Edelweiss Business Loan
Edelweiss Business Loan offers immediate funding to help you with your business requirements. With the help of Edelweiss Business Loan, you can meet your capital requirements, purchase the inventory & updated equipment, business expansion, set up a new business venture and other business requirements. You can avail Edelweiss loan for business without keeping any collateral. To financially support the small and medium enterprises, Edelweiss SME Loan offers up to Rs. 25 crore. As the SME enterprise plays a vital role in the economy, so Edelweiss SME Business Loan helps to boost the growth of SME. Based on Edelweiss Business Loan eligibility, Edelweiss Business Loan interest rate is offered at an attractive rate. You need to have at least a CIBIL score of 750 or above and decent repaying ability to enjoy Edelweiss Business Loan interest rate at an affordable range. Edelweiss Unsecured Business Loan offers quick loan approval & speedy disbursal with a repayment tenure up to 4 years. Also, you have to go through simple paperwork while going for Edelweiss Business Loan apply online.
Why would you choose Edelweiss Business Loan?
Edelweiss Business Loan offers financial support to cope up with the different business cycles. You can use Edelweiss Business Loan to meet almost all kinds of business requirements. You can avail Edelweiss Business Loan amount starting from Rs. 3.5 lakhs to Rs. 50 lakhs without any kind of collateral. After you opt for Edelweiss Business Loan apply online, you can check Edelweiss Business Loan application status by login option. Edelweiss SME Business Loan offers immediate funding to the small and medium enterprises to help them with their business expansion. Edelweiss Business Loan interest rate offered is based on your credit history, business turnover, repaying ability and not but not the least credit score. Also, you enjoy easy EMI facility to repay Edelweiss Business Loan within 4 years. Here are some important reasons as to why should you choose Edelweiss Business Loan-
- You can easily check Edelweiss Business Loan status after you proceed to Edelweiss Business Loan login step.
- Edelweiss Business Loan eligibility criteria are very easy to fulfill when you apply for the loan.
- With the help of Edelweiss SME Finance, you can fund the SMEs with essential cash requirements to boost its growth.
- You can avail loan starting from Rs. 3.5 lakhs to Rs. 50 lakhs with speedy disbursal of the loan.
- You need to submit very minimum documents when going for Edelweiss Business Loan apply online.
- Edelweiss Business Loan interest rate is offered at an attractive rate based on your eligibility criteria.
- You can easily repay Edelweiss loan for Business with easy EMI option within a tenure up to 4 years.
- With Edelweiss Business Loan, you get to enjoy fast loan disbursal and hassle-free loan experience.
Types of Edelweiss SME Business Loan
Edelweiss SME Business Loan offers a tailor-made product to the small and medium-sized enterprises to suit different financial needs. Following are the variants of Edelweiss SME Business Loan-
SME Loan
With the help of Edelweiss SME finance, you can boost the small and medium enterprises by expanding the business, increasing the working capital, top-up on the existing loan and lot more. Edelweiss loan for SME offers up to Rs. 25 crore without any kind of collateral or security.
Equipment Loan
One of the variants of Edelweiss SME Business Loan is the Equipment loan to offer machinery support. Using the Equipment Loan, you can invest in machinery upgrade, replace, improve or purchase new equipment without any secondary collateral. Only the machinery will be hypothecated. You can avail this loan starting from Rs. 5 lakhs to Rs. 2.5 crores within a tenure up to 5 years.
SME Secured Loan
You can obtain Edelweiss SME Loan against machinery or property of all kinds- Commercial, Residential and Industrial or can go for a combination of both machinery and property. With SME Secured Loan, you can go for both top-up loan & balance transfer with high LTV up to 125% of the property’s market value. You can avail this loan up to Rs. 25 crore with a repayment tenure up to 10 years.
Edelweiss Business Loan Eligibility Criteria
You need to have a minimum CIBIL score of 750 or more with a good business turnover to satisfy Edelweiss Business Loan eligibility.
Age | 21-65 years |
Loan Amount | Rs. 3.5 lakhs to Rs. 50 lakhs |
Minimum Turnover | Rs. 25 lakhs and more |
CIBIL score | 750 or more |
Business Eligibility | Self-employed Non-Professionals- Sole proprietors, Partnership firms, Public & Private ltd. companies, etc. Self-employed Professionals- CA, CS,Doctor, Architect, etc. |
Loan Tenure | 3 years of business track record |
Business Profit | Last 2 years |
Business Continuity | 3 years |
Edelweiss Business Loan Document Requirements
Here are the important documents that you need to submit for Edelweiss Business Loan-
- Loan Application form
- Proof of Identification- Passport, AADHAAR card, PAN card
- PAN card for Company/Firm
- Proof of Business continuation- ITR/Establishment/Sales Tax Certificate/Trade License
- Essential documents- Partnership Deed/Memorandum and Articles of Association
- Last 6 months for updated Bank a/c Statement
- Residential proof- Voter ID card, Driving License, AADHAAR card, Passport.
- Audited Balance Sheet and P&L statement of the last 2 years.
- Passport Photographs
Edelweiss Business Loan Interest Rate & Charges
Interest Rate | 18%* onwards |
Prepayment Charges | 0.04% |
Processing Fees | Up to 2% |
*interest rate value varies from time to time
Other Bank’s and NBFC’s
- ICICI Bank Business Loan
- HDFC Bank Business Loan
- Kotak Mahindra Bank Business Loan
- Yes Bank Business Loan
- Axis Bank Business Loan
- IndusInd Bank Business Loan
- IDFC First Bank Business Loan
- Tata Capital Business Loan
- Indiabulls Business Loan
- Fullerton India Business Loan
- Edelweiss Business Loan
- Capital First Business Loan
- Bajaj Finserv Business Loan