_Eligibility_
We follow the Indian Government’s policies while processing a loan application, or for other finance-related services. To get a loan from the financiers of Finfree enterprises, you should meet the following eligibility criteria
The age limit for applying loan is 25 years – 65 years
The business should be for at least 3 years in the market
There should be consistent margin of more than 1 Crore
An active bank account should be present
The applicant should be a legal Indian resident
Maintain a good credit score of >700*
_Loans_
We create vision about your business
Business loan is also known as commercial loan that is availed to meet the urgent needs of your growing business, let it be revamping of your business, launching new store, paying for the employee’s salaries, for marketing purposes, buying new machinery or to increase the working capital, we help you out by financing at attractive low interest rates.
We very well understand the need of finance for any business and that’s is why we offer flexible business loans from multiple financiers of our network. You can avail the loan in smooth and hassle-free way.
_How it works?_
If you are going through a financial crunch and need quick fiscal assistance, you are at the right place.
Provide your required documents and details and submit it
digitally.
You will receive quotes from our network of financiers, compare and choose your preferred one.
After choosing your preferred bank, submit the required documents and get your funds at the earliest.
_Reasons to choose_
The capital of the business can be easily obtained with business loans.
Business operations will require an expansion, and this can be also be done.
The lender will not insist on telling them how the loan amount is being used.
_Why_
Finfree Enterprises is known for its pro-customer service and has a reputation of being one of the trustworthy providers of various loans in India. We understand the importance of getting the right financing aid at the right time, and how a financial crisis can turn the tables around. We give you reasons on why you should choose us
User-friendly Services
Prominent Financiers
Safe & Secure
Considerable Interest Rates
Quick Processing & Approvals
Comparable Loan Options
Manageable Repayment Options
Business Loans Up To 3 Crores*
Doorstep Services
_Example_
INR 1,00,00,000/- taken as a loan amount over a loan tenure of 36-months (3 years) at an annual interest rate of 18%* will have a total payback amount of Rs. 1,30,14,862/- with a total payable interest amount of Rs. 30,14,862/- and a monthly EMI of 3,61,524/-.
Finfree Enterprises is a financial advisory platform in Hyderabad, Telangana that connects creditworthy borrowers with trustworthy financial institutions like the banks & NBFCs, to provide suitable fundraising options for individual applicants & for businesses across India, at the most considerable interest rates. The finally imposed interest rates will be dependent on various aspects like the borrowing loan amount, loan type, loan tenure, borrower’s credit score, financial record, employment details, income, and other relevant factors. The borrowed loan amount will have to be paid back as per the scheduled repayment plan, as decided by the borrower & the financier.
_Details of _
| Interest rates | 11.55% to 20.05% |
| Processing fee | It ranges from 1% - 3% and differs according to the banks |
| Loan Tenure | 3 years to 6 years |
| Loan Amount | ₹ 1 lakh - ₹ 3 crores |
| Lock-in period | It differs from the lender to lender |
| Pre-closure charges | It differs from the lender to lender |
| Guarantor Required | It depends on the different conditions |
_Documents _
You will need to submit the following documents to be eligible for applying a suitable loan with us for verification purposes.
Owner Identity Proof - Pan Card / Aadhaar Card / Voter ID card / Driving License / Passport Copy
Owner Age Proof - Pan Card / Aadhaar Card / Voter ID card / Passport Copy / Any Other Statutory authority Certificate
Office Address Proof - Rental Agreement / Latest Property Tax Bill / Bank Passbook / Latest Utility Bills
Existence Proof - Documented Proof To Show The Existence Of The Business For > 3 Years
Bank Statement - Updated Latest 6 Months Statement Of Current Account
Partnership Deed - Proof For Partnership Deed, If It Is A Partnership Firm.
Financial Record - Financial Statement Of Latest 2 Years, Attested By Auditor.
GST Documents - Documents For GST Registration & Returns.
Other Documents - Documents Related To MOA, AOA, COI, & Shareholding Pattern.
_Questions_