Grow your Small Business with Peerless Finance Business Loan


Category Business

Planning to grow your small business? Business loans can be helpful. A business loan aids you in growing and taking your small business to the next level. Contact Peerless Finance today and learn why small companies are choosing business loans as a funding solution for their business.

Category Business

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Grow your Small Business with Peerless Finance Business Loan

GROW YOUR SMALL BUSINESS WITH PEERLESS FINANCE BUSINESS LOAN ABOUT US Peerless Financial Services Ltd., is a subsidiary of The Peerless General Finance & Investment Co. Ltd. (PGFI),. Established in 1988. Peerless Finance is a Non-Banking Finance Company (NBFC), registered with the Reserve Bank of India (RBI). Peerless Finance is driven by a commitment to keep its promises. To this direction, it provides Simplifinance – that is simple & timely finance - to its customers. At the same time, the Company promotes ease of doing business. If your business needs a business loan instantly with less documentation then an unsecured loan can be an excellent option. They have a lot of benefits over secured loans. Here are some reasons why unsecured business loans are preferred over secured ones: • Fast Approval: When applying for an unsecured loan, you need minimum documents, the verification process is short and you get approval quickly. In addition, there are minimal eligibility criteria that you need to meet. This ensures that your company does not get rejected for the loan. • Small Tenure: When applying for an unsecured small business loan, repayment is done in a short time because the loan amount is small. It ensures that you can be free from the burden of repayment quickly and can concentrate on the expansion of your small business. • No Assets Required: When you are starting in the business world, it can be difficult to provide assets when taking a loan. But with unsecured loans, providing an asset is not required which makes things very easy for borrowers. This makes unsecured loans attractive for new business owners. • Interest Rates: The interest rates you get on unsecured loans are highly competitive. This ensures that you get the lowest interest rates on your loans. Low-interest rates can help you focus on your business without worrying about the increase in expenses due to interest rates each month. SOME FEATURES ARE AVAILABLE AT PEERLESS FINANCE FOR A BUSINESS LOAN • Reasonable Interest Rate: Interest rate starting from 20% p.a. • Loan Up To 1 Crore: A high amount can ensure you cover all the expenses you may need. • Flexible Tenure: Choice of repayment up to 36 months (unsecured) • Top-Up Facility: Top-up facility available on review post 6 months • OD / Term Loan: Multi Modes Loan availability - Term, Dropline, OD facilities. DOCUMENTS REQUIRED FOR A SMALL BUSINESS LOAN AT PEERLESS FINANCE For Proprietorship: • KYC documents of Promoter and Co- Applicants • Pan Card • Last 3 years Financials with Audit Report • Last 6 Months Bank Statement • Existing facility Sanction Letter/ Repayment track record of the existing loan, if any. • Details about the funding requirement/ project reports. SOME DOCUMENTS FOR A SMALL BUSINESS LOAN AT PEERLESS: For Partnership Firm: • Registered Partnership deeds • KYC of all Partners • Pan card of Firm • Last 3 years Financials with Audit Report • Last 6 Months Bank Statement • Existing facility Sanction Letter/ Repayment track record of the existing loan, if any. • Details about the funding requirement/ project reports. DOCUMENT LISTS REQUIRED FOR A SMALL BUSINESS LOAN For Companies: • Memorandum of Association (MOA)/ Article of Association (AOA) • Latest Shareholdings • KYC of Directors • Pan Card of entity • Declaration that the proposed borrowing is within the limit prescribed as Sec 293 (1) (d) of the Companies Act 1956, (only for Public Limited Company) • Last 3 years Financials with Audit Report • Last 6 Months Bank Statement • Existing facility Sanction Letter/ Repayment track record of the existing loan, if any. • Details about the funding requirement/ project reports. CONTACT US 8336922525 facebook.com/PeerlessFinance [email protected] instagram.com/peerless_finance m peerlessfinance.i twitter.com/PeerlessFinance n Peerless Bhavan,3, linkedin.com/company/peerless- Esplanade East, Kolkata financial-services-limited/ -700069 THANK YOU