Business loans help enterprises fund working capital, purchase inventory or equipment, or expand operations. They may be secured (backed by collateral such as property or machinery) or unsecured, depending on the lender, product and your business profile.
Lenders typically look at how long the business has been operating, its turnover and profitability, banking behaviour, existing borrowings and the credit history of the business and its promoters. Some products are designed for specific needs, such as overdraft or cash-credit limits for working capital, or term loans for capital expenditure.
How 8Q Solutions helps
- We help you describe your requirement clearly — the purpose, amount and repayment capacity.
- We explain the financial documents a lender may request, such as statements, returns or registrations.
- With your consent, we coordinate your application with a participating lender that offers a relevant product.
All credit decisions, interest rates, fees and conditions are decided by the lender.
Plan your repayments
Business cash flows can be seasonal. Use the EMI calculator to test different tenures, and discuss with the lender whether a term loan or a working-capital facility suits your cash cycle better.
Common uses
- Working capital
- Inventory purchase
- Machinery or equipment
- Shop or office expansion
- Business modernisation
Eligibility and documents
Each participating lender sets its own eligibility criteria and document list for this product. Our team will explain the specific requirements after understanding your profile. See our general eligibility guide.
Criteria vary between lenders and may change. Meeting them does not guarantee approval.
Business Loan FAQs
Is collateral needed for a business loan?
It depends on the lender and product. Some business loans are unsecured, while others require security such as property or equipment. Our team will explain the options available through participating lenders.
What will a lender look at for a business loan?
Lenders typically review how long the business has operated, turnover and profitability, banking history, existing borrowings, and the credit history of the business and its promoters.