Commercial Business Loan Service

Service Details

Commercial loans are designed for businesses that have moved beyond the startup phase and require substantial capital for sophisticated needs. At Blink Finance, we act as your strategic partner to navigate the complex corporate credit landscape, ensuring your application is positioned for maximum approval. Key Use Cases: Operational Expansion: Funding for new office spaces, warehouses, or retail outlets. Strategic Growth: Mergers, acquisitions, or diversification into new product lines. Working Capital Boost: Large-scale credit lines for inventory and supply chain management. Commercial Asset Purchase: Funding for company vehicles, heavy equipment, or IT infrastructure. Eligibility Criteria Entity Type: Private Limited Companies, Public Limited Companies, Large Partnerships, and LLPs. Business Vintage: Minimum 3 to 5 years of profitable operations. Turnover: Minimum annual turnover of ₹2 Crore to ₹5 Crore (preferred). Credit Profile: Strong corporate CIBIL score and a positive CMR (Credit Monitoring Report). Financial Health: Healthy Debt-to-Equity ratio and consistent Interest Coverage Ratio (ICR). ROI & Tenure Details Interest Rate (ROI): 8.75% to 12.00% p.a. (Reducing balance, based on credit rating). Loan Tenure: 3 to 7 Years (Flexible repayment schedules available). Funding Amount: ₹1 Crore to ₹100+ Crores. Processing Fee: 0.50% to 1.00% of the loan amount. List of Required Documents Corporate KYC: COI, MOA & AOA, Board Resolution, and GST Registration. Promoter KYC: PAN & Aadhaar of all Directors/Partners. Financial Records: Last 3 years of Audited Balance Sheets, P&L accounts, and Audit Reports (including schedules). Banking History: Last 12 months' statements for all operative business accounts. Tax Compliance: Latest GST returns (GSTR-3B) and ITR for the last 3 years. Existing Obligations: Sanction letters of all current loans and a track record of their repayments.