Now that you have your business expansion plans in place and an ambition to become the next big thing in the business world, there is only one thing standing between you and your goals – the lack of capital. For businesses all across the world, whether large, medium, or small, a stable flow of capital is necessary to function. Since the last few years, the number of small businesses has witnessed a major surge, in sync with the ever-evolving consumer needs. Yet, one of the major challenges these businesses are facing is the lack of funds. Ultimately, this financial hurdle leads to several businesses shutting shop, or failing to live up to their full potential.
Clix Capital is proud to be in a position to bridge this gap. Whatever your requirement may be, topping up your inventory or expanding your business, our loans offer something for all businesses. These business loans are a vital financial aid available for business owners. We endeavor to be your partner in your entrepreneurial journey and provide you with SME financing to fund your business plan. Here’s all you need to know.
These Loans Can Ensure New Heights For Your Business
Often the only thing standing between your business and your ambitions is the lack of funds. With the help of business expansion loans, you can achieve your business goals. With simple eligibility criteria, these loans can be availed by organisations off all sizes. Below is the basic criteria that the business/ business owner should meet:
- The applicant must be at least 21 years old while applying for the loan and under 65 at the end of its tenure.
- The business must be a proprietorship/private limited company/closely held non-listed company/ partnership firm involved in the business of manufacturing, trading or services.
- Showing a minimum turnover of Rs. 1 Crore.
- Reporting audited financial statements for the last 24 months, routing the majority of the business through a banking system, or capturing your turnover over the previous 12 months through GST returns.
- A going concern in the current area of work, with a minimum of 3 years of total business vintage.
A Business Loan Can Help You Hire Talented Resources
While it is true that employees are an organisation’s biggest strength, hiring highly qualified resources can be expensive for the company as great investments always are. With the help of these business loans, you can cater to this expense without taking a dent to your business capital. To make these loans all the more convenient, the documentation required to attain these loans is fairly minimal.
The following documents are enough to get your application going:
- Completed Application Form
- Passport-Size Photograph
- Identity (ID) Proof
- Address Proof
- Financial Documents
- Proof of continuity of business of 3 years (ITR/Trade license/establishment/sales tax certificate)
- Proof Of Ownership
Open Up New Branches with Business Loans
Many small or medium businesses will find that opening up new branches is essential for growth (or, sustenance of business). This is a major development and can often require a stable in-flow of money. With the help of our instant business loans, enterprises can open up new branches and cater to a wider range of customers. Clix Capital understands this need and offers loans ranging from Rs. 5–50 lakhs to meet every business need.
So, what are you waiting for? Turn your vision for your business into a reality and apply for a business loan online. To know the EMI value of your business loan, check out the business loan EMI calculator Or to know more about these loans, Just call the toll-free number at 1800-200-98-98 between 9:30 am to 6:30 pm from Monday to Saturday (barring public holidays). Alternatively, you can also reach out to us at firstname.lastname@example.org for any queries about our business loan offering. Don’t worry, there are no consultation charges.