Business Loan In Chengalpattu

Khannan Finance grants short term business loans for urgent cash requirements, unexpected expenses due to machinery faults, payroll, and inventory purchases in Chengalpattu.

The repayment tenure is typically up to 24 months. We provide quick disbursal within 48 hours. Moreover, you can access a maximum loan amount of 5 Cr.

Khannan Finance assists in accessing long term business loans for business investments, equipment purchases, machinery upgrades, and financing for business expansion in Chengalpattu.

The repayment tenure of these loans can be up to 48 months. Furthermore, you can access the maximum loan amount up to 80% of asset value.

Business Loan Agent Market In Chengalpattu

Khannan Finance Company acts as a business loan agent and DSA ( Direct Selling Agent) in Chengalpattu. In this dynamic business environment, businesses of all sizes require funds to fuel their growth. In such cases, the business loan agent becomes an essential intermediary in linking the right financial company to your business.

Business loan agents understand the unique requirements of business owners and can build strong relationships between customers and the finance service company.

Eligibility Criteria for Business Loans

• Business Vintage: Minimum 2 years.
• Applicant age: 18 years – 75 years.
• CIBIL Score: 700 or higher.
• The minimum monthly average GST sales must be 20 Lakhs.
• The company's constitution must be a proprietorship, partnership, private limited company, OPC company, or limited company.

The Documentation required for a Business Loan

• Business registration documents & Company KYC
• Promoters KYC.
• The last 12 months of GST returns.
• The 12 months of bank statements.
• Last 2 years IT Returns.