When Opportunity Knocks,We Fund
Because collateral-free business loans should adapt to your revenue patterns, not restrict them.
What is a Business Loan?
A business loan is a collateral-free financing option designed to help manage working capital, expand operations, purchase equipment, or bridge short-term cash flow gaps. Orenda helps businesses compare curated funding options up to ₹30 crore across banks and NBFCs, based on profile, structure, and lender fit.
Different Business Needs, Different Loan Structures
Not all businesses earn or spend in the same pattern. Some need a one-time disbursal. Others need revolving access, invoice-backed liquidity, or short-term support linked to receivables.
Term loan
Repayment style
Fixed EMI
Key note
Suitable for expansion, machinery, store setup
Dropline OD
Repayment style
Interest on utilised amount, reducing limit
Key note
Matches operating cash flow
Hybrid OD
Repayment style
Flexible early stage, structured later
Key note
Useful when revenue ramp-up is expected
Bill discounting
Repayment style
Linked to approved invoices
Key note
Improves liquidity without waiting for customer payments
Supply chain finance
Repayment style
Short-term linked funding
Interest charged on
Useful for trade cycles and purchase orders
Business Loan EMI Calculator
Loan Amount
₹Rate of interest (per annum)
%Tenure
YYour EMI
₹ 16,607
per month
₹ 5,00,000
₹ 97,858
Total payable
₹ 5,97,858
Common Use Cases of a Business Loan
A business loan can be used for a wide range of operational and growth needs. Some of the most common use cases include:
Working Capital Needs
Funds can help manage day-to-day business expenses such as payroll, rent, inventory purchases, and vendor payments during cash flow gaps.
Business Expansion
Businesses often use loans to open a new branch, scale operations, or enter a new market without disrupting existing cash flow.
Equipment & Machinery Purchase
Loan funds can be used to buy new machinery, upgrade production equipment, or invest in technology that improves efficiency.
Inventory & Stock Purchase
A business loan can help maintain adequate stock levels, especially before seasonal demand or large sales cycles.
Office Setup & Infrastructure
Borrowers may use the loan for office interiors, workspace setup, furniture, technology, or other infrastructure requirements.
Debt Consolidation
Existing business liabilities can be combined into a single repayment structure to simplify cash flow management and reduce repayment stress.
Vendor, Buyer, or Supply Chain Cycle Support
Some businesses use loans to bridge delayed receivables, manage supplier payments, or fund purchase-order-related requirements.
Factors Affecting Business Loan Interest Rates
Business loan interest rates start from 12.5% p.a. onwards. The final interest rate offered may vary depending on the lender, loan structure, and the overall business profile.
Cash flow and banking behaviour
Lenders assess your transaction patterns and cash management.
Business vintage and stability
Longer track record typically means better terms.
Credit profile and repayment history
Clean credit history improves pricing and approval odds.
Turnover and financial performance
Revenue stability and growth trajectory matter.
Loan type and structure
Different structures carry different risk profiles.
Lender-specific policy
Each lender has unique appetite and pricing models.
How Our AI Matching Works
Lender Criteria Built In
Our platform is pre-loaded with eligibility rules from multiple banks and NBFCs.
AI-Based Assessment
Our AI securely evaluates your profile against these criteria—without unnecessary hard checks.
Smart Lender Matching
Get personalised quotations based on your requirement. We match borrowers with the most suitable lenders.
Eligibility Criteria
Business Loan Eligibility Criteria
- Minimum 2 years of active business operations.
- Sufficient monthly cash surplus to service EMIs.
- Credit score around 700 or above preferred by many lenders.
- Timely repayment track record across existing loans and credit facilities.
- Acceptable debt burden relative to net business income.
- Recognised entity type such as proprietorship, partnership, LLP, or company.
Documents Required
Requirement
Business applicants
Business bank statement
Latest 12 months bank statement
Financial statements
Latest ITR or audit report
Basic business details
Nature of business and years of operation
No credit bureau inquiry is done at this stage. Indicative eligibility and possible loan options are shared before formal login.
Business Loan Interest Rates, Fees and Charges
Item
Details
Interest rate
Typically starts from 10.50% p.a. and may go up to 24% p.a.
Processing fee
Usually 0.75% to 3% of sanctioned amount.
Prepayment / foreclosure
Often 2% to 5% on outstanding principal, mainly on fixed-rate or short-tenure loans.
Stamp duty / legal charges
Charged as per state laws and documentation requirements.
Questions? We've Got Answers.
Match Your Business to the
Right Funding Structure
See whether a term loan, OD, or receivables-based structure fits your business better before you apply.
