LendingKart Business Loan

Lendingkart provides easy and fast business loans to small businesses and self-employed individuals. Their loan options include working capital loans, term loans, and collateral-free business loans. Using digital technology, Lendingkart offers quick approvals and hassle-free funding to help businesses grow. They serve traders, manufacturers, service providers, and professionals across India.

LendingKart Interest Rates, Fees & Charges

LendingKart Business Loan Eligibility

1. Private/Limited Companies: Net annual income > ₹1.5L (loans up to ₹15L) or > ₹3L (loans above ₹15L).

2. Self-Employed Professionals: Must have relevant qualifications (doctors, engineers, CAs, consultants).

3. Proprietorship/LLP: Profit & loss statements required.

4. General Criteria:
   • Age: 18-65 years.
   • Businesses must show cash profits for the last 2 years.
   • An audited balance sheet by a registered CA is mandatory.

Documents Required For LendingKart Business Loan

To get a business loan, you need to submit some important documents. Here’s a simple list of the required paperwork:

1. Identity Proof – Aadhaar Card, Voter ID, or Passport (along with passport-sized photos).

2. Bank Statements – Last 6 months' bank transaction details

3. Business Documents – Trade license, sales tax certificate, and proof of business ownership.

4. Financial Records – Income tax returns and profit & loss statements for the past 2 years.

5. Balance Sheets – Financial records from previous years showing business performance.

These documents are mandatory as per business loan eligibility criteria. Ensure you have them ready for a smooth loan application process!

Types of LendingKart Business Loans

LendingKart offers a variety of business loans to support entrepreneurs and small businesses. Here’s a simple breakdown of the types of loans available:

1. Business Loan
   • Purpose:To meet general business needs or expand operations.
   • Use:Flexible funding for any business-related expenses like inventory, marketing, or day-to-day operations.
2. Working Capital Loan
   • Purpose:To manage daily business expenses and cash flow.
   • Use:Helps cover operational costs like salaries, rent, or purchasing raw materials when funds are tight.
3. MSME Loan
   • Purpose:Specifically designed for Micro, Small, and Medium Enterprises (MSMEs).
   • Use: Provides financial support to grow your small or medium-sized business, buy equipment, or scale operations.
4. Business Loan for Women
   • Purpose:Tailored to support women entrepreneurs and business owners.
   • Use:Empowers women-led businesses by offering easy access to funds for growth, expansion, or working capital.
5. Personal Loan
   • Purpose:For business owners who need funds for personal use.
   • Use:Helps manage personal expenses while keeping your business running smoothly.

LendingKart’s loans are designed to be quick, hassle-free, and tailored to meet the unique needs of businesses, ensuring you get the financial support you need to succeed.

Key Features of LendingKart Business Loan

1. Flexible Financing: Get loans from ₹50,000 to ₹50 Lakhs tailored to your SME needs, whether big or small.

2. Quick Approvals: Enjoy same-day approvals with a simple online process, powered by advanced data analysis for fast decisions.

3. Rapid Funding: Receive funds in just 3 days—much faster than traditional banks. No more long waits!

4. No Collateral: Secure loans without risking assets. No need to arrange collateral for financing.

5. Adaptable Repayment: Choose repayment terms from 1 to 36 months for easy and flexible repayments.

6. Competitive Rates: Benefit from attractive interest rates, making borrowing with us a smart choice!

Why Apply For a LendingKart Business Loan At BigMudra.com

1. Quick and Easy Process: Applying for a LendingKart business loan through BigMudra.com is simple and hassle-free. You can complete the application online in just a few steps.

2. Fast Approval and Disbursal: Get your loan approved quickly, often within hours or days, and receive funds directly in your account without delays.

3. No Collateral Required: Most LendingKart loans are unsecured, meaning you don’t need to pledge any assets or property as security.

4. Flexible Loan Amounts: Borrow the exact amount you need, whether it’s for small expenses or larger business investments, with options tailored to your requirements.

5. Low Interest Rates: Enjoy competitive interest rates that make repaying the loan affordable and manageable for your business.

6. Support for All Types of Businesses: Whether you’re a small shop owner, a startup founder, or running an established business, LendingKart has solutions for everyone.

7. Special Loans for Women Entrepreneurs: Women business owners can access special loan offers designed to support and empower their ventures.

8. Improves Cash Flow: Use the loan to manage daily business expenses, buy inventory, or handle unexpected costs without affecting your savings.

9. Helps Expand Your Business: Fund new projects, upgrade equipment, or scale your operations to take your business to the next level.

10. Trusted Platform: BigMudra.com is a reliable and secure platform that connects you with LendingKart, ensuring transparency and customer support throughout the process.

11. Customized Repayment Options: Choose repayment plans that suit your business cash flow, with flexible tenures to reduce financial stress.

12. Available for MSMEs: Micro, Small, and Medium Enterprises (MSMEs) can easily access loans to grow their businesses and meet operational needs.

13. 24/7 Customer Support: Get help anytime during the application process or after receiving the loan through dedicated customer service.

Applying for a LendingKart business loan at BigMudra.com ensures you get the financial support your business needs quickly and conveniently!

How to Apply for LendingKart Business Loan

LendingKart provides instant business loans to its pre-approved existing customers based on their business performance and credit profile. Existing customers can also visit BigMudra.com to check their eligibility for LendingKart pre-approved business loans and apply effortlessly.

LendingKart Customer Care Number

1. Helpline Number: you can always get in touch with Lendingkart through their customer care number 1800-572-0202 or simply you can email them at care@lendingkart.com

FAQs

1. What is the minimum and maximum loan amount offered by LendingKart?
   LendingKart offers business loans ranging from ₹50,000 to ₹2 Crore, depending on eligibility and business requirements.

2. What is the interest rate for LendingKart business loans?
   The interest rate starts from 1.25% per month, with competitive rates tailored to your business profile.

3. Is collateral required for a LendingKart business loan?
   No, LendingKart provides collateral-free business loans, making it easier for small businesses to access funds.

4. How long does it take to get a loan approved and disbursed?
   Loans are approved within 3 working days, and funds are disbursed quickly, often within 72 hours of approval.

5. What documents are required to apply for a LendingKart business loan?
   You need identity proof, bank statements, business documents (trade license, sales tax certificate), and financial records (ITR, profit & loss statements, balance sheets).

6. Can women entrepreneurs apply for special loans with LendingKart?
   Yes, LendingKart offers tailored business loans for women entrepreneurs to support and empower their ventures.