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Business Loan

If you want to expand and grow your business, you need a smooth flow of finances to support the growth of your business. We understand your business needs and to fulfill these requirements we have designed business loans for you. When you seek financial help for your business, we can help you to take your business to a new level. In this competitive environment, you need funds to grab the opportunities which can give an extra push to your growing business. Business loan gives a boost to your business and enhances competitiveness and profitability of your organization. If you are looking for a small business loan or want to buy new equipment to expand your business, you are at the right place. We can provide easy loans for your small business needs.

How could you use your Business Loan


Working Capital Requirement

Sometimes you require funds to meet the daily operational requirement of your business. If you have the adequate capital for your daily business needs your business can grow faster, and you can utilize all your assets to earn more. With the increase in earning you can repay this loan.

Expansion Plans

Maybe you want to expand and increase the potential of your business.You could use the business loan to get a new office,hiring more workforce,enabling advanced technology and/or marketing etc.

Machinery and equipment

Sometimes you require new machinery or equipment for automation or expand your business. You can use this loan to lease or buy the equipment to boost your growth. Before buying any equipment or machinery, it is always preferred to do a cost-benefit analysis.


You can buy big lots of stock with a business loan to enhance the profitability of your business and fill the gap between demand and supply.


Infrastructure is the backbone of business.You could use the Business loan to update and enhance your company's infrastructure.

Introducing Business Loans Online

Now it becomes effortless to get a small business loan in business loan through loanby24.com  because we are providing this facility online. You can now apply for a business loan online where you need to fill some basic details, and we will check your eligibility, and if you are eligible, we will provide the further process at your door steps.

Collateral Free Loan

If you are planning to take a loan from us, you don’t require a collateral.This simply means that you don’t have to pledge your personal or business assets for small business financing. We could get the best unsecured business loans, so the process of loan disbursement will be faster, less paperwork and minimum documentation.

Business Loan Eligibility

  • Self Employed Professionals – Doctors, Architects, Chartered Accountants (CAs), Company Secretaries (CS), etc. Who are practicing their profession ,need to submit your qualification proof.
  • Self Employed Non-Professionals – Proprietors, retailer, traders, manufactures and service providers who are running their businesses.
  • Business Entities – Partnership, Limited Liability Partnership (LLP), One person Company, Private Limited Company, etc.

If you not lie in any of these categories then you can be eligible for a business loan. Some other eligibility criteria’s are -

  • Your age should be between 25 – 65 years
  • Your business should be profitable from last three years
  • The turnover of your business should not be in declining trend from last one year
  • Turnover should be at least INR 40 Lakh for the last year
  • Your ITR should be at least INR 3 lakh

Business Loan Documents

  • Business Loan Application Form with recent photograph
  • Proof of Identity such as Voter ID card / PAN Card / Driving License / Passport
  • Address proof such as Electricity Bill / Landline Telephone Bill / Rental Agreement / Post-paid Mobile Bill / Bank Statement / Bank Passbook etc.
  • Business Existence Proof like VAT / CST certificate / FSSAI Registration
  • Bank Statement for last six months
  • Balance Sheet and Profit and Loss Account for last three years
  • Certified copy of Income Tax Return (ITR) for last three years

Business Loan EMI Calculator – Powered by Loanby24.com


When you apply for a business loan, you want to know the EMIs which you have to pay every month to repay the loan. It is very easy to calculate the EMI for your business loan. An EMI calculator is available on our website where you have to fill some details such as Principal Amount, Interest Rate and Tenure of your loan and it will show you the EMIs which you have to pay.

Interest Rate

Business loan interest rate can be between 12-24% according to your risk profile. For more information feel free to contact us.