Buying an Existing Business? Get Instant Loans: Types, Eligibility, and How to Apply

• Acquiring an established business offers a ready customer base, product portfolio, and organized services, providing a strong foundation for growth.
• Loans are crucial for maintaining cash flow, managing risks, accelerating growth, and leveraging tax benefits when purchasing a business.
• Lenders assess your financial health (cash flow, debt-to-income ratio, credit score) and the target business's profitability for loan approval.
• Explore various loan types like Small Business Loans, Standard Bank Loans, Seller Financing, and Alternative Lenders, comparing their terms and interest rates.
• Moneycontrol offers instant digital loans up to ₹50 lakh with interest rates starting from 10.5% per annum, requiring KYC and EMI selection.

Why It Matters: Securing a loan for an existing business requires strong financials, a good credit score, and a profitable target business.