Business finance
Business Loan
Collateral-free growth capital for MSMEs that banks are eager to lend to, if the file is right.
Unsecured business loans from ₹2 lakh to ₹1 crore for proprietors, partnerships and companies, at rates from about 14% p.a., with tenures up to 5 years and minimal collateral requirements.
- Rate from
- 14.00% p.a.
- Amount
- ₹2 L to ₹1 Cr
- Tenure
- 1 to 5 years
- Processing fee
- 1% to 3% of the loan amount plus GST.
Check business loan eligibility
Free pre-screen across our lender panel. No bureau enquiry.
About business loans
Business loans are where a good file matters most. Lenders underwrite on turnover, banking behaviour, GST filings and profitability, and two applications with the same numbers can get opposite decisions depending on how the story is presented and to whom.
Our desk has ex-SME bankers who know what each lender's credit team looks for: the minimum vintage, the turnover threshold, the industries they avoid, the debt-to-turnover ratio they tolerate. We match your business to lenders that want your sector, structure the request sensibly, and package the financials so the assessor says yes.
If your need is working capital rather than a term loan, or you own property that could bring the rate down by half, we will say so and route you to the cheaper product.
Rate note: Established businesses with strong banking and GST turnover see 14% to 17% p.a. from banks; NBFC pricing for younger firms runs higher.
Why borrowers choose it
What a business loan through LoansPartner gets you
No collateral up to ₹1 crore
Sanctioned on cash flows and credit history rather than property.
Lender-fit matching
Each lender has sectors and structures it prefers. We send your file where it is wanted.
Fast disbursal
Complete files with clean banking see sanction within a week.
Flexible use of funds
Inventory, expansion, equipment, marketing, or a cash cushion. No end-use restriction.
Build a credit track record
A well-serviced term loan opens the door to larger working capital lines later.
Route to cheaper capital
If a secured or government-backed product would cost less, we tell you and help you get it.
Common uses
- Working capital and inventory
- Expansion to a new location
- Equipment and technology upgrades
- Marketing and hiring
- Bridging receivable gaps
- Refinancing costlier borrowings
Eligibility
Who qualifies
Norms vary by lender. These are the ranges across our panel; we tell you precisely where your profile fits before you apply.
- Age
- 25 to 65 years for the primary applicant
- Income
- Annual turnover of ₹40 lakh or more (₹20 lakh with some NBFCs) and a profitable last financial year
- Credit score
- 700 and above; the commercial bureau (CIBIL Rank or equivalent) is checked for companies
- Employment
- Proprietorships, partnerships, LLPs and private limited companies. Business vintage of 3 years (2 years for select lenders)
- Also
- Regular GST filing and healthy average bank balance
- Also
- No recent cheque bounces or overdues
Documents
What to keep ready
A complete file is the single biggest driver of a fast sanction. We collect everything digitally in one go.
- PAN and Aadhaar of promoters; PAN of the entity
- Business proof: GST certificate, Udyam registration, trade licence, partnership deed or certificate of incorporation
- Last 2 to 3 years' ITR with computation, audited or CA-certified financials
- Last 12 months' bank statements of all current accounts
- GST returns (GSTR-3B) for the last 12 months
- Office and residence address proof
How it works
Five steps, one point of contact
- 01
Share your business type, vintage, turnover and the amount you need.
- 02
We review your banking and GST profile and shortlist lenders whose credit policy fits your sector and size.
- 03
Documents are collected in one go. We present the financials the way credit teams read them.
- 04
The lender verifies, may do a short business visit, and issues a sanction with a Key Fact Statement.
- 05
Funds are disbursed to your current account. We remain your point of contact for renewals and top-ups.
Indicative EMIs
What the instalment looks like
Computed at the lowest rate in this product's range. Run your own numbers in the EMI calculator.
| Loan amount | 1 yr | 2 yr | 3 yr | 5 yr |
|---|---|---|---|---|
| ₹2,00,000 | ₹17,957 | ₹9,603 | ₹6,836 | ₹4,654 |
| ₹4,00,000 | ₹35,915 | ₹19,205 | ₹13,671 | ₹9,307 |
| ₹10,00,000 | ₹89,787 | ₹48,013 | ₹34,178 | ₹23,268 |
| ₹20,00,000 | ₹1,79,574 | ₹96,026 | ₹68,355 | ₹46,537 |
| ₹40,00,000 | ₹3,59,148 | ₹1,92,052 | ₹1,36,711 | ₹93,073 |
Lenders
Where we place business loan files
A selection from our panel. The best lender for you depends on your profile, city and the property or asset involved.
HDFC Bank
Private bankSalaried professionals seeking competitive personal, home and car loan pricing.
ICICI Bank
Private bankHome buyers in approved projects and businesses needing working capital lines.
Axis Bank
Private bankCorporate salaried borrowers and SMEs with strong banking.
Kotak Mahindra Bank
Private bankSalaried home buyers and self-employed borrowers with property.
State Bank of India
Public sector bankGovernment employees, home buyers seeking the lowest published rates, and education loan applicants.
Bank of Baroda
Public sector bankSalaried home and car buyers and MSMEs seeking bank pricing.
By city
Business Loans in your city
Local property rules, employer categories and lender appetite change what gets approved. Read the city-specific notes.
- Business Loan in Mumbai
- Business Loan in Delhi
- Business Loan in Bengaluru
- Business Loan in Hyderabad
- Business Loan in Chennai
- Business Loan in Kolkata
- Business Loan in Pune
- Business Loan in Ahmedabad
- Business Loan in Gurugram
- Business Loan in Noida
- Business Loan in Jaipur
- Business Loan in Lucknow
- Business Loan in Chandigarh
- Business Loan in Indore
- Business Loan in Surat
- Business Loan in Kochi
FAQs
Business Loan questions, answered
Can a new business get a loan?
Unsecured business loans generally need 2 to 3 years of operating history. Newer businesses can look at government schemes (Mudra, CGTMSE-backed loans through banks), loans against property, or a personal loan to the promoter. We will tell you which route is realistic.
What turnover is needed for a business loan?
Most banks want ₹40 lakh or more in annual turnover for unsecured loans; several NBFCs go down to ₹15 to ₹20 lakh with stronger banking. Loan amounts are usually capped at a multiple of monthly turnover or a fraction of annual profit.
Do I need GST registration?
Not always, but it helps a lot. Lenders use GST returns to verify turnover. Businesses below the GST threshold can still qualify with ITRs and bank statements, typically at lower amounts.
Is a business loan cheaper than a loan against property?
No. Unsecured business loans price at 14% to 24% p.a.; a loan against property runs 8.75% to 12.5% p.a. because it is secured. If you own property and can wait two to three weeks, a loan against property is usually the better choice. The unsecured loan wins on speed and simplicity.
What are the fees on a business loan?
Processing fees of 1% to 3% plus GST are standard. Watch for insurance bundling, documentation charges and prepayment charges of 2% to 5% during the first year. All of these are disclosed in the lender's Key Fact Statement, which we walk you through.
Related products
Sometimes a different product is cheaper. We will say so.
Working Capital Loan
Working capital facilities from ₹10 lakh to ₹5 crore, including overdraft, cash credit, dropline overdraft and invoice discounting, at rates from about 11% p.a., secured or unsecured.
- Rate from
- 11.00% p.a.
- Up to
- ₹5 Cr
Loan Against Property
Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.
- Rate from
- 8.75% p.a.
- Up to
- ₹15 Cr
Machinery and Equipment Loan
Loans for new and used industrial machinery, medical and construction equipment, from ₹5 lakh to ₹5 crore, at rates from about 10.5% p.a., funding up to 90% of invoice value with tenures up to 7 years.
- Rate from
- 10.50% p.a.
- Up to
- ₹5 Cr
Guides
Read before you apply
RBI Rules Every Loan DSA Must Follow in 2026
The Digital Lending Directions 2025, the 2026 draft directions on marketing and sales, the DPDP Act, and what they mean in practice for agents who source loans.
Loan DSA Commission: How Much Agents Really Earn
How DSA payouts are calculated, why percentages differ by product, what a realistic monthly income looks like, and the clawbacks and deductions to watch for.
How to Become a Loan DSA in India (2026 Guide)
A practical guide to becoming a Direct Selling Agent for loans: who qualifies, how registration works, what you earn per product, and the RBI rules you must follow.
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