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A loan taken to finance expansion and growth is known as a Growth Capital Loan. Companies that seek growth capital will often do so in order to finance a transformational event in their lifecycle.
A loan of this kind is usually taken because it is an astute way for a small business to become more focused on their growth plans and helps them generate capital to keep it growing. Growth capital loans may be used to invest in long-term assets and other avenues that will fuel growth.
Growth capital is crucial for a small business because it makes it finances stability and medium to long term business plans. Help us help you make the most of the India growth story by getting in touch with us to finance your plans to be a profitable part of a growing economy.
Without growth capital, small businesses are vulnerable in the long run. This is costly waste of ideas and resources (both human and non-human). At Gromor, it is our mission to ensure India’s dynamic small business entrepreneurs are not prevented from growing due to lack of access to funds.
Gromor enables small businesses and entrepreneurs to grow more and faster by providing them quick, unsecured business loans at attractive interest rates on fair and reasonable terms, which are arrived at with the help of scientific evaluation algorithms and technology that quickly evaluate and disburse loans to interested businesses and entrepreneurs.
We are available during business hours across many channels. You can connect with us via email/whatsapp/phone/web chat on our website.
You can share documents via an email at info@gromor.in / whatsapp it to us at +91 88284 82009 or give us a call at +91 88284 82009 to coordinate the same.
The interest rate that is offered to our clients is determined by analysis of the data that is submitted to us. The interest rate range is usually between 18% to 24% per annum.
We do not offer loans to start ups. We define startups as businesses that are less than 12 months old.
We request you to please provide us with the following documents -
All additional information is helpful. It would help us immensely if you share the following with us additionally -
We use the Statutory Registration or Compliance to establish KYC and evaluate our prospects. IF you do not have any of them in place then we will not be able to work with you. We would request you to get them in place and then reapply.
Yes. If you have carried out all the business from one Savings Bank Account then please share atleast 12 month of Bank Generated Account Statements. We will use the same for our evaluation
Yes. We can consider your application for a Business loan. You will however be needed to share some additional documentation with us.
We are available during business hours across many channels. You can connect with us via email/whatsapp/phone/web chat on our website.You can share documents via an email at info@gromor.in / whatsapp it to us at +91 88284 82009 or give us a call at +91 88284 82009 to coordinate the same.
This is ok. We request you to submit all the details for the person who is actually running the business.
I’m with Gromor!
I don’t wish to be a small business forever. I have vision. I want to grow. And I wish to make investments in this. But for this, I need a reliable source of funds. This is where I found a great partner in Gromor. They helped me with an efficient and quick infusion of growth capital that made it possible for me to scale up and execute my vision.
Inara Baig, Horticulturist, Gurgaon