Running a business means paying for business related expenses. Funds are a pre-requisite for expenses such as start-up expenses, business expansion, working capital, etc. When adequate funds are not available, businesses can avail funds from external lenders such as Banks and NBFCs for such expenses, and the funds that are availed are known as business loans. Thus, business loans are debts that a company must repay in accordance with the terms and conditions in the loan agreement.
To apply for a business loan, go to the Business Loan page and select from an array of options offered by Ruloans Partner Banks and NBFCs to apply.