3 days NA
2% + ST
6 - 24 months
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- Business Loans for Online Sellers who are selling on marketplaces or have their own e-commerce stores
- Flexible replayment option : When you do more sales you repay more and when business is low, the repayment is lower
- Current business performance, not historic financials: Loan approvals are based on current and future cash flows and not historic financial statements of the business.
- Latest technology for faster processing: AdvanceSuite and our modern underwriting approach will ensure that the money flows into your account in 3 days flat.
- Simple,easy and quick way for finance.
- Finance based on your current Business status
- No pre-payement or post payment fees.
- Door step services are offered.
Neogrowth Business Loan - What You'll Love
- Minimum 2 years of business experience
- Minimum 1 year of credit card/ debit card swipe machine usage
- Average monthly card sales of over INR 2 lakhs per month
- Minimum card swipes should be 2 lakhs monthly.
- Either office or residence should be owned by the individual.
Neogrowth Business Loan Eligibility
- Business PAN Card
- Address proof (Residential and business) – Passport, Voter’s id, Rent agreement, Adhaar card
- Age and identity proof.
- Application form signed by the applicant.
- Income Proof and bank statements
- Business VAT certificates.
Documents Required for Neogrowth Business Loan
- Processing Fees : 2% of loan amount
Neogrowth Business Loan - Fees and charges
- No offers available