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Business & MSME

Term Loan

Structured medium-to-long term funding for capex, expansion, machinery or business growth.

Interest rate
10.5% – 18% p.a.
Loan amount
₹5 lakh – ₹25 crore
Tenure
3 – 10 years
Processing fee
1% – 2%

Eligibility

  • 3+ years business vintage
  • Profitable operations for last 2 years
  • Clear purpose of funds

Documents required

  • KYC
  • GST returns
  • ITR + financials (3 yr)
  • Project report / asset quotation
  • Bank statements

Key features

  • Fixed or floating rate options
  • Structured EMI schedule
  • Capex and expansion funding
  • Longer tenure than working capital

Best for: Capex, expansion, machinery, factory setup, long-term business assets.

Insider tip: Match the loan tenure to the asset life — short tenure on long-life assets strains cashflow.

Why apply through Moneymax Fingrow

  • 19 years of lending expertise and ₹1,048 Cr+ disbursed.
  • 48+ banks & NBFCs compared in a single application.
  • Doorstep document pick-up across Chennai, Bengaluru, Hyderabad and Mumbai.
  • Transparent fees, lowest negotiated rates, end-to-end handholding till disbursal.
Moneymax

Ramesh K. from Chennai got Business Loan of ₹38,00,000

Sanctioned via Moneymax • 2 minutes ago