Hero Fincorp
Hero Fincorp
Apply NowA business loan is capital or working capital borrowed by a business owner from lenders to fund expenses mainly related to daily operations, expansion, growth or marketing. The primary intention of a private business loan is the quick infusion of money, enabling the business to support its urgent requirements such as business expansion, meeting working capital needs, purchasing business assets, and staff expansion.
The demand for a loan for a business varies depending on its size, needs and the type of industry the business operates in. We, at Hero FinCorp, understand that from our years of experience in giving loans to SMEs across various industry verticals in India. Through a Hero FinCorp Unsecured Business Loan, we try our best to make sure that the financial needs of businesses are met. Our flexible business line of credit and term loans for small businesses are designed to give businesses quick access to urgent working capital.
High Loan Amount
Our business loans for SMEs come at affordable interest rates and offer quick financial assistance for short term or long-term business needs. With Hero FinCorp, you can avail of an SME business loan ranging from Rs 3 lakh to Rs 40 lakh.
Flexible Tenure
Our loan for small businesses offers tenure of up to 60 months, allowing you time and ease to repay the loan amount without worrying about running short of time.
Hassle-free Loan with Minimal Paperwork
We make sure you do not go through unnecessary paperwork or long delays in getting credit approval for your business. As long as you fall under our easy eligibility criteria, you can expect quick approval for business loan and easy access to funds.
Quick Disbursal
What's better than getting funds for your business just when you need it? Hero FinCorp takes pride in its TAT of 48 working hours. We make sure that you get a quick and easy business loan.
Collateral Free Business Loans
You can avail of collateral-free small business loans with Hero FinCorp. This means you do not need to put up an asset as security for getting a loan for the business. This makes your loan approval process even faster since there is no need to get your assets appraised to get credit for your SME business.
Multi-purpose Loans
While running a business, you never know when or at what stage you may need funds. Hero FinCorp’s business loan allows you to use funds for multiple purposes such as machinery purchase, new office set-up, and staff expansion.
No Security
With Hero FinCorp, you need not bother putting your valuables or assets as collateral to obtain a business loan. If you have a stable income and strong credibility, you can easily apply for a business loan.
Competitive Interest Rate
You do not need to worry about the loan costs with Hero FinCorp. Depending upon your profile, we offer a competitive interest rate; something that you can easily afford without feeling any burden.
Tax Benefits
Small business loans in India are subject to tax deduction under certain sections of the Income Tax Act, 1961. Therefore, in addition to easing your financial burden with a business loan, you will save a significant amount of money as tax benefits.
Builds Credit History
Good credit history can help you in managing your loans and finances better. By taking short-term small business loans from Hero FinCorp, you can easily establish your credibility and improve your prospects of obtaining large-scale finance in the future.
Term Loans
This type of business loan comes with short repayment tenure. You can use this loan to fund a specific business need, typically capital expenditures. The amount of the loan is determined by the credit history of the applicant.
Working Capital Loans
A working capital business loan is a potential choice for you if your business cycle is having trouble managing inventories or operational expenses.
Equipment Financing
In case you need to upgrade or install new machinery in your business setup, you should opt for equipment business financing.
Line of Credit
This type of revolving business loan allows you to access funds whenever you need them. Under this option, the loan amount is predetermined and you need not withdraw the entire fund at once
