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SME Fast Track |
Axis Bank offers fast track loans for SMEs under the following schemes:
Business Loan against Property
Axis Bank´s BLAP provides a hassle free way of meeting your business needs of expansion and other long term funding requirements against the security of immovable residential or commercial property. BLAP is an EMI based loan and can be availed by Partnership firms, Private Ltd. Companies and Trusts. BLAP has the following features:
- Loans upto Rs 5 crores*
- Flexible repayment options of upto 10 years
- Attractive market related interest rates
- Fast processing and quick disbursement
Business Loan for Property
Looking to acquire an office space for your business? Axis Bank´s BLFP offers you a convenient way. It is an EMI based term loan and can be availed by Partnership firms, Private Ltd. Companies and Trusts. BLFP has the following features:
- Loans upto Rs 5 crores*
- Flexible repayment options of upto 10 years
- Attractive market related interest rates
- Fast processing and quick disbursement
Power Rent
Having a rental income from commercial property leased out to reputed corporates or Public Sector Units or Banks or Insurance Companies? Axis Bank´s Power Rent is just the right product for you. The product offering involves discounting the future receivables and providing an upfront loan to the landlord, thus extending immediate liquidity in the hands of the landlord. It is an EMI based term loan, which can be availed by Proprietors, Partnerships, Private Ltd. Companies and Trusts. Power Rent has the following features:
- Loans upto Rs 20 crores*
- Flexible repayment options of upto 10 years
- Attractive market related interest rates
- Fast processing and quick disbursement
Power Trade
At Axis Bank we understand the unique needs of the trader segment and we have tailor designed a specific product ‘Power Trade’ to meet your business needs. Axis Bank's Power Trade is a hassle free and flexible credit facility for meeting your working capital requirements like Cash Credit, Bills discounting, Export Credit, Bank Guarantee, Letter of Credit or a term loan.
- Loan upto Rs 1 crore*
- Stock statements to be submitted quarterly*
- Tenure - 1 year for Working capital and 3 years for Term Loans
- Security of 1.25 times of the loan value
Property Power
Axis Bank´s Property Power helps you meet your short-term funding needs and allows you to leverage every business opportunity that comes your way against the security of residential or commercial property.
- Loans upto Rs 5 crores*
- Tenure - 1 year
- Immovable Property as collateral
- Attractive market related interest rates
- Fast processing and quick disbursement
*Conditions Apply
Equipment Power
This product is a term loan facility with a tenor upto 48 months for purchase of construction, medical and office equipments. There is a standard list of equipments which the Bank would finance under the scheme and the maximum exposure permitted under the product is Rs. 100.00 lacs.
Zero Collateral Loans to SSI Units (ZCL)
Collateral free product to facilitates the SSIs, SSSBEs and software/IT related services to avail both working capital and term finance from the Bank. The facility is secured by guarantee cover of Credit Guarantee Fund Trust for Small Industries (CGTSI). Maximum loan amount under the product is Rs. 25 lacs. |
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