Loans

Presenting Barclays business installment loans, simple unsecured business loans available to small and medium enterprises for all your working capital needs.

Business installment loan can be availed by:

• Self employed individuals / professionals
• Sole proprietorship firms
• Partnership firms
• Private limited companies and closely held limited companies

Every small and medium sized enterprise needs access to working capital. The business installment loan not only helps you meet your working capital needs, but also helps fulfill your aspirations of expanding your business.

With easy documentation and maximum benefits, this loan makes for some sensible capital fulfillment. The Barclays business installment loan offers you some great features like:

• Loans upto Rs. 35 lacs for your working capital requirements
• Hassle-free loans - No security / collateral required
• Repay with easy equated monthly installments
• Simple documentation- With a Barclays business installment loan, you will need to submit documents only once. In contrast, cash credit facilities need you to provide collateral / security and submit documents regularly.
• Enjoy a maximum loan tenure of upto 60 months
• Speedy loan processing - 7 business days

Business Loan comes with a special built in feature the “Drop Down” variant which ensures that your interest rates drop if you pay your EMIs regularly. To know more click here

To view the Business Installment Loans (BIL) schedule of charges please click here

Please note:

• While a customer’s application is evaluated across multiple parameters as per banks prevailing internal policies, some of the risks which are assessed are

  ° Management risk	-	Namely, but not limited to; Borrower’s market position, Management competency and experience.
  ° Business risk	-	Namely, but not limited to; industry segment, future business plans, succession planning.
  ° Financial risk	-	Namely, but not limited to; Banking conduct; Leverage, Profitability.
  ° Transaction risk	-	Credit history of the applicants, proposed end use; Regulatory risk etc for arriving at credit decision.

• All products, facilities and services are offered at the sole discretion of the Bank. The parameters mentioned above are indicative and not exhaustive.
• Barclays international standards on KYC documentation will be followed consistently.