{"id":658,"date":"2023-02-18T06:34:28","date_gmt":"2023-02-18T06:34:28","guid":{"rendered":"https:\/\/arkfinanceservices.com\/?page_id=658"},"modified":"2023-04-13T07:25:09","modified_gmt":"2023-04-13T07:25:09","slug":"business-loans","status":"publish","type":"page","link":"https:\/\/arkfinanceservices.com\/index.php\/business-loans\/","title":{"rendered":"Business Loans"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"658\" class=\"elementor elementor-658\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-42207b7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"42207b7\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c5a0993\" data-id=\"c5a0993\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c0afa6d elementor-widget elementor-widget-heading\" data-id=\"c0afa6d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Business Loan<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ecf9adf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ecf9adf\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-731684b\" data-id=\"731684b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70b4e28 elementor-widget elementor-widget-text-editor\" data-id=\"70b4e28\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A business loan is one of the best ways to overcome the problem that you are facing while running the business like expanding your business, increasing your inventory, recruiting and hiring new talented employees, improving your business\u2019s cash flow, moving your business to a new location, improving and expanding your marketing. There are many types of business loans, some of them are bank loans, mezzanine financing, asset-based financing, business cash advances, and cash flow loans.<\/p><h5>Business Loan Eligibility<\/h5><p>Some of the basic eligibility criteria for business loan from ARK Finance Services are as follows:<\/p><ul><li><strong>Eligible Entities-\u00a0<\/strong>self employed with own business or proprietor \/ partner \/ director of an existing business<\/li><li><strong>Nationality-\u00a0<\/strong>Resident Indian<\/li><li><strong>Age criteria-<\/strong>\u00a0Age between 25 \u2013 65 years<\/li><li><strong>Turnover-\u00a0<\/strong>Minimum annual turnover of INR 10 lakhs per annum and profit after taxes of INR 2 lakhs per annum<\/li><li><strong>Business Experience-\u00a0<\/strong>Must have a business that has been existing for at least 3 years, with stable income and profits for the past 2 years<\/li><li><strong>Credit Score-\u00a0<\/strong>CIBIL score of 750 or higher<\/li><\/ul><h5>Documents for Business Loan<\/h5><p>Documentation for business loan application involves basic KYC documents (PAN, Address proof), Bank Statements and business documents. Here is a list for your quick reference.<\/p><ul class=\"CommanListBox marT-0\"><li>Recent photograph<\/li><li>Valid Identity Proof such as PAN card, Driving License<\/li><li>Valid Address Proof such as Electricity bill, Passport<\/li><li id=\"bl_how_to_apply\">Bank statements<\/li><li>GST or ITR<\/li><li>Income proofs<\/li><li>Proof of Business existence (like Certificate of Incorporation, etc.)<\/li><\/ul><div><h2>\u00a0<\/h2><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Business Loan A business loan is one of the best ways to overcome the problem that you are facing while running the business like expanding your business, increasing your inventory, recruiting and hiring new talented employees, improving your business\u2019s cash flow, moving your business to a new location, improving and expanding your marketing. There are &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/arkfinanceservices.com\/index.php\/business-loans\/\"> <span class=\"screen-reader-text\">Business Loans<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","_joinchat":[],"footnotes":""},"class_list":["post-658","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/pages\/658"}],"collection":[{"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=658"}],"version-history":[{"count":16,"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/pages\/658\/revisions"}],"predecessor-version":[{"id":1081,"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/pages\/658\/revisions\/1081"}],"wp:attachment":[{"href":"https:\/\/arkfinanceservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}