MSME Loans - Unlock Your Business Potential with Bravima Solution

What are MSME Loans?

MSME Loans are financial products specifically designed to provide funding for Micro, Small, and Medium Enterprises (MSMEs). These loans empower businesses to achieve growth, sustain operations, and seize new opportunities. MSME Loans are ideal for:

• Expanding business infrastructure
• Procuring equipment or machinery
• Managing working capital
• Meeting seasonal business demands
• Launching marketing campaigns

Key Features of MSME Loans

Our MSME Loans come with features designed to simplify the borrowing process and make financing more accessible:

• Loan Amount: Avail up to ₹2 Crore based on your business profile and eligibility.
• Interest Rate (ROI): Starting from 7.5% per annum*.
• Flexible Tenures: Repayment terms ranging from 12 to 60 months.
• Zero Percent Commission: No hidden charges, processing fees, or additional costs.
• Quick Disbursal: Funds disbursed within 48 hours of approval.
• Collateral-Free Options: Access unsecured loans without pledging assets.
• Customizable Loans: Solutions tailored to meet your unique requirements.

Benefits of Choosing Bravima Solution

1. Trusted NBFC Partnerships: We collaborate with India’s best NBFCs to bring you reliable and secure loan options.
   2. Hassle-Free Process: With minimal paperwork and online application, you can secure funding quickly.
   3. Zero Percent Commission: Enjoy complete transparency with no extra charges or hidden fees.
   4. Expert Guidance: Our dedicated team of experts will guide you through every step of the process.
   5. Quick Turnaround: From application to disbursal, the entire process is fast and seamless.

Eligibility Criteria for MSME Loans

To ensure a smooth loan application process, ensure that your business meets the following criteria:

• Business Type: Proprietorships, partnerships, private limited companies, LLPs, and self-employed professionals.
• Business Vintage: At least 2 years of operational history.
• Annual Turnover: Minimum turnover of ₹20 Lakhs (varies by lender).
• Applicant Age: 21 to 65 years.
• Credit Score: A CIBIL score of 750 or higher is preferred but not mandatory.
• Profitability: Your business should demonstrate consistent profitability over the last 2 years.

Documents Required for MSME Loans

Ensure you have the following documents ready to speed up the loan approval process:

1. KYC Documents: Aadhaar Card, PAN Card, Passport, or Voter ID.
2. Business Registration Proof: GST registration, trade license, or incorporation certificate.
3. Financial Records: Audited balance sheet and profit and loss statements for the last 2 years.
4. Bank Statements: Statements for the last 12 months.
5. Income Tax Returns: Filed ITR for the past 2 years.
6. Ownership Proof: For collateral loans, property or asset documentation.

Types of MSME Loans

1. Working Capital Loans: Designed to meet day-to-day operational expenses like purchasing raw materials or paying salaries.
2. Term Loans: Used for long-term investments such as expanding your infrastructure or acquiring new machinery.
3. Machinery Loans: Specifically aimed at funding the purchase or upgradation of business equipment.
4. Overdraft Facility: Provides flexibility in managing fluctuating cash flow requirements.
5. Invoice Discounting: Access funds by leveraging unpaid invoices as collateral.

How to Apply for MSME Loans

We’ve simplified the loan application process for you. Follow these steps:

Step 1: Fill the Online Application Form

Visit our website and complete the online application form with basic details such as:

• Name
• Business Name
• Loan Amount Required
• Contact Information

Step 2: Upload Documents

Upload the required KYC and financial documents directly on the platform.

Step 3: Review and Approval

Our experts and NBFC partners will review your application. You’ll receive approval within 48 hours.

Step 4: Receive Funds

Upon approval, the loan amount will be credited directly to your bank account.

Interest Rates and Fees

*Interest rates may vary depending on your business profile and lender policies.

Common Uses of MSME Loans

• Expanding business operations.
• Purchasing equipment or raw materials.
• Hiring skilled employees.
• Launching new product lines or services.
• Meeting seasonal demand or cash flow gaps.