CUSTOMISED INTEREST RATES FOR LENDINGKART SME LOAN
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
About Lendingkart
Lendingkart Group aims to make working capital finance available at the fingertips of entrepreneurs, so that they can focus on business instead of worrying about the gaps in their cash-flows. Lendingkart Technologies Private Limited is a fin-tech startup in the working capital space. The Company has developed technology tools based on big data analysis which facilitates lenders to evaluate borrower’s credit worthiness and provides other related services. Lendingkart Finance Limited (formerly Aadri Infin Limited), is a non-deposit taking NBFC, providing SME lending in India. The Company aims to transform small business lending by making it convenient for SMEs to access credit easily. The Company uses technology and analytics tools, analyzing thousands of data points from various data sources to assess the creditworthiness of small businesses rapidly and accurately.
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
LENDINGKART SME LOAN
Small and medium enterprises in India are growing at an exponential rate. The Indian Government has launched several schemes to their benefit. Furthermore, the introduction of GST and online portals has increased the ease of doing business in India. You can now quickly gain approvals for new projects or much needed expansions. While quick loans are important, availability of customised interest rates are also quite pivotal in the mix. However, to get things started you will need ready capital for investment, and at Lendingkart Finance, we do just that for you. With Lendingkart’s unsecured business loans, you can get small-ticket short term investment on-the-go. We have made the process completely online so that you can monitor the progress of your application in real-time.
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
The Benefits of Taking a Business Loan from Lendingkart
There are several benefits offered by Lendingkart in comparison to banks providing similar loans.
1. Customised Interest Rates by Lendingkart
We have a proprietary method of calculating interest rates which evaluates your loan application using advanced analytics. By enabling technical inputs and outputs we have made the process of calculating interest rates faster and more accurate. The customised interest rates are calculated by factoring in several things listed below and are different for every partner SME.
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
Factors for Calculating Business Loan 1. Loan Amount: The amount that you apply for, pending approval, counts towards deciding the interest rate. Generally, the higher the amount of loan, higher the possibility of a lesser interest rate from Lendingkart. 2. CIBIL Ranking: If your CIBIL score and history are good, the interest rate we charge will be lower and vice versa. 3. Monthly Balance Sheet: If you are earning good margins, we will take that in consideration while deciding interest rates on your loan. 4. Age of Business: For long running enterprises, we offer special discounted SME loan
2. Business Friendly Loan Approval and Pre-closure Charges
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
We do not believe in charging extraneous charges and fees from our customers. That’s why we have one of the friendliest pre-closure policies – there are no pre-closure charges. After the paying the first EMI, you can prepay the full loan amount anytime. Also, we only charge 2% of the loan amount plus service tax as processing fee. It’s a onetime fee which you don’t have to pay if you choose to reapply for the same loan amount upon closing.
3. Minimum Documentation and Turnaround Time
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
When applying for a business loan with Lendingkart, you have to submit only a handful of documents. And we process every loan application within 3 days of document verification.
Documents required by us are: 1. Address proof (Aadhar Card, Voter ID, Bank Statement, Proof of registration, etc.) 2. Identity Proof (Passport, Aadhar Card, Driving Licence, PAN, etc.) 3. Proof of Business (PAN, GST Registration, Trade License, Registration Certificate issued by RBI or SEBI) 4. Copy of Income Tax PAN for last 24 months 5. Bank Statement of last 12 months
Easily Calculate Your EMIs
We also offer a business loan EMI calculator which you can use to get an idea of EMI amounts you will be paying. The EMI is calculated based on the Lendingkart interest rate offered to you, the loan amount and tenure. To know more about applying for a business loan with Lendingkart, head over to our website and sign-up for a free account.
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com
Web: https://www.lendingkart.com/ | Phone: 07949067349 |
Email: info@lendingkart.com