Welcome to AS AND ASSCIATES Templates

About Business Loans from AS And Associates

AS And Associates likely acts as a financial consultancy or loan facilitator, helping businesses secure funding from banks/NBFCs by:

 

  • Assessing loan requirements

  • Recommending suitable lenders

  • Assisting in documentation & application processing

  • Improving approval chances

It seems like you’re inquiring about business loans offered by AS And  Associates and their assistance with documentation completion

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Types of Business Loans They May Offer Assistance With

Depending on lender partnerships, they might help with:

A. Term Loans

  • For long-term investments (machinery, expansion)

  • Fixed repayment schedule (1-10 years)

B. Working Capital Loans

  • Short-term funds for daily operations

  • Flexible repayment (3 months – 2 years)

C. MSME/SME Loans

  • For new businesses with limited credit history

  • May require a strong business plan

E. Loan Against Property (LAP)

  • Secured loan using property as collateral

  • Lower interest rates, higher loan amounts

D. Startup Loans

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F. Equipment Financing

  • Loans specifically for purchasing machinery/equipment

Get financing for whatever you need now

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Features of Business Loan

All loans are not created equal, business loan has become a great option for people to use.

Faster Loan

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Business Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a business loan.

1. Age of the Applicant

  • Minimum: 21 years at the time of application

  • Maximum: 65 years at the time of loan maturity


🔹 2. Business Vintage

  • Most lenders require the business to be operational for at least 1 to 3 years

  • Some banks may prefer a minimum turnover threshold (e.g., ₹10 lakhs per year)


🔹 3. Business Type

  • Sole proprietorships, partnerships, private limited companies, LLPs, and closely held public limited companies are eligible.

  • Startups may require additional proof of viability, like revenue or business model validation.


🔹 4. Credit Score

  • A good personal or business credit score (typically CIBIL score 650+) increases approval chances and improves loan terms.


🔹 5. Financial Stability

  • Lenders assess bank statements, income tax returns, balance sheets, and profit & loss accounts (typically for the last 1–2 years).

  • Strong cash flow and profitability improve eligibility.


🔹 6. Business Registration & Licenses

  • Business must be legally registered with necessary licenses, GST registration, and compliance documents.


🔹 7. Existing Liabilities

  • If the business or promoter already has high outstanding loans, it may reduce eligibility unless backed by strong repayment history.


🔹 8. Location

  • Some lenders operate only in specific cities or states. Online lenders may have broader coverage.

Frequently Ask Questions

Here are some Frequently Asked Questions (FAQs) related to Business Loans

A business loan is a type of financing offered to businesses to meet their operational, expansion, or working capital needs.

  • Term Loan (short-term or long-term)

  • Working Capital Loan

  • Equipment/Asset Finance

  • Overdraft Facility

  • Invoice Financing

  • Line of Credit

  • Startup Loans

Business owners including proprietors, partnerships, LLPs, private limited companies, and self-employed professionals can apply, subject to eligibility criteria.

  • KYC documents (ID & address proof)

  • Business registration/license

  • Financial statements (P&L, balance sheet)

  • Bank statements (last 6–12 months)

  • ITR filings (last 1–2 years)

  • GST registration (if applicable)

Get a Quote

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