Unsecured Business Loan

There is no single business-vintage requirement applicable to every lender.

Many lenders prefer businesses with an established operating and financial track record of 3 years, but for small businesses a vintage of 1 year or more can also be considered. The actual requirement varies according to the loan product and lender's credit policy.

Not necessarily.

Some business loans may be available without collateral, subject to eligibility. Larger funding requirements may require property or other acceptable security.

Aura Fund can evaluate both secured and unsecured funding options depending on the requirement and borrower profile.

Yes, eligible businesses may qualify for unsecured business loans.

However, unsecured funding generally depends heavily on factors such as business turnover, profitability, banking conduct, credit history, business vintage and promoter profile.

Yes. Businesses can explore secured financing against eligible residential, commercial or other acceptable properties, subject to lender policies.

Such funding may provide access to higher loan amounts and longer repayment structures compared with certain unsecured products.

Yes. Aura Fund can evaluate Business Loan Takeover/Balance Transfer requirements.

The proposal may also be evaluated for additional funding or a top-up, subject to the new lender's eligibility and credit assessment.

Depending on the profile and lender policy, a takeover can potentially be structured with additional funding.

The eligible top-up amount depends on the borrower's repayment track record, financial position, collateral, existing exposure and the new lender's assessment.

Yes. Where appropriate, multiple existing liabilities may be evaluated for consolidation or refinancing.

The objective can be to create a more manageable financing structure, subject to lender eligibility and credit assessment.

A Business Loan is generally structured as a term facility with a defined repayment schedule.

Working Capital facilities are primarily designed to support the operating cash-flow cycle of a business and may provide revolving or structured access to funds.

The appropriate structure depends on the purpose of funding and the business's cash-flow requirements.

Yes. Business expansion requirements can be evaluated for appropriate debt-financing solutions.

Depending on the size and nature of the expansion, the requirement may be structured as a term loan, working capital facility, property-backed funding or a more customised financing solution.

Yes. We also evaluate large-ticket funding requirements for established businesses, corporates and promoters.

Depending on the transaction, funding may be structured through secured lending, working capital, project finance, structured debt or multiple lending institutions.

Lenders may evaluate:

• Business vintage
• Annual turnover
• Profitability
• Cash flows
• Banking conduct
• GST and tax compliance
• Credit history
• Existing liabilities
• Promoter profile
• Industry and business stability
• Collateral/security
• Purpose and end-use of funds

Each lender applies its own credit criteria.

There is no single credit-score threshold applicable to every lender or business loan product.

A stronger credit profile can support eligibility, but lenders generally consider the overall financial profile rather than credit score alone.

The interest rate may depend on:

• Credit profile
• Business financials
• Loan amount
• Tenure
• Security/collateral
• Existing banking relationship
• Business risk profile
• Loan structure
• Lender's prevailing pricing policy

The final interest rate is determined by the respective lender.

Tenure varies according to the product and lender.

Term loans may have multi-year repayment periods, while working capital and short-term facilities can have different renewal or repayment structures.

The final tenure is subject to lender approval.

The processing timeline depends on the product, complexity of the transaction, completeness of documentation, credit assessment, property verification and lender processes, but in general 5–7 working days is a reasonable timeframe.

Providing accurate and complete documents at the beginning can help reduce avoidable delays.

Yes. We can review the broad reasons for the rejection and assess whether another lender or a different financing structure may be appropriate.

However, an alternative lender is not guaranteed to approve the application, as every lender follows its own credit policy.

Yes. Businesses often have more than one funding requirement.

For example, a business may require loan takeover + top-up + working capital, or property purchase + working capital. Aura Fund can assess the requirements together and explore an appropriate overall funding structure.

You can contact Aura Fund with your basic business and funding details.

Our team will understand your requirement, assess the broad profile, identify potential financing options and guide you through the documentation and lender coordination process.

Call / WhatsApp +91 76250 65345 · Email Operation@aurafund.co.in