Fullerton India understands that each business has unique financial needs. We take great pride and effort in ensuring that business owners and entrepreneurs meet their business goals by offering them the best possible financial solutions. We work hard in ensuring customer convenience so that you can focus on growing your business while leaving the financial aspects to us. To this end, we have designed an end to end digital process so that you can apply for a business loan from the convenience of your home, anytime and anywhere.
Based on the information you provide on your online small business loan application, we provide you with solutions that best fit your needs.
Whether you are planning expand your business or starting up a new enterprises, Fullerton India has a wide array of unsecured solutions of up to `50 lakhs* to support you. Our flexible solutions help you take care are not just your capital requirements but also short-term and working capital needs towards everything from buying or replenishing inventory, to purchasing equipment, to office expansion, to business marketing, and even paying for additional staff. With over a decade of experience serving small business owners, we at Fullerton India strive to provide the best business loans in Indiaas per the requirement of every unique customer across various sectors including retail, e-commerce, and travel.
Interest rates
Borrowing for your business is always a positive step that can help you move faster. Our customised business loan interest rates and fees are tailored to suit every customer as per his or her individual profile and requirement. Thus, no matter what your need is – working capital, purchase of new machinery, business expansion or debt consolidation, our affordable solutions will ensure that you can meet your business loan requirements in the easiest and most convenient manner.
Fullerton India offers affordable Business Loans solutions. Upon receiving your application, you will firstly be evaluated for eligibility as per our policy at the time of loan application based on the information you provide us. If deemed eligible, our representative will get in touch with you to understand your requirements in detail and set up an appointment for document collection. Depending on what you require, your credit score, business turnover and other financials, we will arrive at the best possible business loan interest rates that can be offered to you.
Read on to know more about our business loan interest rates and other charges.
To know more, please feel free to get in touch with us through our customer care centre, or visiting us at your nearest Fullerton India branch.
Documents Required for Business Loan
To receive an approval for your business loan, you will need to submit the following documents:
| Identity Proof | For a company, firm or individual - a valid identity proof and PAN Card |
| Address Proof | Voter ID Card, Ration card, Passport, or Driving License |
| Bank Statements | Latest Bank Statements for last 6 month |
| Income Documents | This should include the latest ITR along with the computation of income, balance sheet, profit and loss account for the past two years. This has to be submitted after the requisite CA certification |
| Proof of Continuation | ITR/Trade license/Establishment/Sales Tax Certificate |
| Other Documents | Sole Proprietorship Declaration or Certified Copy of the Partnership Deed, certified true copy of the Memorandum & Articles of Association (certified by the company Director) and the Board resolution |
The above is just a basic list. The actual list of business loan documents will depend on your profile, requirement and Fullerton India’s policy at the time of application.
To know more, get in touch with us today via our toll free number 1800 103 6001 (between 9:00 AM - 7:00 PM on all days except Sundays and public holidays) or email us at namaste@fullertonindia.com
Customised solutions for your business to take on new heights!
We know that your business is built with a lot of hard work, sincerity and responsibility. We respect these qualities and offer all responsible businesses with some of the best growth solutions in the market. To achieve this, Fullerton India blends design, technology and personalized services to create meaningful relationships with you and your business. Our eligibility criteria include factors related to both, you and your enterprise.To calculate your business loan eligibility, use business loan eligibility calculator.
Eligibility criteria for a small business loan from Sai Home Solution (Individuals & enterprises):
- Self-employed individuals, proprietors, private limited companies, and partnership firms working in manufacturing, trading, or services.
- Individuals who have been engaged in the current business for at least three years with a total of five years of business experience.
- Individuals should be at least 22 years of age while applying for the loan, and less than 65 years of age at the time of maturity.
- Enterprises with a minimum turnover of `10 Lakhs.
- Enterprises making profits for the past two years.
- Enterprises with a Minimal Annual Income (ITR) of `2 Lakhs per year.
If your requirement is for more than `50 lakhs, we offer business loans that are secured with property. The eligibility criteria, interest rates and documentation in such cases will be different. For more details, please check out the Fullerton India Loan Against Property for SMEs section.
Please note that the above list is not exhaustive. There might be additional documents required for the business loan at the time of verification, depending on your application and the company’s policies. Speak with a customer care representative to learn more!
What are the customer profiles considered for business loan eligibility?
- Self-employed professionals (SEP): Chartered accountants, architects, company secretaries, and allopathic doctors who are currently engaged in their profession.
- Self-employed Non-Professionals (SENP): Under this profile, we consider retailers, proprietors, service providers, traders and manufacturers.
- Entities: Any private limited company, limited liability partnership, partnership, or closely held limited company is eligible to apply for a business loan. For entities whose requirements are more than `50 lakhs, please visit Loan Against Property for SME.