Meca Finance
Business Loan
Grow your business without draining your savings. We compare secured and unsecured business loans from multiple banks and NBFCs and help you present your business in the best light.
Key features
- Unsecured and secured options
- Working capital, term loans and overdraft limits
- Machinery and equipment finance
- Options for businesses with short credit history
- Help structuring GST and bank-statement-based applications
Who can apply
- Business vintage — usually 1–3 years depending on the lender
- Steady turnover reflected in bank statements or GST returns
- Proprietors, partnerships, LLPs and private limited companies
Documents needed
- PAN card
- Aadhaar card or other address proof
- Passport-size photographs
- Business registration / GST certificate
- Last 6–12 months’ bank statements
- ITR and financials for 1–2 years
Eligibility criteria and documents vary by lender. Approval, rate and terms are decided by the lender.
FAQ
Business Loan: common questions
Can I get a business loan without collateral?
Yes — many lenders offer unsecured business loans based on your turnover, banking and repayment history. Secured loans against property usually offer higher amounts and lower rates.
My business is new. Can I still apply?
Some lenders consider businesses with a shorter vintage, especially with good banking or a co-applicant. Share your details and we’ll tell you which lenders are a realistic fit.
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