BUSINESS LOAN IN HYDERABAD.
INTRODUCTION.
Hyderabad, the capital of Telangana, is also known as the ‘City of Pearls’. It is home to some of the major industries such as pharmaceuticals, manufacturing, IT, mines and minerals, textiles, and tourism. In fact, in the past few decades, the pharmacy sector has witnessed remarkable growth in Hyderabad. This has opened up multiple avenues for businesses at all levels—which translates to an increased need for business funds. There are many business loan providers in Hyderabad. However, not everyone offers a business loan at the best interest rate. If you too are looking for funds to expand or support your business in Hyderabad, then reach out to Hero FinCorp to get an quick business loan approval.
FEATURES AND BENEFITS OF BUSINESS LOAN IN HYDERABAD.
Hero FinCorp’s small business loans in Hyderabad offer not just quick approval but also a slew of other advantages. Some of the features and benefits of our business loan product are:
High
Loan Amount
Whether you need a small amount to meet working capital requirements or you need large funds to expand your business, Hero FinCorp will assist you in both cases. We provide business loans ranging from Rs 3 lakh to Rs 40 lakh.
Flexible Tenure
Why worry about short repayment terms when you get flexibility in business loan tenure? With us, depending upon your ease and budget, you can choose a flexible small business loan repayment term of up to 60 months.
Unsecured
Loan
Why put your company's assets at risk when you can borrow money without any security? Hero FinCorp provides an unsecured business loan in Hyderabad based on your business profile and not on your business assets.
Multi-purpose
Loan
Hero FinCorp does not require you to explain why you need a business loan in Hyderabad. And, you may use the funds for any business need.
Tax
Benefits
Hero FinCorp's business loans not only help you meet your business requirements but also help you get a tax deduction at the time of ITR filings. The interest paid on a business loan can be claimed as a deduction under certain provisions of the Income Tax Act, 1961.
HOW TO APPLY FOR SMALL BUSINESS LOANS IN HYDERABAD?
With Hero FinCorp, you may apply for a business loan online from the comfort of your own home or in person at our branch office.
OFFLINE METHOD
Visit our branch or outlet in Hyderabad.
Inquire about the documentation requirements and qualifying criteria.
Request for a business loan application form and fill out your basic information as well as the desired amount and repayment tenure of the business loan.
Review our terms and conditions before moving ahead with your application.
Submit your KYC, income proof and business financial documents.
Our officials will verify your information before approving your application.
After approval, the loan amount will be credited to your account within 48 hours.
ONLINE METHOD
Click here to visit our business loan application page.
You may also apply by reaching us on 1800-102-4145 or emailing us at corporate.care@herofincorp.com
Fill out your basic information as well as the desired amount and repayment tenure on the business loan application.
Upload all the relevant documents' softcopies.
If your information matches our requirements, a reference number will be sent to your email id or registered mobile number. Save the reference id for later use.
After this, one of our officials will call you to gather further information and verify the information you provided.
Following successful verification, you will receive an email with a personalised loan offer that includes the company loan amount and interest rate.
You will need to send your acceptance through an email, after which, the funds will be deposited into your bank account within 48 hours of approval.
Calculate Your EMI
Estimate your monthly outflow and adjust your tenure with ease using our EMI Calculator. Plan confidently and borrow smartly.
Are You Eligible?
Let's Find Out.
It is recommended that you must review our eligibility criteria below before initiating the loan application process with us.
- •Occupation: Sole Proprietorship, Private Limited Companies, HUF, Society/ Trusts, Public Limited Companies and Partnership Firms
- •Business Status: SMEs must have been in operation for at least 5 years.
- •Maximum Loan Tenure: Flexible loan term up to 5 years.
- •Maximum Loan Amount: You can apply for an amount ranging from Rs 3 lakh to Rs 40 lakh.
FAQs.
Yes. If you have a good income and a good business credit history, you can easily apply for a Hero FinCorp unsecured business loan.
Small business loans usually have a shorter but flexible repayment tenure. If you are applying with us, you can choose a repayment term from 12 to 60 months.
