Overview of Corporate Loan Schemes for Startups
Corporate loan schemes for startups provide essential funding for growth, innovation, and operations. Loanpao partners with top lenders to offer tailored corporate loans and business loans for startups in India.
Why Startups Need Corporate Loans
Startups require capital for:
- Scaling Operations: Expand production or services.
- Technology Investments: Upgrade tech infrastructure.
- Working Capital: Manage daily expenses and cash flow.
- Market Expansion: Enter new markets or regions.
Types of Corporate Loan Schemes for Startups
Loanpao offers various corporate loan options:
Term Loans
For long-term investments with:
- Loan amounts up to ₹10 crore.
- Interest rates starting at 10.0% p.a.
- Repayment tenures of 1–7 years.
Working Capital Loans
For operational needs with:
- Loan amounts up to ₹5 crore.
- Interest rates starting at 11.0% p.a.
- Flexible repayment up to 3 years.
Government-Backed Schemes
Such as Startup India or MUDRA with:
- Subsidized rates from 8.0% p.a.
- Loan amounts up to ₹50 lakh.
- Collateral-free options for eligible startups.
Comparison of Corporate Loan Schemes
Loan Type | Loan Amount | Interest Rate | Tenure |
---|---|---|---|
Term Loan | Up to ₹10 crore | 10.0%–14.0% p.a. | 1–7 years |
Working Capital Loan | Up to ₹5 crore | 11.0%–15.0% p.a. | Up to 3 years |
Government-Backed Loan | Up to ₹50 lakh | 8.0%–12.0% p.a. | 1–5 years |
Loanpao’s Corporate Loans: Features and Benefits
Loanpao’s corporate loans for startups are designed for growth:
Key Features
- Quick Approval: Approvals within 48–72 hours.
- Minimal Documentation: Basic KYC and business proof.
- Flexible EMIs: Customizable repayment plans.
- RBI Compliance: Transparent terms with no hidden fees.
Eligibility Criteria
To apply for Loanpao’s corporate loans:
- Business Age: Minimum 1 year of operations.
- Revenue: Annual turnover of ₹10 lakh or more.
- Credit Score: Preferably 700+.
- Registration: Registered as a private limited company, LLP, or partnership.
Documents Required
- Aadhaar, PAN, or GST registration.
- Bank statements (6–12 months).
- Business plan or project report.
- Financial statements (if applicable).
How to Apply for Corporate Loans via Loanpao
Applying is simple and digital:
Steps to Apply
- Visit Loanpao’s application page.
- Enter business and loan details.
- Upload required documents.
- Get approval within 48–72 hours.
Why Choose Loanpao?
Loanpao offers competitive rates, fast disbursal, and expert guidance for startups.
Case Study: Startup Loan Success
A tech startup secured a ₹2 crore term loan via Loanpao at 10.5% p.a. for product development.