Business Loan

Business Loan Interest Rate

A Business Loan helps you manage your working capital, expand operations, or invest in growth opportunities. Knowing the Business loan interest rates and repayment options is important for financial planning. Business Loans are available starting from 15% per annum*, with flexible repayment tenure of up to 60 months.

Why Choose a Business Loan from L&T Finance?

A Business Loan might be the right way to get access to funds for growth and working capital. Finding the right lender gives you clarity, flexibility, and consistency in support throughout the loan tenure. L&T Finance gives you the option of getting Business Loans equipped with flexible terms and features to meet a wide range of business demands.

Here are some key reasons to choose a Business Loan from L&T Finance

• Flexible Loan Amounts : Borrow up to ₹ 1 Crore and up to ₹ 2.5 Crore* with Supply Chain Finance, based on your business needs
• Attractive Interest Rates : Competitive rates starting from 15%* per annum
• Customised Tenure Options : Repayment period of up to 60 months* for ease of planning
• Minimal Documentation : Simple process designed to save time and effort
• Multiple Loan Types : Options such as Term Loan, Working Capital Loan, Equipment Financing, and Line of Credit
• Transparency : Clear terms and repayment schedules with no hidden charges
• Financial Growth Support : Helps manage working capital, business expansion, and purchase of equipment or stock

L&T Finance Business Loans give you the advantage of a trusted financial partner that understands business needs and provides solutions that support long-term growth.

Types of Business Loans

Businesses have different financial needs depending on their size, operations, and goals. To support these needs, there are various types of Business Loans available. Understanding each type can help you choose the right loan for your requirements.

• Term Loan
  It is a lump sum loan provided for a fixed amount and repaid in regular instalments over a chosen tenure. It is ideal for expansion, upgrading infrastructure, or meeting large capital needs.
• Working Capital Loan
  These loans help to manage day-to-day operational expenditures such as salaries, rent, and raw materials. This loan supports a smooth cash flow during setbacks of revenue fluctuations.
• Equipment Financing
  It is used to purchase or add on machines, vehicles, or any other required equipment related to the business. Since the loan is secured to the equipment, it is easier to gain funding.
• Line of Credit
  Provides the flexibility of drawing funds whenever required to the approved limit. Interest is charged only on the amount utilised, making it suitable for businesses with seasonal or unpredictable cash flow.

L&T Finance Business Loans give you the advantage of a trusted financial partner that understands business needs and provides solutions that support long-term growth.