What’s more, with interest-only EMIs to pay, you pay 45 per cent lower EMIs, which significantly reduces the amount you need to household appliance injection mold Factory shell out monthly. All this, so that your main interests are vested in the growth and development of your business and not wasted in worrying about repayment.Perfect for times when your real estate business faces a snag or when you switch from plastic packaging to biodegradable packaging to comply with regulatory norms, this loan offers a high sanction at nominal interest rates.Take your business to new heights as you #FinanceYourBusinessTheFlexiWay. Bajaj Finserv’s Flexi Business Loan allows you to borrow what you need and choose to pay interest-only EMIs.Here’s an example: With a sanctioned loan amount of Rs 10 lakh and utilised amount of Rs 5 lakh at 15Per cent interest rate for a tenor of 5 years, you pay Rs 23,790 as EMI. Whether you need to source working capital during an offseason or finance your business expansion, you can always count on the Flexi Business Loan from Bajaj Finserv that proves convenience comes at no extra charges or compromises.
However, with Bajaj Finserv’s Flexi Business Loan, this worry is now a thing of the past. Just borrow from your sanctioned limit according to what you require and pay interest only on the amount you use!Pay your dues when you receive what’s due to youYou already know that getting your business into the big league is only an opportunity away. While you may plan to use approximately Rs 5 lakh, you may wish to borrow Rs 10 lakh to be on the safe side. However, with a Flexi Business Loan, you pay EMIs of Rs 13,550. Rather than relying on traditional forms of credit, borrow funds like you run your business—on your own terms—with a Flexi Business Loan from Bajaj Finserv.Pune: Keeping your company up and running requires both a sound strategy and the right funds to put the pedal to the metal.Borrow all you need for periodic, planned, unplanned expensesWith funds up to Rs 30 lakh, you never need to worry about meeting your business’ financial requirements. Take a look at how you can #FinanceYourBusinessTheFlexiWay. Using the example given above, you can expect to pay Rs 7,500 instead of Rs 13,550 when you opt for interest-only EMIs. This way you can fund business growth now and repay your loan when you finally receive the payment for your orders later.
Don’t lose the opportunity just because you worry about balancing the scales with loan repayment and your working capital requirements. This way, you can #FinanceYourBusinessTheFlexiWay without sacrificing substantial funding. This amounts to Rs 1,22,880 of annual savings. Check your pre-approved offer and expedite your financing with instant approval because when it comes to business every minute counts!. However, say with an interest rate of 15Per cent, you will be required to pay interest on the whole Rs 10 lakh and not just your used amount of Rs 5 lakh with a traditional business loan. This means that you can get approved for a high loan sanction and borrow funds as and when you need them and pay interest only on the amount used and not entirely the amount sanctioned. You can then repay the principal amount at the end of your tenor. This makes for Rs 72,600 worth of annual savings when you choose interest-only EMIs.Pay for just what you useWhile you like to be prepared and have the necessary finances in order to deliver the quality your brand promotes, you may worry about exceeding your budget by overborrowing. Testing out potential equipment to speed up your manufacturing? Now you need not to apply for a second loan to buy more machines at a later date
afngutuld