In the ever evolving world of business, having access to capital is crucial for staying ahead of the competition. Whether it’s scaling company operations, buying state-of-the-art equipment, or improving working capital, industrial loan play an integral role in driving sustainable growth. As a reliable partner in your growth journey, Today Finserv Industrial Loan offers specially tailored Industrial Loan to address the needs of today’s modern businesses.

What is an Industrial Loan?

An industrial loan is a subsector of business financing and is often associated with manufacturing units, production hubs, logistics centers, and other large-scale industries. The scope of these loans is vast and includes purchasing new machinery, overhauling infrastructure, upgrading technology, managing operational expenses, or enhancing working capital requirements.

Industrial loans often come with greater flexibility, larger amounts, and unique industry-related features that set them apart from traditional business loans. With Today Finserv, clients looking for industrial loans will experience a whole new level of accessibility, transparency, and efficiency.

Why Today Finserv Industrial Loan Is An Optimal Choice?

Today Finserv has an edge in the financial services industry by meeting business demands with custom loan products. Here are Today Finserv Industrial Loan unique features:

Generous Disbursement Ranges
Industrial projects often require business capital investment. Avail of Today Finserv loans starting from ₹10 lakhs up to ₹5 crores based on your business profile, financial health, and funding requirements.

Custom Repayment Flexibility
Repayment shouldn’t be a burden. Today Finserv allows businesses to take loans for 12 to 60 months giving them leeway to plan their cash flow allowing them the option to repay comfortably.

Competitive Interest Rates
Interest rates are one of the most crucial aspects of any loan. At Today Finserv, interest rates are estimated considering the client’s credibility, history, and financial results ensuring competitive and affordable interest rates.

Quick Loan Processing Time
Time is money. Today Finserv ensures fast loan processing and disbursal within 48-72 hours post document verification so that your business does not miss out on opportunities.

Reduced Documentation Requirements
Gone are the days of complicated paperwork. Today Finserv ensures that businesses face no hassle in acquiring any form of aid by reducing paperwork streamlined document requirements.

Highlights of Today Finserv Industrial Loan
Permit me to outline the primary highlights.

Feature Details

• Loan Amount ₹10 Lakhs to ₹5 Crores
• Tenure 12 to 60 months
• Interest Rate Starts from 10.5% per annum (subject to eligibility)
• Processing Time 48 to 72 hours
• Collateral Secured and Unsecured Options
• Documentation Minimal & Hassle-Free
• Loan Use Equipment Purchase, Factory Expansion, Working Capital, Infrastructure Development

Who Can Apply?

Today Finserv Industrial Loan caters to diverse Industries that include (but are not limited to):

• Manufacturing Units
• Engineering Firms
• Automobile & Ancillaries
• Pharmaceuticals
• Textile and Garment Factories
• Food Processing Units
• Warehousing & Logistics
• Construction & Real Estate Developers

Eligibility Criteria

The following basic criteria must be completed to apply for an industrial loan with Today Finserv:

• Business registration in India is mandatory.
• Atminimum, 3 years of business operations.
• Annual turnover of at least ₹1 crore.
• Good credit score (CIBIL score of 700 or above).
• Financial documents such as ITR, bank statements, and audited balance sheets must be available.

Required Documents

Make sure you have the following to apply:

• PAN card of the business and the authorized signatories.
• Business registration proof (GST, Udyam, MSME Certificate, etc.)
• Address proof (utility bills, lease agreement, etc.)
• Corporate income tax returns along with the company’s financial statements for the last two to three years.
• Bank statements for the last six to twelve months.
• For cases with machinery or expansion loans, a project report is needed.

Application Process

Applying for a Today Finserv Industrial Loan is quick and straightforward:

• Access from Website: Visit the Today Finserv website and complete the form under Apply Now.
• Submit Documents: Provide the necessary documents.
• Verification: Your application and documents are verified by the credit team.
• Approval: After approval, a loan offer will be provided which states the terms and conditions.
• Disbursal: After accepting the offer, the loan amount is transferred directly into your bank account.

Benefits for Your Business

Transform your business with Today Finserv Industrial Loan:

Boost Productivity
Enhance production by purchasing new equipment or increasing the scale of your plant.

Meet Market Demand
Stress-free cash flow management to meet operations ramp up for bulk orders or seasonal demand.

Strengthen Working Capital
Pay for daily operational expenses such as raw materials, employee wages, and utility bills.

Stay Ahead of Your Competitors
Through excessive rigorous spending on research and development, automation, and new innovation technologies, it would be easier to excel competitors within your industry.

Improve Financial Health
With structured repayment and set loan values, you can appropriately attend to your finances without struggling or adding undue pressure.

Why Today Finserv stands out?

• Your trusted financial partner, they have served over 10,000 businesses across India.
• Pan-India Presence: Reach across metros, Tier 2, and Tier 3 cities
• Customer Centric Approach: Assigned relationship managers and by the hour, customer service.
• Undisclosed practices: Full term disclosure and no hidden fees.

Ready to grow? Apply now!

Reaching your visionary self is only a step away utilizing Today Finserv Industrial Loan. Be it an aclaimed business or a growing enterprise, our loans are tailored towards your goals and ambitions.

In today’s world, leveraging the growth of industry is crucial to advance economic prosperity. You need the right financial support. Today Finserv Industrial Loan provides all the essentials for your business: speed, flexibility, transparency, and low cost. Whether planning for business expansion, technology upgrades, or operational enhancements, seize the opportunity NOW with Today Finserv to truly realize your industrial potential.