What Are NBFC Business Loans?

NBFC Business Loans are financing options offered by Non-Banking Financial Companies to support the growth and operations of startups, small businesses, and MSMEs. Known for their quick processing, flexible eligibility, and minimal documentation, NBFC loans have become a go-to alternative for businesses that face challenges in securing traditional bank loans.

At Ashmaran Empower Solutions, we help you access the most suitable NBFC loan products to meet your unique business goals whether it’s working capital, machinery, or scaling operations.

Why Choose NBFC Loans Over Traditional Bank Loans?

Bank loans often come with rigid terms and strict approval criteria. NBFCs offer a more inclusive, faster, and practical route for entrepreneurs and small businesses that need working capital or short-term funds without collateral.

Key Advantages:

  • Speedy Loan Disbursement – Faster approvals, quicker access to funds

  • Low Documentation – Basic paperwork, no lengthy procedures

  • Flexible Tenure & Repayment – Custom options suited to your business cycle

  • Higher Approval Rate – Ideal for businesses with limited credit history

  • Unsecured Loan Options – No collateral required for select loan types

Types of NBFC Business Loans

Whether you need funds for operations, growth, or inventory, NBFCs offer a wide range of business loan products. We match you with the right option:

1. Working Capital Loans

Cover day-to-day business expenses without disrupting your cash flow.

2. Term Loans

Long-term capital for business expansion, infrastructure, or new projects (up to 10 years).

3. Machinery & Equipment Loans

Finance the purchase or upgrade of equipment, often secured by the asset itself.

4. Invoice Discounting / Invoice Financing

Unlock funds quickly by borrowing against pending customer invoices.

5. Business Line of Credit

A revolving credit facility for ongoing operational or emergency needs.

6. Merchant Cash Advance

Loan based on POS (Point-of-Sale) revenue — repayment linked to daily transactions.

7. Unsecured Business Loans

Collateral-free funding, ideal for startups and small businesses with urgent needs.

Benefits of Taking an NBFC Loan via Ashmaran Empower Solutions

We simplify the NBFC loan process while helping you unlock exclusive benefits:

  • Easy Access for Small Businesses & Startups

  • Quick Loan Sanctions & Minimal Waiting Period

  • Flexible Amounts & Tenures Based on Need

  • Eligibility Even with Lower Credit Scores

  • Loans Up to ₹5 Crore for Eligible Applicants

How to Choose the Best NBFC for Your Business Loan?

Before applying, we help you evaluate key factors:

  • Interest Rate & EMI Structure

  • Processing Time & Disbursement Speed

  • Loan Amount & Duration Flexibility

  • Collateral Requirements (if any)

  • Hidden Charges or Processing Fees

  • Customer Reviews & Support Responsiveness

We connect you with trusted NBFC partners that align with your credit profile and business vision.

NBFC Loan Eligibility Criteria

Though each NBFC has its own terms, here’s a general guide:

  • Business Type: Sole Proprietor, Partnership, Pvt. Ltd., or LLP

  • Operational History: Minimum 1–3 years in business

  • Annual Turnover: ₹10 lakhs and above

  • Credit Score: Ideally 650+ (but lower scores may be accepted)

  • Revenue & Profitability: Proof of consistent financial performance

Documents Required for NBFC Business Loan Application

NBFCs offer low-documentation loans, but key documents still include:

  • KYC Documents (Aadhaar, PAN, Passport, Voter ID)

  • GST Registration / Udyam Certificate / Business Incorporation Proof

  • Last 6–12 Months of Bank Statements

  • ITR for Previous 2–3 Years (for higher loan amounts)

  • Financial Reports – Profit & Loss, Balance Sheet, and Cash Flow

  • Collateral Proof (only for secured loans)

We offer end-to-end document preparation and application support to increase your approval chances.

Final Thoughts on NBFC Business Loans

NBFC business loans are a fast, flexible, and reliable source of funding for startups, MSMEs, and small businesses across India. Whether you’re launching a new project, purchasing equipment, or managing cash flow Ashmaran Empower Solutions is here to help you access the right NBFC funding at the right time.

Frequently Asked Questions : NBFC Business Loans

What is the best NBFC for business loans?

Popular options include Bajaj Finserv, Tata Capital, Aditya Birla Finance, and L&T Finance. Choose based on interest rates, customer reviews, and loan flexibility.

What is minimum cibil score required for NBFC loans?

A score of 650+ is ideal, but some NBFCs approve loans for lower scores with higher interest rates.

Are NBFC loans are better than Bank loans?

NBFC loans are faster, more flexible, and require less paperwork. However, banks may offer lower interest rates for high-credit businesses.

How much loan can I get from an NBFC?

NBFCs offer from ₹50,000 to ₹5 crore, depending on your business profile and turnover.