Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply
Quick Links for loans
Quick Links for Insurance
Investment
Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Loan for Business > How is a Business Loan Disbursed?

Loan for Business

How is a Business Loan Disbursed?

How is a Business Loan Disbursed?

A business loan is a savior for entrepreneurs who find themselves strapped for cash while starting a new business or expanding an existing one. While people also opt for a personal loan to finance the expenses of their business, it’s best to take one that’s tailor-made.

Know More

A loan for business is especially important for small businesses that don’t have the seed capital or funding to buy or upgrade machinery, meet operation costs, or for other expenses. Plus, most of the reputed loan providers offer unsecured loans, so you need not offer collateral security.

However, you must keep in mind that while numerous small and big lenders offer business loans, you should diligently research before choosing a provider. There could be a huge difference in a lot of essential factors, such as the interest rate, repayment tenure, type of security, etc. So, before you decide to get a business loan from one of these providers, be sure to compare all the details and pick the most feasible option for your business.

Another plus point of taking a business loan is that, if you have all the information, such as identity proof and business statements, then you can easily get the loan disbursed within just a few days. This quick disbursal also ensures that you don’t miss out on current opportunities due to a delay in availing funds. 

Typically, disbursing a loan for business doesn’t require a lot of steps, and this is why you can get it within a short span of time. For most lenders, the disbursement flow is as follows:

Loan application submission

All the major providers have an application form that can either be filed online or in person. The application form is the first step towards availing the loan, and it requires you to enter all the basic and business-related details, such as your address, authentication of the business entity, etc.

Document submission stage

Along with the application form, your provider will also ask you to submit documents attesting to the information provided in the form. Right from the business plan to the income flow statement, you’ll have to submit supporting documents for verification.

Credential check

After you’ve submitted all the information from your end, your provider will then check your eligibility, CIBIL score, etc. Some providers may have their own parameters for checking credentials and eligibility, and this is why it may take a few days to do a thorough check.

Contract and other paperwork

After your documents have been verified and your loan has been approved, the paperwork starts. This is the last stage before loan disbursal. This would typically take a day or two to complete.

Loan disbursal

After all the verification and paperwork is done, your loan will be disbursed to you within a few days.

If you’re looking to build your empire, a business loan can help you buy the building blocks for it. Just be sure to do your research before opting for a provider and choose the right terms that help you to grow. Tata Capital offers some great business loan options that you could avail. So, get started!

Apply Now
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Important Information

Investor Information

Visit us on:,Visit us on: www.tatacapitalmoneyfy.com,www.tatacapitalmoneyfy.com

Our Private Equity Funds

Amalgamated Companies

Top Branches

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.