List of Banks & Companies that Offer Loan to Startups & Businesses in India
State Bank of India – Entrepreneur Scheme
State Bank of India grants financial assistance to technically qualified, trained and experienced entrepreneurs for setting up new viable industrial projects. Loans are extended to technocrats who are unable to meet the normal margin requirements under the liberalized schemes.
Mahindra Finance – Small Business Loans
Mahindra SME Loans are here for just that. Catering to the funding needs of small and medium enterprises, our quick and hassle-free SME Loans are tailor-made for your varied business requirements. So be it expanding a small business or accumulating funds for new purchases – rest assured, Mahindra Finance will be by your side for all your financial needs.
ICICI Bank Ltd – Smart Business Loan
Smart Business Loan (SBL) is an unsecured overdraft facility up to Rs. 25 lakh given to existing ICICI Bank customers.
Capital Float is an online platform that provides working capital finance to SMEs in India. They offer flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 3 days with minimal hassle.
A Business Loan is a loan without security, giving you access to credit that can be paid back over an agreed time along with the interest. It can be used for the expansion of an existing business or investing in a new one without pledging anything against the borrowed amount. At Bajaj Finserv, we are committed to help your growing businesses with small Business Loans in India.
Fullerton India take care of a wide range of capital requirements, financial needs and other industrial expenses that are crucial to keep your business running. Fullerton have the right expertise and a keen eye to understand your business requirements. So whether you aspire to expand your current business venture or require new machinery or equipment for your enterprise, our customised business loans aim to provide the right answer to your problems based on your needs.
HDB Financial Service
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI’s liberalisation of the Indian Banking Industry in 1994.
Kodak Mahindra Bank
Enjoy business growth or expansion without disturbing your personal investments or taking multiple loans with Kotak Business Loans. You can diversify your business or even fund your next project through our personalised solutions and services