Business Loan

Starting a new business can be a tedious task. Beginning from the concept till the capital investment is all what you invest your efforts in. Everything can be planned on paper till the time find out our investment source. Here, business loans help you give a kickstart to your business.

Need for Business Loan

Not only a new venture requires capital investment but a running busines also needs capital as a fuel to run it more and plan new ideas to implement it. One can need business loans for many reasons. Business loans gives an edge to your business and helps you with a financial aid. If your dream is to plan a new venture then also business loan is a great opportunity.

Types of Loan

Specifically, there are two types of loan that banks provide for small business:

Secured Loan: It is a loan which is provided by bank on the basis of some asset or collateral. In this type of loan, one needs to submit an asset as a guarantor or collateral to the one who lends.

Unsecured Loan: It is a loan where the lender is at risk if a borrower fails to pay the amount. In this type of loan, you do not secure any asset or collateral with bank. In some ways, there are no risks associated with this loan.

Procedure for Business Loan

Business loans are no more a hassle now. Many banks in India provide business loans. We at EasyCred helps you to get the quick business loans to small business loans at lucrative interest rates. You can get all the information from us as we act as a connector between you and different banks. Basically, going to each bank is really difficult so we have created a platform where you need not worry about the documentation as we are there to cater you with the services. As we say, it is really important to do research before you get into something. Research is what we do for you.

You can compare different interest rates with banks before you make up your mind to take the same. Our tie ups with the reputed banks connects you to the top market players.