Fuel your business ambitions with easy and fast business loans from ZestLoans
Whether you’re expanding operations, managing cash flow, or upgrading equipment, we connect you with trusted banks and NBFCs that offer customized business loan solutions at competitive interest rates.
Why Choose ZestLoans.in for Business Loans?
- Multiple Bank Options: Compare loan offers from top banks and NBFCs in one place.
- Quick Approval Process: Simple application with minimal documentation.
- Flexible Loan Amounts: Get funding from ₹1 Lakh to ₹1 Crore, based on your business needs.
- Affordable Interest Rates: Get the best deals tailored to your credit profile.
- No Collateral Options: Avail unsecured business loans for small and medium enterprises (SMEs).
- 100% Transparent Process: No hidden charges — complete clarity at every step.
Eligibility Criteria
To apply for a business loan, you typically need:
- Minimum business vintage of 1 year
- Annual turnover of ₹10 Lakhs or more
- Applicant age between 21 to 65 years
- Valid business proof and bank statements
Documents Required
- KYC documents (PAN, Aadhaar)
- Business registration certificate
- ITR and financial statements (last 2 years)
- Bank account statement (last 6 months)
- Proof of business address
How It Works
- Apply Online: Fill out the simple loan application form on ZestLoans.in.
- Compare Offers: Get personalized loan offers from multiple banks and NBFCs.
- Choose & Proceed: Select the best loan option and submit documents online.
- Get Funded: Receive quick approval and funds directly to your account.
Top Uses of a Business Loan
- Working capital management
- Inventory purchase
- Equipment or machinery upgrade
- Office renovation or expansion
- Marketing and branding
- Clearing existing debts
Grow Your Business with Confidence
At ZestLoans.in, we make business financing simple, fast, and reliable.
Our DSA partnership network ensures you get the right loan from the right lender — with complete support from application to disbursal.
Frequently Asked Questions (FAQs) – Business Loans
1. What is a business loan?
A business loan is a type of financing provided to business owners to meet various financial needs such as expansion, working capital, equipment purchase, or inventory management.
2. Who can apply for a business loan?
Any self-employed individual, small business owner, partnership firm, private limited company, or MSME can apply for a business loan, provided they meet the lender’s eligibility criteria.
3. What are the types of business loans available?
Common types include term loans, working capital loans, machinery loans, invoice financing, overdraft facilities, and MSME loans.
4. What is the minimum and maximum loan amount I can get?
Business loans generally range from ₹50,000 to ₹5 crores, depending on your business profile, turnover, and repayment capacity.
5. What are the eligibility criteria for a business loan?
Eligibility depends on factors like business vintage (usually 1–3 years), annual turnover, credit score, and financial stability.
6. What documents are required to apply for a business loan?
You’ll typically need:
- KYC documents (PAN, Aadhaar)
- Business proof (registration certificate, GST)
- Bank statements (last 6–12 months)
- ITR or financial statements
7. Do I need collateral to get a business loan?
Both secured and unsecured business loans are available. Many lenders offer unsecured loans that don’t require any collateral.
8. How long does it take to get a business loan approved?
Online loan approvals can happen within 24–72 hours, depending on document verification and lender processes.
9. What is the interest rate for business loans?
Interest rates generally start from 10% p.a. and vary based on the loan amount, credit profile, and lender policies.
10. Can I prepay or foreclose my business loan?
Yes, most lenders allow prepayment or foreclosure, but some may charge a small fee.
11. Will my credit score affect my loan approval?
Yes, a higher credit score (700 or above) improves your chances of getting approved at better interest rates.
12. What happens if I miss an EMI payment?
Missing EMIs can result in penalties and negatively impact your credit score, making future loan approvals harder.
13. Can a startup get a business loan?
Yes, startups can apply, though lenders may ask for business plans, projected revenue, or collateral if there’s limited financial history.
