Business Loan Online
If you want to expand your business or are looking for capital for day-to-day operations, a business loan is the perfect solution for you. With LoanTap’s Business Loan, turn your ideas into reality. A business loan provides a reliable way to support your business’ expansion.
At LoanTap, we understand that every business is unique. LoanTap business loan is the perfect package that can fit your specific requirements. Get a business loan at an affordable interest rate with minimal documentation.
Key Features of Business Loans
Flexible Business Loan
Online Application Process
Collateral Free
Competitive Interest Rates
Steps to Apply for LoanTap Business Loan
LoanTap provides hassle-free business loans with minimal documentation. Here is the process to apply for Business Loan.
1
Online Application
2
e-KYC and Verification
3
Fund Transfer
Reasons to Choose Business Loan from LoanTap
To guarantee smooth operations, growing businesses need financial support. The purpose of LoanTap’s Business loan is to help businesses cover the financial scarcity. Find out why LoanTap stands out as the perfect solution.
Instant Approval And Disbursal
Flexible Repayment Option
Higher Loan Amount
Longer Loan Tenure
Minimum documents
Transparent Process
Basic Eligibility Criteria for Business Loan
- Individuals with a minimum income of ₹30,000
- Indian Citizens/Residents who are 23 years and above
- Individuals must have filed the latest ITR
Basic Documents required for Business Loan
- PAN Card
- Aadhaar Card/Driving License/Passport
- Utility Bills/Registered Rent Agreements
- GST Registration/Shop Act/ITR Saral Copy/Bank Current Account
- Udyam Aadhaar
- Bank Statement of last 6 months
What Our
Customers Say
We continuously strive to provide a
Seamless experience to our customers…
EMI Calculator
You can calculate your monthly loan payment (EMI) in just 3 easy steps! Drag the sliders to adjust your loan amount, interest rate, and loan term. See how these factors impact your EMI and understand your loan affordability clearly.
Calculate your EMI
Breakup of Total payment
Business Loan Details
Particulars
Details
Business Loan Product Suite
No matter what your requirement is, use LoanTap’s Business Loan to fulfil all your Business needs.
Flexible Repayment options
Final installment options for a loan will be decided based on your profile and inputs.
Term Loan
Your Personal Loan, Your Way!
Avail our personal loans through your preferred platform and enjoy unmatched convenience at your fingertips…
Frequently Asked Questions
Ans. A business loan online is a type of financial instrument that helps with the expansion of the company, the acquisition of equipment, or cash flow management, among other uses. It is paid back with interest over time.
Ans. To apply for a business loan online, visit the official page and fill in the application form. Enter all the required details and upload the required documents. After submission, your application will be reviewed. If approved, the loan amount will be disbursed within 24 hours.
Ans. Business creditworthiness, financial stability, repayment ability, and the purpose of the loan are some of the reasons that lenders consider before approving a business loan.
Ans. With a LoanTap Business loan, borrowers can borrow amounts ranging from 50,000 to 10 Lakhs. Borrowers can choose the loan amount as per their requirements.
Ans. Yes, there are various types, including term loans, lines of credit, and equipment financing. Each serves different business needs, so choose the one that aligns with your requirements.
Ans. Approval times vary but can range from a few days to several weeks. Online applications often have quicker processing times compared to traditional methods.
Ans. While it may be challenging, some lenders offer business loans online for individuals with less-than-perfect credit. Interest rates may be higher, and terms may be less favourable.
Ans. The need for collateral depends on the type of loan. Secured loans require assets as collateral, while unsecured loans may not need specific collateral but could have higher interest rates.
Ans. If you foresee difficulty in repayment, communicate with the lender promptly. They may offer options such as restructuring the loan or adjusting the repayment schedule to help you manage the financial burden.