Category Business loan

A business loan is a type of financing designed to help entrepreneurs and companies meet a variety of financial needs — from covering daily operational expenses to funding major expansion plans. These loans are offered by banks, NBFCs, and government-backed schemes, giving businesses access to capital without having to dip into their own reserves.

Funds from a business loan can be used for multiple purposes, such as upgrading equipment, purchasing inventory, expanding premises, hiring staff, or managing working capital gaps during seasonal slowdowns. Repayment is typically made in fixed installments over a set period, which can range from a few months to several years, depending on the loan type and terms.

By choosing the right loan and lender, businesses can ensure steady growth while maintaining healthy cash flow and financial stability.