Secured Business Loans

Acquire convenient funding for general corporate purposes, against unencumbered security.

Apply for Secured Business Loans
Features and Benefits
  • Finance amount: Based on valuation of property
  • Tenure: Up to 7 years linked to business cycle
  • Security: Normally asset cover of 1.5 to 2 times
Eligibility and Documentation

Eligibility:

SME loans are offered to companies/partnership firms in select sectors like automobiles, auto-ancillary and food and agri-processing.

  • The company/firm must be in business for at least 3 years with profit in the last audited financial year
  • Greenfield projects can be considered only from established players in that business
  • Dealer inventory funding loans can be considered for established dealers of reputed automobile OEMs

Documents required:

  • Company profile including existing product range
  • Promoter profile including KYC details
  • Purpose of the loan
  • Security offered
  • Audited balance sheets of  the last 3 years

The credit officer might require additional documents during credit evaluation.
To apply, email us at SME.solutions@mahindra.com and we will contact you.