Small and medium scale enterprises contribute greatly to the growth of the economy. They generate revenue and create employment opportunities for individuals in the country. The Government understands the importance of SMEs and has laid out several schemes to boost their growth. Most SME owners want to take their business to new heights and this requires funds. Relying on friends and family for funds is not a feasible option. This is where Hero FinCorp can make all the difference. The reliable financial institution has a strong presence in the country and offers a Hero FinCorp SME loan. The loan can help in meeting the changing demands of the SME industry.
The biggest advantage of the loan is that you can use the funds for any purpose in the business. Hero FinCorp will not ask you about the reason for borrowing and where you intend to use the funds. The loan application process is simple and straightforward. Sole proprietors, partnership, and private firms can apply for the loan. You need to adhere to their eligibility criteria with regard to the turnover requirement. To apply for the loan, you need to fill up the application form and submit the relevant documents. You will have to provide KYC of the partners, address proof of the business, proof of going concern, statements, ITR, memorandum of association, income statement and balance sheet. The business should be profitable and show an ability to generate profits in the future.
Hero FinCorp offers several loan products to help meet the personal and professional needs of individuals. They strive to help individuals achieve their long-term goals. Besides an SME loan, you can apply for a two-wheeler loan, used car loan, loan against residential property, loan against commercial property, doctor loan, medical equipment loan and more. The customer executives will help you choose the right loan product, keeping your needs in mind. You can get low interest rate and flexible repayment tenure with an SME loan. You can use the funds to expand business operations, enter a new market, introduce a new line of product or to meet the working capital needs.
Hero FinCorp is a trusted name in the industry and an ideal partner in growth. The customer executives will be happy to help you with the loan application procedure, while explaining the terms and conditions. You can use the EMI calculator to get an insight into the EMI payable on the loan amount. The calculator is available online and is easy to use. The customer executives at Hero FinCorp will explain the repayment tenure and will ensure that you have understood the terms and conditions of the loan. Take your business to new heights with a Hero FinCorp SME loan and turn your aspirations into a reality.
Contact Us & Send Query-
Hero FinCorp Limited
09, Basant Lok, Vasant Vihar, New Delhi – 110057
Email Id: [email protected]
Website - https://www.herofincorp.com/sme-commercial-loans