Business registration
6–12 months bank statements
ITR (last 2 years)

Benefits with SuggestBank

Best lender match

Based on turnover & statements

Higher approval chances

Better success rate with our network

Fast processing

Quick turnaround time

Dedicated expert

Business loan specialist support

Frequently Asked Questions

Mostly not, depending on lender and loan amount. Many business loans are offered without collateral.

Yes, some lenders allow applications after 1-year business vintage with proper documentation.

Ready to Grow Your Business?

Get the best business loan offers tailored to your business needs.

Apply Now Talk to Expert