Business Loan

SME/MSME loans are a business financial assistance offered to micro, small, and medium-sized enterprises. These loans are used for different types of business-related needs like establishing, expanding or funding an enterprise. SME/MSME loans are unsecured and therefore, the eligibility criteria are very demanding in nature. SME/MSME loans are mostly offered to startup owners, small businesses and women entrepreneurs. The loan duration varies from case to case depending on the tenure agreed by both the customer and the lender. As the loans are collateral free, the minimum eligibility requirements are strictly met to reduce the risk for the lender.