Business loans are highly customisable today. The loan amount is varied, and the interest rates are set after reading through case to case. You can choose the tenure that’s best for you. Some more features and benefits of having a business loan are:
1. Fast loan processing: Today the entire business loan application process is online. This makes the process faster. Everything from the application to the disbursal is done quickly. Your loan from LendingKart can get approved in one day.
2. Fast disbursal: Loan disbursal time is also changing. The time for the loan amount to reach your bank account could be as low as 3 days. You no longer have to wait for days on end to get your loan approved and disbursed to you.
3. Low-interest rates: Big data and analytics are becoming more commonplace nowadays. It is being incorporated everywhere and is helping companies understand what interest rates should be. This makes the interest rate different from case to case. The applicant’s fin
