U GRO Capital Business Loan

 UGRO Capital is a lending platform that employs data technology in a bid to address the credit deficit faced by small businesses in India. By leveraging a robust distribution network and data-technology methodology, the company provides both collateralized and non-collateralized business loans to Micro, Small, and Medium Enterprises (MSMEs) across diverse sectors.

The interest rates for a UGRO Capital Business Loan are contingent on various factors such as the borrower's profile, loan quantum, loan period, collateral security, among others. Rates typically fluctuate within a broad spectrum, which can be accessed after a comprehensive assessment of the aforementioned parameters.

The quantum of loans provided by UGRO Capital can extend up to a significant amount, subject to the individual's business needs and creditworthiness. The tenure for loan repayment is also flexible, extending up to a substantial number of years, offering borrowers the convenience of planning their repayments over an extended time frame.

Processing fees for a UGRO Capital Business Loan can be up to a certain percentage of the loan amount sanctioned, and these are non-refundable. The fees for part prepayment or loan foreclosure may vary based on the nature of the loan (secured or unsecured) and the loan tenure.

  The necessary documents for a UGRO Capital Business Loan include various identification proofs for the business entity and its proprietors/partners/directors, the company's GST registration certificate, previous year's bank statements and income tax returns, and audited financial statements. Additionally, proof of business location and ownership, proof of collateral security (if applicable), and any other documents per UGRO Capital's discretion may also be required.