SME/BUSINESS LOANS :

With low interest rates and generously flexible repayment options, business loan by Asean Capital Inc can give the much needed boost to your business, enhancing your competitiveness and profitability. Loan for business by Asean Capital Inc gives a Flexi loan facility, enabling you to expand your business to new heights, upgrade your existing business to latest machineries and equipment, scale up the growth and much more, at minimal repaying options.

A small business loan can be of multiple types. But the two most important ones are term loans and working capital loans. To apply for an SME loan or an MSME loan, most businessmen don’t know where to start. It’s usually the bank that they have their savings account in or the local moneylender that helped their elder cousin.

The application form takes under 5 minutes to fill out. Once the application is analyzed, you are informed if your loan can be approved or not. In case of approval, the loan agreement is sent to you. As soon as you agree to it and the signed copy is received by us, your loan will be in your bank account within a matter of hours. The entire process can take as less as 3 working days! SME loan eligibility at Asean Capital Inc includes the following –

1. Registered and running business for 6 months at least

2. Annual turnover to be INR 30 lakhs or more

MSME project loans are now easier to avail than ever. Have an existing business and need an SME loan? Apply for working capital loans now!

Top Features of Business Loan:

Flexi Loan Facility

Business loan allows you to avail Flexi loan facility. This is a unique facility given to our loan applicants, wherein you are approved for certain loan limit, for a said duration. You can choose to pay only interest amount as EMI and repay the principal amount at the end of the tenor of the facility. Hence, it acts as a big saving arm to your cash flow.

Loans up to Rs.30 LakhS

Whether your business has needs for short-term loans, intermediate-term loans or long-term loans, Asean Capital Inc offers business loans up to Rs.30 lakhs. You can use the loan amount to invest in infrastructure, expand operations, buy equipment or inventory, or even to increase working capital.

Collateral Free Loans

Asean Capital Inc’s business loan are collateral-free, which means you won’t have to put your personal or business assets on the line to qualify for financing. And since you don’t need to pledge collateral, there is no requirement for appraisal of the value of your assets. As a result, with collateral-free loans, funding is much faster and requires only minimal documentation.

Flexi Loans

These loans from Asean Capital Inc help you get a loan amount that is higher than what you are eligible for What is more, you have an option to pay the interest component only on the amount you’re borrowing. Because you are only paying the interest, your monthly installments are lower than they’d be with a standard business loan.

Pre-approved offers

As an existing customer of Asean Capital Inc, you will be eligible to get exclusive pre-approved offers from us. These offers may include a top-up loan or even reduction of rates from time to time.

Online Account Access

You have the convenience of accessing your business loan statement anytime, from anywhere online.Advantages for SMEs: Whether you are expanding into a new vertical or growing your existing business, you can avail of a small business loan for finance. In today’s fluxing economic climate, nearly any enterprise can see immediate growth as long as they use the business loan wisely.