Many a times the books of accounts show profits which are much less than industry averages. When you approach a banker for unsecured business loans, they do the loan eligibility calculations based upon the profits that the business is showing in the books. This leads to a lower amount of loan being sanctioned that what you require.

We can arrange for EMI based unsecured term loans from banks which do not calculate the amount of loans to be sanctioned based upon the profits that you show in your books of accounts. These Loans will be based on the business volumes you do, so the amount of loans will be much higher and the tenure of the loans can also be higher. Further businesses having exiting bank limits can also avail of this facility without requiring any NOC from their existing bankers.

Any business having turnover of more than 300 lacs and having profits for last 3 years can avail of this facility.