Types of Business Loan

Shriram Business Loan is designed to help business owners manage their day-to-day operational needs. Key features of working capital loans include:

Purchasing Inventory: Fund the purchase of necessary goods and materials.

Hiring and Training Employees: Cover expenses related to new hires and their training.

Buying Equipment or Supplies: Use funds to buy essential tools, machines and supplies for daily operations.

Paying Taxes: Manage tax obligations without disrupting business flow.

Managing Payroll: Ensure timely payment of wages or salaries to employees and maintain smooth payroll operations.

Addressing Short-Term Expenses: Handle other immediate operational costs efficiently.

Shriram Business Loan enables you to fund trading activities and related expenses. Key features of trade finance include:

Facilitating Letters of Credit: Secure payment guarantees for international and domestic trade transactions.

Improving Cash Flow through Invoice Factoring: Access immediate cash flow by paying outstanding invoices.

Protect Payments with Export Credit Insurance: Protect your business against potential losses due to non-payment of overseas buyers.

Shriram Business Loan helps suppliers to get paid earlier, while buyers can extend their payment terms. Key features of supply chain finance include:

Flexible Payment Alternatives: Offers various payment options to suit different business needs.

Lower Financing Rates: Provides cost-effective financing solutions to minimise expenses.

Ensures Smooth Business Operations: Facilitates uninterrupted functioning across the supply chain.

To help entrepreneurs raise capital and build new ventures, Shriram Finance offers business loans with competitive interest rates and flexible repayment options. Key features of startup business loans include:

Capital for Startup Costs: Provides funding to cover initial expenses such as purchasing resources, equipment or setting up operations.

Supporting Marketing Efforts: Manage expenses associated with promoting your new business.

Financing Product Development: Provide capital for creating and improving new products or services.

MSME Loan is designed to assist medium and small-scale entrepreneurs with various business expenditures. At Shriram Finance, we offer business loans for MSMEs with competitive interest rates and flexible tenures. Key features of MSME loans include:

Covering Business Expenditures: Manage a wide range of expenses related to operating and sustaining the business.

Funding Operational Costs: Provide capital for day-to-day operational needs to ensure smooth functioning.

Supporting Expansion and Growth: Enable scaling of operations and investment in business development.

GST business loan is provided based on a business's Goods and Services Tax (GST) returns. Our Shriram Business Loan can be utilised to fund working capital, inventory and other day-to-day operational activities with minimal collateral. Key features of GST business loans include:

Leveraging GST Returns for Eligibility: Use your business’s GST filings to determine eligibility and assess turnover, aligning credit with your business performance.

Simplified Documentation: Reduce documentation by relying on GST data rather than full audited financials.

Aligning Finance to Sales Cycles: Make data-driven credit decisions using the GST filings. This enables financial institutions to read your business’s cash flow trends and seasonality for more customised credit eligibility.

Shop loan helps small shopkeepers and other small business owners with the capital required to manage daily expenses and grow their operations. Shriram Business Loan is designed to meet the aspirations of small business owners achieve their business growth with competitive interest rates and flexible repayment tenures. Key features of shop loans include:

Purchasing Inventory and Supplies: Get access to funds for stocking goods and maintain a steady availability of goods to customers.

Upgrading Shop Premises: Cover expenses related to your shop’s renovations, expansion or improvements to enhance customer experience and increase capacity.

Managing Day-to-Day Costs: Fund operational expenses such as wages or salaries, vendor and utility payments to ensure smooth business operations.

A loan without financials is designed for borrowers who may not have extensive financial documentation. At Shriram Finance, you can use our business loan to ensure businesses without financials can have access to funds. Key features of loans without financials include:

Simplifying Access with Minimal Documentation: No need for detailed financial records such as income tax returns.

Eliminating Bank Statements: Simplifies the application process by not requiring bank statements.

Streamlining Approval Without Audited Reports: Streamlines approval by eliminating the need for audited financial documents.

A business loan for women is specially designed to support women entrepreneurs with their business ventures. At Shriram Finance, we understand the need for funds for women entrepreneurs to start or expand their business with our business loan with competitive interest rates and flexible tenures. Key features of business loans for women include:

Financial Support for Women Entrepreneurs: Tailored to assist women starting or expanding their business.

New Business Ventures: Provides funding to launch new business ideas.

Expansion of Existing Businesses: Helps in growing and scaling existing business operations.

Invoice financing is a financial tool that allows businesses to access immediate cash flow by using their outstanding invoices as collateral. Utilise Shriram Business Loan to cover your business’s day-to-day operational costs without waiting for client payments. Key benefits of the invoice financing include:

Improved Cash Flow: Businesses can receive funds quickly, reducing the need to wait for clients to pay.

Reduced Risk: The financier typically takes over the risk of non-payment from clients.

Flexibility: It allows businesses to focus on growth rather than being constrained by cash flow issues.