Start-ups Loan
Existing Small Businesses
Small Scale Business Loan
A small scale business loan is a type of financing specifically designed to support the needs of small businesses. These loans provide the necessary capital for startups, expansions, working capital, equipment purchases, inventory management, and other business-related expenses.
Start-ups
Entrepreneurs looking to start a new business venture
Existing Small Businesses
Need funds to expand operations, purchase inventory, or upgrade equipment
supporting the needs of small businesses.
Term Loans
Lump sum loans with a fixed repayment schedule and interest rate.
Microloans
Small loans typically offered by nonprofit organizations and geared towards startups and very small businesses.
Working Capital Loans
Short-term loans to cover daily operating expenses
Complete the Application:
Fill out the loan application form with accurate and detailed information about your business and its financial health
Submit the Application
Provide the completed application and required documents to the lender for review.
Receive Funds
Upon agreeing to the terms, the loan amount will be disbursed to your business account
• Loan Terms: Understand the length of the loan and the repayment schedule.
• Collateral: Some loans may require collateral, such as business assets or personal guarantees.
• Credit Score: A good credit score can improve your chances of approval and result in better loan terms.
• Fees and Penalties: Be aware of any origination fees, prepayment penalties, or other charges associated with the loan.
