No cibil is needed. Bad credit is ok.
Interest rate is 5.5% to 8% per annum on reducing basis for secured loan. For unsecured loan our interest rate is 9% to 12% per annum on reducing basis.
1 crore to 500 crore loan is provided. Above 1 crore loan is only provided. we are not providing loan less than 1 crore.
I can arrange loan of more than 500 crore also depending upon situation.
I am arranging Business loan only.
I am helping to provide secured and unsecured loan.
For unsecured loan you will have to have good profit.
There is no moratorium period.
Lending is for 3 to 10 years tenure.
I am also helping with NPA, OTS(one time settlement).
I am also helping with takeover loan or refinance.
I am helping to provide loan against house, flat, plot, land, machinery, residential, commercial property or other asset.
loan to value ratio is 70% to 80%.
You shall have to pay me 2.5 % of loan amount, you shall have to pay me after getting loan.
I am arranging loan all over india.
For getting loan, you will have to go to chennai, since loan providing company is in chenna
Email: loanbest777@gmail.com
agents or brokers do not call me.
Following documents are required for loan:
Personal identification:
Government issued id for all business owners (aadhar and pan card is must )
Business Ownership documents:
Articles of Incorporation or Partnership Agreements.
Business Licenses and Permits.
Business Credit Report.
Owner’s Credit Reports.
Personal and Business Financial Statements:
Tax Returns for last 2-3 years.
Balance sheets, Income statements, and cash flow statements.
GST Registration certificate.
Owner’s financial statement including assets and liabilities.
List of Outstanding Debts.
Updated Business Plan( Purpose of loan and how it will be utilized).
Collateral Documentation:
Property Deeds or Titles.
Valuation Reports.
Proof of Insurance (If applicable on collateral).
Liens and Judgements against collateral(If applicable).