Business loans can be availed for funding business needs like working capital needs, investing in a new project, purchasing equipment or for the expansion of a business. One of the main benefits of business loan is that it does not require any collateral or security. Here is an exhaustive list of the features of Skylite Business Loan.
Once you submit the applications, we scrutinize your application and approve the loan within 24 hours. The loan approval is followed by the disbursal process.
Skylite business loan come with flexible repayment tenure. This is a key feature of our business loans that makes them an attractive funding option for businessmen.
You get what you applied for, no hidden fees or undisclosed costs. We provide direct communication and clear terms are defined.
Skylite Business loans can be availed by the self employed, limited and private liability company, manufacturers and service providers.
Prime Capital Credit Union have certain eligibility criteria that must be fulfilled by the applicant. Loans are easily approved without wasting much time.
Check EligibilityThe applicant must be 21 years to 65 years of age
The applicant must have run the business for the last 3 years
The annual business turnover must be $300 or more with a minimum profit of $10.
Show the the las 2 years income tax returns
If you know which product you would like to apply for, choose one from below:
Fast Business Cash loans are ideal for covering short term needs. This is a convenient way to inject cash into a business whenever it is needed..
Flexible Credit Line is designed to meet the demand for crisis-prevention and crisis-mitigation lending for countries with very strong policy frameworks and track records in economic performance.
Unsecured Term Loan is a loan that doesn't require any type of collateral.
Merchant Funding is simply working capital advanced to business owners for financing purposes. Skylite Lenders offer an immediate lump sum to the you.
This is a loan specifically for small businesses.
This is a business loan that is backed up with some form of collateral.
Business Loan
Businesses require an adequate amount of capital to fund startup expenses or pay for expansions.
A business loan is debt that the company is boligated to repay according to the loan's terms and conditions.
Lenders want to know how the business intends to use the Prime Capital Credit Unioned money, so business owners must make sure to have a clear outline of how the money will be spent.
Frequently Asked Questions
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