NBFCs (Non-Banking Financial Companies) are one of the best options when you want to take a loan for your business. They have a simple application process and the loan amount is also disbursed quickly.
If you want to take a loan from an NBFC, there are certain steps to follow.
Steps to take a loan from an NBFC:
1. Fulfil the eligibility criteria of the lender. Basic eligibility criteria include the age of the applicant, business turnover, CIBIL score, and age of the business.
2. There are certain documents to provide to the lender, these include a balance sheet, ITR, identity proofs, etc.
3. After these are taken care of, the next thing is to apply for the loan on the site of the lender.
Are you thinking of taking a loan from an NBFC, contact Gromor Finance for unsecured loans!