Fames vel dis auctor

LAOREET NISI SOLLICITUDIN

Why Choose HFS Business Loan

Why Choose HFS Business Loan

Easy and fast process:

When it comes to machinery, you want things to move quickly to avoid an impact on your company's productivity. So, at HFS, business loans for machinery finance are disbursed to you far faster than most other loans. You can expect your funds to be transferred within 24 hours.

Doorstep Service:

You can book an appointment with us online, and a representative of HFS will be at your doorstep with answers to your queries related to machinery finance.

Flexible Repayment tenure:

The tenure for our smart loan goes up to 5 years; while that for a secured business loan goes for as long as your business needs.

Easy eligibility criteria:

As long as your annual income is above 1,00,000/- p.a in metro cities and 75,000/- p.a. in non-metro cities, you are eligible to apply for our equipment and machinery loans.

Our 3-step process enables you to get a speedy business loan in Chennai without having to wait for long periods.

Our 3-step process enables you to get a speedy business loan in Chennai without having to wait for long periods.

Document & Eligibility criteria

Documents required :

  • Proof of Identity:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

  • Address Proof:

Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport

  • Business Continuity Proof:

Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport

  • Bank Statements: :

Latest 6 months’ bank statements / 6 months’ bank passbook Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA

  • Other Documents:

Certified copy of Partnership Deed, Certified copy of MOA / AOA.

  • Only for secured Business loan – Copy of all property documents

Eligibility Criteria :

  • Minimum age of Applicant: 21 years
  • Years in business: Minimum 3 years
  • Minimum Annual Income: ₹ 2, 00,000/- p.a.