Would you like to apply for an instant online business loan to provide traction to your existing business and take it on the road to success? You can get up to Rs. 30 lakhs from leading banks and other financial institutes to fund several needs of a business.
Nowadays, it is the age of apps and you may have many apps on your smartphone for each of your needs such as groceries and food delivery. Similarly, even funding institutions are not behind in providing their online loan app facilities.
You can download a loan app to apply for a loan, pay EMI online, uncover pre-approved loan offers, prepay, and foreclose loan, among other pertinent activities. Thus, if you are applying for a business loan, you can do that via a business loan app to get quick approvals.
Here is a quick post about the benefits of using business loan apps in India along with some advantages of business loan as well. Read on!
Use a business loan app to avail multiple financial services:-
Apply for loan easily
You don’t need to visit a lender to apply for the business loan as all loan procedures can now be completed online. As a result, you can get quick loan approvals and disbursements to suit your needs.
Check status of your current and old loan accounts
Using an online business loan app, you can also take control of all your existing and earlier loan accounts. You can also download loan statements on your smart phones and use them for reference purposes.
Pay business loan EMIs easily
Paying loan EMIs on online loan app is now highly convenient. You can simply tap on relevant buttons to pay your loan EMIs without facing hindrances.
Prepayor foreclose loan
Would you like to make some prepayments or even foreclose loan account before its scheduled tenor? You can do that via a business loan app easily. Many lenders don’t charge any amount for making a prepayment or foreclosing the loan.
Checkout your pre-approved loan deals
You may be able to grab some pre-approved loan offers on easy loan app and apply for them by entering your basic details. Such deals are offered to help borrowers simplify their loan formalities and get instant loan approvals.
A quick look at some business loan benefits:-
Applying for a business loan to expand your business can offer many benefits such as:
Get loan amount of up to Rs. 30 lakhs
Be it the need to renovate the office, buy equipment, hire employees, expand to another city and more, a business loan can support all. You can get Rs. 30 lakhs to support all expenses at your end.
Flexi loan feature
You can pay only interest as EMI on utilized loan money out of your credit limit and nothing else. This way, you can save up to 45.0% on EMI payments as rest of the loan money can be adjusted after end of loan tenor.
Quick loan approval and disbursement
A business loan is quick to be processed and you can get loan approval in 24 hours.After having loan approval, you may get loan money in your bank account within 72 hours. You can now check out your financial capacities and then apply for an online business loan.