Up to 1 year
As soon as 2-4 weeks
Often required collateral
Startups often need funds to buy equipment and inventory, hiring talents, or cover operational costs. Whether you are in the startup phase, have been in the business for a while, or just need to ensure positive cash flow, access to startup loans is a vital component for your dream business to grow and thrive. Securing startup funding is one of the best ways to build business credit, retain ownership, and protect personal wealth. Keep doing it your way, and Smansha will help you find and choose the best startup loan offers and secure the amount you need.
A startup business loan is any kind of funding taken by individuals who want to start a new business, or a young business looking to expand its current operations. Startup funding comes in many forms, including (but not limited to)
Startups often have poor credit, no business history, and cash flow to lend favourable loans through traditional banks. Since you can’t qualify for the loans, you face a lot of difficulties including an inability to expand operations or increase supply to meet demand. A startup loan gives power to you to invest in your small business to meet various unique financial needs. It can help you grow, refine, and push your business towards a brighter future. Moreover, a startup loan can prove to be a great decision if you’re running an emerging startup business and need some extra cash at your disposal.
How a startup business loan can be used?
No matter what situations you are using startup funding, you’ll want to get the best terms possible. With a plethora of lenders from across the country, Smansha is able to match you with the best startup loan providers for your specific financial needs.
Applying for a startup loan with Smansha is as easy as a pie. Free Sign up with our secure and innovative lending platform to get started for safe and worry-free funding. Compare loan options from our partners of 40+ lenders to find the perfect funding for your business. Receive your funds within 24 to 48 hours (on approval).
Though the qualification criteria for startup loans vary from lender to lender, here are some
basic requirements for a startup business loan:
Set up an account with Smansha right away to launch your startup to greatness. At Smansha lending marketplace, our lending partners will help you get a quick approval within 48 hours.
Easily repay your Startup loan as per your business’ cash flow. The tenor can be up to 25 years.
There are some loan hidden charges that banks don’t tell you. At Smansha, we think you deserve loan charges that are clear and transparent – with no hidden costs.
Startup loans offered by our lending partners have nominal fees associated, making them light on your pocket.
Smansha helps you compare interest rates, terms, and payments for a variety of lending options, so you can choose the one that meets your business's unique financial needs.