Business Loan Assistance for Growing Businesses

Business loans are generally considered by proprietors, partnership firms, LLPs and private limited companies with a demonstrable operating history. Lenders look for a business that has been running for a reasonable period, files returns, and routes its sales through a bank account.

• Retailers and traders funding inventory or a seasonal cycle
• Manufacturers financing raw material, labour or a new order
• Service businesses bridging the gap between delivery and payment
• Established firms adding a branch, outlet or production line

Eligibility, sanctioned amount, interest rate and tenure are decided by the lender after its own credit assessment. Instant Loan Solutions assists with understanding options, preparing the file and completing the application.

• Business vintage and continuity of operations
• Annual turnover and the consistency of monthly banking credits
• Profitability as reflected in ITR and audited financials, where applicable
• Credit history of the entity and its promoters, including repayment track record
• Existing loans, EMIs and utilisation of current limits
• Industry and end use of funds

Requirements differ between lenders and between products. A full checklist is shared once we understand your profile — see the detailed page on documents required.

• KYC of the entity and promoters (identity, address, PAN)
• Business proof — GST registration, Udyam certificate, shop act or equivalent
• Last 6–12 months bank statements of the primary current account
• ITR with computation, and financials where the lender requires them
• GST returns for the recent periods, if registered
• Existing loan sanction letters or repayment schedules, if any

• Enquiry over call or WhatsApp, with a short discussion of your requirement
• Review of turnover, obligations and credit history to shortlist realistic options
• Document collection and preparation of the application file
• Submission to the lender you choose, and coordination during assessment
• Sanction, documentation and disbursement handled by the lender

Irregular banking, frequent cheque returns, unreported borrowings and recent delinquencies are the issues that most often stall a business loan file. Applying at several lenders at once can also work against you, because each enquiry is visible on your credit report.

Where a file is not currently fundable, we would rather say so and suggest what to correct — cleaning up banking conduct, closing a small obligation or waiting for the next filing cycle — than push an application that is likely to be declined.