Shriram City Union Finance Limited - Small Business Loans
Shriram City Union Finance Limited is a leading financial institution in India that provides small business loans to entrepreneurs and SMEs. With a wide range of loan products and flexible repayment options, Shriram City Union Finance Limited is a trusted partner for small businesses looking to grow and expand.
Features of Small Business Loans from Shriram City Union Finance Limited:
- Competitive interest rates
- Quick approval process
- Flexible repayment options
- No collateral required for certain loan products
- Dedicated relationship managers for personalized service
Types of Small Business Loans offered by Shriram City Union Finance Limited:
- Business Term Loans
- Working Capital Loans
- Machinery and Equipment Loans
- Trade Finance
- Invoice Discounting
Eligibility Criteria for Small Business Loans:
- Minimum business vintage of 2 years
- Minimum turnover as per the loan product requirements
- Good credit history and repayment track record
- Valid business documents and financial statements
How to Apply for a Small Business Loan from Shriram City Union Finance Limited:
Interested entrepreneurs and SMEs can visit the nearest branch of Shriram City Union Finance Limited or apply online through their official website. The application process is simple and requires the submission of basic business and financial details.
Contact Information:
For more information about small business loans from Shriram City Union Finance Limited, you can contact their customer service team at 1800-102-7753 or email them at customercare@shriramcity.com.
Frequently Asked Questions about Shriram City Union Finance Limited Small Business Loans
1. What is the maximum loan amount available for small businesses?
The maximum loan amount available for small businesses is Rs. 50 lakhs.
2. What is the minimum credit score required to apply for a small business loan?
The minimum credit score required to apply for a small business loan is 650.
3. What is the interest rate for small business loans?
The interest rate for small business loans varies based on the customer's profile and credit history. Please contact us for more information.
4. What is the repayment tenure for small business loans?
The repayment tenure for small business loans can range from 12 months to 48 months, depending on the loan amount and customer's repayment capacity.
5. What documents are required to apply for a small business loan?
Documents required to apply for a small business loan include proof of identity, proof of address, business registration documents, financial statements, and income tax returns.
