Poonawalla Fincorp Business Loan

Poonawalla Fincorp Medical Equipment Loan

Purpose: Poonawalla Medical Equipment Loan is suited for doctors, dentists, healthcare professionals etc. who are looking for adequate funds to upgrade their medical infrastructure for their own clinic or hospital.

Interest Rate: Starting from 9.99% p.a.

Loan amount: Up to Rs 10 crore

Loan tenure: 1 to 7 years

Poonawalla Fincorp Professional Loan for Chartered Accountants

Purpose: Poonawalla Professional Loan for Chartered Accountants enables CAs to arrange funds for purchase/rent of new office space, renovate/expand existing office space, scaling up operations, meet working capital requirements, paying for overhead costs, hiring new staff, etc.

Interest Rate: Starting from 9.99% p.a.

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 5 years

Poonawalla Fincorp Professional Loan for Company Secretaries

Purpose: Poonawalla Professional Loan for Company Secretaries allows CS to arrange funds for improving their practice, enhancing their professional skills, scaling up operations, meeting their working capital requirements, paying overhead costs, etc. Loan applicants do not need to provide any collateral to avail this loan.

Interest Rate: Starting from 9.99% p.a.

Loan amount: Up to Rs 50 lakh

Poonawalla Fincorp Professional Loan for Doctors

Purpose: Poonawalla Professional Loans are offered to doctors running their own clinics, hospitals or nursing homes who need additional funding for arranging healthcare equipment, adapting latest medical technologies, consolidating their high-interest debts, improving/expanding their existing clinic, etc.

Interest Rate: Starting from 9.99% p.a.

Loan amount: Up to Rs 50 lakh

Poonawalla Fincorp Unsecured Business Loan

Purpose: Poonawalla Unsecured Business Loan enables business units to cover both capital and operational expenditure including:

Interest Rate: 15% to 28% p.a.

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 3 years

Business Loan for Sole Proprietors from Poonawalla Fincorp

Purpose: Poonawalla Business Loans for Sole Proprietors (including small traders, travel agents, kirana shop owners, medical stores and artisans) provides adequate finance for maintaining cash flows, upgrading their business equipment and infrastructure, renting/ purchasing/renovating business premises, procuring inventory, paying overhead costs, etc. The NBFC provides both secured and unsecured loans to sole proprietors. Business loan applicants availing secured loans must furnish adequate security in the form of mortgages, jewellery, deposits, LIC insurance certificate, etc. to cover the loan amount.

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 3 years

Business Loan for Working Capital Finance from Poonawalla Fincorp

Purpose: Poonawalla Business Loans for Working Capital Finance allows borrowers to raise working capital for carrying out their day-to-day operations including procuring raw materials, clearing existing debts, paying wages to their employees, etc.

Interest Rate: Starting from 15% p.a.

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 3 years

Small Business Loans from Poonawalla Fincorp

Purpose: Poonawalla Small Business Loans are suited for small and medium sized business units looking for the necessary finance to manage & expand the business, buying inventory and machinery, for taking care of administrative expenses, etc.

Interest Rates: 15% p.a. onwards (with the final interest rates depending on the credit score, eligibility and financial stability of the business entity)

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 3 years

Poonawalla Fincorp Business Loan for Women

Purpose: This unsecured business loan variant, specifically designed for women entrepreneurs running small and medium sized businesses, enables them to use the funds sanctioned for the purpose of improving their working capital reserves for managing day to day expenses, expanding and diversifying their business, upgrading machinery and software, recruiting additional staff, etc.

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 3 years

Poonawalla Fincorp Business Loan for MSME

Purpose: SME and MSME business units can avail this unsecured business loan scheme to manage expenses involved in running their business including procuring inventory, closing supply chain gaps, paying salaries, maintaining healthy cash flows, etc.

Loan amount: Up to Rs 50 lakh

Loan tenure: 1 to 3 years

The business loan eligibility criteria set by Poonawalla Fincorp for its loan applicants are as follows:

Poonawalla Professional Loan for Chartered Accountants

Poonawalla Working Capital Business Loan

Poonawalla Professional Loan for Company Secretaries

Poonawalla Professional Loan for Doctors

Poonawalla Business Loan for Sole Proprietorship

Poonawalla MSME Business Loan

Poonawalla Unsecured Business Loan

Poonawalla Business Loan for Women

Poonawalla Medical Equipment Loan

Poonawalla Small Business Loan

The documents required for availing different types of Poonawalla business loan schemes are mentioned below:

For Poonawalla Medical Equipment Loans

For Poonawalla Business Loans

For Poonawalla Professional Loans