MSME & Startup Loans

Business Loan Online₹1 Lakh to ₹5 Crore @ 11%

Get MSME loan, startup loan, Mudra loan, and working capital loan with quick approval. No collateral options available. Compare 20+ lenders on BuyNswipe.

48 Hr Approval
No Collateral
Govt Schemes
Flexible EMI

48 Hour Approval

Quick processing

No Collateral

Up to ₹50 Lakh

11% Interest

Lowest rates

Minimal Docs

Easy paperwork

₹5 Crore Max

High loan limit

20+ Lenders

Best options

Types of Business Loans Available

Choose the right funding for your business needs

Mudra Loan (PMMY)
Government scheme for micro enterprises

Amount

Up to ₹10 Lakh

From

12% p.a.

Shishu: ₹50K
Kishore: ₹5L
Tarun: ₹10L
MSME Business Loan
For registered MSME enterprises

Amount

₹10L - ₹5 Crore

From

11% p.a.

No collateral up to ₹50L
CGTMSE coverage
Flexible tenure
Working Capital Loan
Fund daily business operations

Amount

₹5L - ₹2 Crore

From

13% p.a.

Cash credit
Overdraft
Short-term loan
Machinery & Equipment Loan
Purchase or upgrade machinery

Amount

₹10L - ₹10 Crore

From

10.5% p.a.

Up to 90% financing
Tax benefits
Long tenure
Startup Loan
For DPIIT registered startups

Amount

₹10L - ₹2 Crore

From

14% p.a.

Startup India scheme
Venture debt
Revenue-based
Invoice & Trade Finance
Finance against invoices

Amount

Up to ₹5 Crore

From

15% p.a.

Quick disbursal
90% invoice value
No collateral

Compare Business Loan Interest Rates 2024

Best rates from banks and NBFCs

LenderInterest RateMax AmountLoan TypeAction
SBI11.00%₹5 CroreMSME Loan
HDFC Bank11.50%₹3 CroreBusiness Loan
ICICI Bank12.00%₹2 CroreWorking Capital
Bajaj Finserv14.00%₹50 LakhUnsecured
Tata Capital13.00%₹75 LakhTerm Loan
Lendingkart15.00%₹2 CroreQuick Loan

Business Loan Eligibility

Business Age:Minimum 1 year operational
Annual Turnover:₹10 Lakh+ for unsecured
CIBIL Score:650+ (Owner/Director)
Profitability:At least 1 year profit
GST Registration:Required for most loans
Business Type:Proprietorship, Partnership, Pvt Ltd

Documents Required

PAN Card of Business & Owner
GST Registration Certificate
Business Registration/Udyam
Last 2 years ITR with Computation
Last 12 months Bank Statements
Address Proof of Business
KYC of Directors/Partners

Business Loan FAQs

Can I get business loan without ITR?

Some lenders offer business loans based on GST returns and bank statements without ITR. Mudra loans up to ₹50,000 may not require ITR. However, larger loans typically need at least 1 year ITR.

What is Mudra loan eligibility?

Mudra loans are available for any Indian citizen with a business plan. No collateral required. Shishu (up to ₹50K), Kishore (₹50K-5L), Tarun (₹5L-10L). Business should be non-farm sector.

How much business loan can I get?

Loan amount depends on turnover, profitability, and collateral. Unsecured: up to ₹50 Lakh. Secured: up to ₹5 Crore or more. Typically 20-30% of annual turnover for unsecured loans.

What is the processing time for business loan?

Processing time varies: NBFCs/Fintechs: 48-72 hours. Banks: 7-15 days. Mudra loans: 7-10 days. Pre-approved customers may get faster processing.

Grow Your Business with Right Funding

Check eligibility and get best loan offers for your business

Business Loan Guide 2024 - BuyNswipe

BuyNswipe Business Loan marketplace helps MSMEs, startups, and SMEs find the right business loan online. Compare MSME loan, Mudra loan, working capital loan, and startup loan from 20+ lenders at interest rates starting 11% p.a.

Apply for business loan without collateral up to ₹50 Lakh. Get government business loan schemes like PMMY Mudra, CGTMSE covered loans, and Startup India funding. Our platform matches you with the best lender based on your business profile.

Whether you need SBI business loan, HDFC business loan, machinery loan, or invoice financing, BuyNswipe provides instant eligibility check and quick approvals for your business funding needs.