Loans for Business: How Godrej Capital Empowers MSMEs?
For over 127 years, the Godrej Industries Group has been a devoted supporter of the Indian economy, witnessing the entrepreneurial spirit that drives countless MSMEs (Micro, Small and Medium Enterprises) across the nation. Godrej Capital is rooted in this legacy. The company understands the nitty-gritty of business ownership – the late nights, the calculated risks, and the unwavering determination to see your venture flourish.
MSMEs are the backbone of the Indian economy, and their growth is vital for the nation's progress. Godrej Capital offers a suite of financial solutions specifically designed to empower your business ambitions. Here's how Godrej Capital’s Loans for Business help you navigate the twists and turns of your entrepreneurial journey.
Understanding Your Needs
Every business is unique, and a one-size-fits-all approach simply doesn't cut it. At Godrej Capital, the company takes time to understand your specific requirements and challenges. Whether you're looking to expand your operations, invest in new equipment, or manage seasonal fluctuations, there’s a right solution for you.
Different types of loans for Business at Godrej Capital are secured loans for business like Loan Against Property, Udyog Loan Against Property, Commercial Property Loan, Lease Rental Discounting; and unsecured loans for business like Business Loans, Professional Loan for Chartered Accountants, and Professional Loan for Doctors
Types of Loans for Business
Loan Against Property (LAP)
Unlock the potential of your existing property with a Loan Against Property from Godrej Capital. This loan offers a substantial amount of money against your mortgaged property to meet your diverse business needs, from purchasing inventory to funding marketing initiatives. LAP comes with attractive interest rates, flexible repayment options, and a hassle-free application process.
Moreover, with a high loan-to-value of 85%, unlock maximum value from your property. LAP also comes with a high loan tenure of 25 years, making it easy to spread your EMI payments over a long loan tenure.
With a loan interest rate starting at just 9.75% p.a., you can get loan amount up to INR 15 crore.
Udyog Loan Against Property (Udyog LAP)
Specifically designed for small businesses, Udyog Loan Against Property from Godrej Capital can be used to leverage the value of your property to get the capital needed to take your business to the next level.
Another key feature of this type of loan is that Udyog LAP considers a wide range of collateral and multiple income sources to offer you higher eligibility. The on-ground support team ensures that you unlock the maximum value of your property and that your multiple income modes are considered.
Udyog Loan Against Property comes with a loan tenure of up to 15 years, higher loan amount of up to INR 3 crore, and interest rates starting from just 11% p.a.
Business Loan
No collateral? No worries. Business Loan from Godrej Capital can be availed without a collateral. It can be used for your various business needs and you can secure funds up to INR 50 lakhs.
Business Loan offers ‘Design Your EMI’ so you can pay EMIs as per your cashflow and business needs. One of the other unique features of this type of loan is BizRewards. BizRewards rewards you for timely EMI payments, allowing you to redeem vouchers on various merchant portals like lifestyle, entertainment, travel, etc..
Also Read: 8 Advantages of Business Loans for MSMEs
Commercial Property Loan
A Commercial Property Loan from Godrej Capital can help you finance the construction, extension, or improvement of your commercial property. The institution offers plans designed for your business needs, with lower interest rates, a higher loan-to-value ratio, and flexible EMI options. This can help you grow your business by giving you the capital you need to invest in your property.
Some of the features of this loan are loan amount of up to INR 10 crore, loan to value up to 70%, Loan tenure of up to 25 years, and interest rates starting from 9.75% p.a.
Lease Rental Discounting
With Godrej Capital's Lease Rental Discounting (LRD), you can secure a loan of up to INR 35 crore without selling your valuable assets. Whether you aspire to start a business, reach financial goals, or invest in education, LRD offers an industry-leading Loan-to-Value (LTV) of up to 70%. And the best part? There are no strings attached to how you use these funds. Your money, your choices.
Other features include extended loan tenure of 15 years and flexible repayment solutions.
Professional Loan for Chartered Account (CA)
A Professional Loan for Chartered Accountants from Godrej Capital can help you expand your practice. This loan is available without collateral and can be used for various purposes. You can get financial aid for up to INR 50 lakhs for things like upgrading equipment, hiring new staff, and improving your facilities. The loan process include flexible repayment options, so you can tailor them to your business needs.
Another feature of this type of loan includes BizRewards i.e. rewards on timely payment of loans.
Professional Loan for Doctors
A Professional Loan for Doctors from Godrej Capital can help you elevate your professional growth. These collateral-free loans can be used for upgrading a clinic, hiring skilled staff, or improving facilities. The company offers swift approvals and incentives for punctual EMI repayments, making it a convenient way to finance your medical practice's growth. Loan amount for this type of loan can go up to INR 35 lakh.
Why Should You Choose Godrej Capital’s Loans for Business?
Flexi Funds
Godrej Capital’s Loans for Business come with an overdraft-like facility, Flexi Funds. This gives you a pre-sanctioned limit so you can withdraw and repay funds instantly at the click of a few buttons online. This helps you avoid a lengthy loan process and address your business needs immediately. The best part? You only pay interest on the funds you utilise.
Also Read: Overdraft Facility and Flexi Funds: All You Need to Know
Tailored Solutions
Godrej Capital doesn't believe in a generic approach. The loan products are designed to cater to your specific business needs and growth goals.
Quick Sanctions
Time is money. That's why the company strives to provide quick loan approvals to get the funds you need without delay.
Flexible Repayment Options
Godrej Capital recognizes that business cash flow can fluctuate. The flexible repayment plans allow you to structure your payments in a way that aligns with your income cycle.
Competitive Interest Rates
Explore competitive interest rates on Godrej Capital loans, minimizing your financial burden and maximizing your return on investment.
Hassle-Free Process
The application process is designed to be simple and straightforward, saving you valuable time and effort.
Godrej Capital: Your Growth Partner
Godrej Capital believes in being more than just a financial provider. The company aims to be a committed partner in your entrepreneurial journey. The company offers valuable resources and support to help you navigate the complexities of running a business.
Also Read: A Complete Guide to the Different Types of Loans Available in India
Taking Your Business to New Heights
With Godrej Capital by your side, you have a reliable partner who understands the challenges and rewards of being an MSME owner. The company’s tailored financial solutions, coupled with the commitment to your success, empower you to take your business to new heights. Get in touch with Godrej Capital today and unlock the full potential of your MSME!
Still have questions? Learn more from Knowledge Center
Frequently Asked Questions
- What types of loans are offered for businesses by Godrej Capital?
Godrej Capital offers secured loans like Loan Against Property, Udyog Loan Against Property, Commercial Property Loan, and Lease Rental Discounting; it also offers unsecured loans like Business Loans, Professional Loan for Doctors, Professional Loan for Chartered Accountants.
- Who is eligible for Godrej Capital’s Loans for Business?
Eligibility criteria may vary for each loan product. It is usually dependent on business vintage, borrower’s age, credit score, profitability, and some other factors. Visit www.godrejcapital.com to learn more.
- How to calculate monthly EMI for my loan?
Estimate your monthly EMIs with a simple EMI calculator. Click here to use.
- What are the unique features of Godrej Capital’s Loans for Business?
Loans for Business by Godrej Capital come with various features like flexible repayment plan (Design Your EMI), Flexi Funds, quick sanction and disbursals, BizRewards, and more.
- What are the uses of Godrej Capital’s Loans for Business?
You can use Loans for Business for various business needs like managing working capital, overcoming cash flow gaps, consolidating existing debts, etc.
Disclaimer:
The contents of this article are for information purposes only & not a financial advisory. For more details, please refer to the product or service document and/ or connect with our customer representative prior to making any financial decision. The information is subject to update, completion, revision, and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
Financing through Godrej Finance/Godrej Housing Finance Limited. Product Terms & Conditions apply, for details visit https://www.godrejcapital.com
