We understand that some business dreams need that extra push to see the light of day. Our SME Loans are here for just that. Catering to the funding needs of small and medium enterprises, our quick and hassle-free SME Loans are tailor-made for your varied business requirements. So be it expanding a small business or accumulating funds for new purchases – rest assured, there's Mahindra Finance by your side.
Who can avail SME Loans?
SME loans are offered to companies/partnership firms in select sectors like automobiles, auto-ancillary, light engineering and food and agri-processing.
- The company/firm must be in business for at least 3 years with profit in the last audited financial year
- Greenfield projects can be considered only from established players in that business
- Dealer inventory funding loans can be considered for established dealers of reputed automobile OEMs
What documents would I require?
- Company profile including existing product range
- Promoter profile including KYC details
- Purpose of the loan
- Security offered
- Audited balance sheets of the last 3 years
The credit officer might require additional documents during the credit evaluation.
To apply, just email us at SME.firstname.lastname@example.org and we will get back to you.