What Are The Minimum And Maximum Limits Offered For A Business Loan?
Business Loan limit varies from lender to lender. A Business Loan is a loan taken for business-related purposes like expanding the operations of a company or for catering to other business requirements. Depending on the size and need of the company, the funding requirement differs. The Business Loan limit in the case of Poonawalla Fincorp is quite considerable. Poonawalla Fincorp offers a Business Loan of up to ₹50 Lakhs. Poonawalla Fincorp offers various types of Business Loans such as Business Loans for Working Capital, Business Loans for MSME, Business Loans for Proprietorship, Business Loans for Women, etc. You can visit https://poonawallafincorp.com/business-loan.php to apply for a Business Loan. While applying for Business Loan you should also know business loan eligibility criteria’s such as age (between 24 and 65 years), Business Vintage (of at least 2 years) and lastly, annual turnover (minimum annual turnover of ₹6 Lakhs).