Business Loan

MCP Finance Services helps micro and small enterprises grow and capitalize on business opportunities in an expanding economy. Our Business Loans are designed to cater to a wide variety of business needs – from working capital for stocks and manufacturing to loans for capital expenses. We have experience in understanding your business requirements and customizing financial solutions that suit your needs. So, if you want to expand your business, buy additional raw material or stocks, or repay other expensive debts or expenses, our customized business loans will help you fulfill your dreams and aspirations.

We have tie-up with various Banks & Corporate Finance Companies to provide the following services:

Eligibility Criteria to avail these services

Banks offer business loans for various needs of enterprises like expanding, modernizing or improving infrastructure. Though any business person can opt for a long or short term business loan, there are certain eligibility that needs to be fulfilled. Unless sure of your eligibility including your capacity to pay back the loan amount, no bank will give your any business loan.

There is also need of submitting various documents while applying for a business loan. There are differences in the documents required for various types of companies like sole proprietorship firm, partnership firms and private limited companies. The documents needed may also vary slightly depending on the bank you have applied for the loan. Generally the following documents are required by banks for providing a business loan for a sole proprietorship firm:

Proof of identity of the sole proprietorship firm.

Proof of individual identity of the proprietor.

Proof of residence address of the proprietor.

Certified balance sheet of the enterprise for last two years.

Copies of IT returns for the last two years.

Bank statements of last 6 months for business credit up to Rs. 15 lakh and last 12 months for business credit above Rs. 15 lakh.

If the case of a partnership firm proof of identity of the partnership firm as well as proof of individual identity for all the partners along with balance sheet of the last two years have to be submitted along with a copy of the partnership deed. If you are applying for a loan for a limited company, then proof of identity of the limited company, copies of memorandum and articles of association, certificate of incorporation, board resolution, copy of annual return establishing the shareholding pattern need to be submitted at the time of applying for the business loan.

Reason to Choose MCP for Loan Services

In all the above cases applicant should be above 24 years of age at the time of loan commencement and up to the age of 60 or superannuation, whichever is earlier at the time of loan maturity.

We follow a UNIQUE PROCESS to find you a true low-cost home loan (once all interest, fees and charges are factored in), not just the home loan with the lowest interest rate (we explain the difference in this free report series).

We don’t merely find you a loan, then move on – we provide you with critical loan structuring, budgeting and financial support, guaranteed to save you interest payments AND off your loan – all without compromising your lifestyle.

We leverage our insider knowledge, product knowledge and negotiation skills to get you a better deal from lenders (saving you even more).

We DON’T recommend or suggest you follow aggressive loan reduction strategies that can go horribly wrong if they are not followed to the letter. Instead, we give you a simple, push-button system for reducing your loan much faster and without added risk.

Our operations and processes are set up to make it as easy as possible to deal with us, even if you're in another country or time zone. Helpdesk and rapid document exchange are just some of the ways we try to make the process easier for you.

We proactively review your loan and your current situation every 6 months and let you know if a lower-cost loan is available and is worth considering.

We guarantee our performance to you in writing (including guaranteed interest savings and a reduced repayment term).