Apply Now & Get Fastest Sanction Offers
Term Loan Overview
At FinLends Loan Consultancy, we specialize in providing comprehensive term loan solutions through our extensive network of partner financial institutions. As your trusted loan consultancy partner, we understand that businesses require substantial funding for various purposes - from business expansion and equipment purchase to infrastructure development.
Through our strategic partnerships with nationalized banks, private banks, and NBFCs across India, we ensure that our clients receive the most competitive interest rates, flexible repayment terms, and seamless loan processing experience. Our role as a loan consultancy is to bridge the gap between borrowers and lenders, making the complex world of term loans accessible and manageable for our valued clients.
Our Trusted Lending Partners
Empowering Your Financial Goals with Trusted Lending Partners
Disclaimer: All bank logos are the property of their respective owners and are used for reference only.
Why Choose Finlends for Term Loan
-
Industry Expertise
- With years of experience in loan consultancy, our team possesses deep knowledge of the term loan landscape across different financial institutions.
- Our consultants understand the nuances of various lender policies, market trends, and regulatory requirements, enabling us to navigate complex loan scenarios with ease and confidence.
- We provide one-on-one consultation to understand your specific financial needs and recommend the most suitable term loan options.
- Our relationship managers take time to analyze your business requirements, cash flow patterns, and repayment capacity to suggest customized solutions that align with your financial goals.
- From initial consultation to final disbursement and beyond, we provide comprehensive support throughout your loan journey.
- Our commitment extends to post-disbursement services, ensuring smooth EMI management, handling any queries, and assisting with future financial requirements.
- Strong partnerships with leading public sector banks offering government-backed security and competitive rates.
- These established relationships ensure reliability, transparency, and access to government-sponsored schemes that can benefit your business growth.
- Access to innovative loan products and faster processing through established private banking relationships.
- Private banks offer cutting-edge digital solutions, flexible terms, and personalized service that cater to modern business needs.
- Flexible lending solutions with quicker approvals and customized terms for diverse borrower profiles.
- NBFCs provide alternative lending options with relaxed eligibility criteria, making them ideal for businesses that may not qualify for traditional bank loans.
- Our loan consultancy leverages relationships with multiple lenders to secure the most competitive interest rates.
- We negotiate on your behalf, comparing offers from various partners to ensure you get the best possible terms in the market.
- Streamlined application process through our established partnerships reduces approval and disbursement time.
- Our direct relationships with decision-makers at partner institutions enable quicker turnaround times compared to individual applications.
- Our expertise in documentation and application preparation significantly increases your chances of approval.
- We understand what each lender looks for and prepare your application accordingly, maximizing success probability.
- Our extensive partner network ensures that regardless of your business type, sector, or financial profile, we have suitable lenders who specialize in your requirements.
- Multiple partnerships reduce dependency on single institutions and provide backup options if one lender's policies change or become restrictive.
- From large corporations to small businesses, from established companies to startups, our partner network covers the entire spectrum of borrower requirements.
- Access to multiple lenders allows us to continuously benchmark rates and terms, ensuring our clients always get competitive offers.
Key Features & Benefits of Term Loan
-
Loan Amount Flexibility
- Small Businesses: ₹5 lakhs to ₹50 lakhs for working capital and expansion
- Medium Enterprises: ₹50 lakhs to ₹5 crores for equipment and infrastructure
- Large Corporations: ₹5 crores to ₹100 crores+ for major expansion projects
- Individual Requirements: ₹1 lakh to ₹50 lakhs for personal and professional needs
- Short-term: 1-3 years for immediate working capital requirements
- Medium-term: 3-5 years for equipment purchase and business expansion
- Long-term: 5-7 years for major infrastructure and capital expenditure projects
- Flexible Repayment: Seasonal repayment options available for certain business types
- Competitive Rates: Starting from 8.5% per annum through our partner network
- Fixed vs. Floating: Choose between fixed and floating rate options based on market conditions
- Rate Negotiation: Our consultancy team negotiates the best possible rates with partner lenders
- Transparent Pricing: No hidden charges - complete fee structure disclosed upfront
- Secured Loans: Property, equipment, or business assets as collateral for better rates
- Unsecured Options: Based on creditworthiness and business performance
- Third-party Guarantee: Corporate or personal guarantees accepted
- Mortgage Options: Residential or commercial property mortgage for higher amounts
Eligibility Criteria For Term Loan
-
Eligibility Criteria For Businesses
- Business Vintage: Minimum 2-3 years of operational history
- Annual Turnover: Minimum ₹40 lakhs for small businesses
- Profitability: Positive cash flow and profitable operations
- Credit History: Clean credit record for business and promoters
- Legal Compliance: All statutory compliances up to date
- Professional Experience: Minimum 3 years of practice
- Annual Income: Minimum ₹4 lakhs per annum
- Professional Qualification: Relevant degree/certification in the field
- Client Base: Established client relationships and steady income
- Office Setup: Proper office premises with professional setup
How Finlend Works on Term Loan
-
Step 1: Initial Consultation
- At FinLends, we begin with a comprehensive consultation where our experts conduct detailed requirement analysis to understand your specific term loan needs and financial objectives.
- We perform thorough financial assessment, reviewing your creditworthiness, cash flow, and repayment capacity to determine eligibility.
- Our team then undertakes strategic lender matching, identifying the most suitable partners from our network of nationalized banks, private banks, and NBFCs based on your profile.
- We conclude by providing preliminary advice on optimal loan amount, tenure options, and documentation requirements to set clear expectations.
- Our consultancy team provides complete assistance in document collection, helping you gather all required papers including financial statements, identity proofs, and business documents.
- We undertake professional application preparation, ensuring accurate and compelling presentation to maximize approval chances.
- Our unique approach involves multiple submissions to several pre-selected partner lenders simultaneously, increasing your approval odds.
- Throughout this phase, we maintain regular follow-up coordination with all lenders, tracking application status and addressing any queries promptly.
- During this phase, our partner financial institutions conduct lender evaluation of your applications based on their credit policies and risk parameters.
- Our experienced team engages in strategic rate negotiation, leveraging established relationships to secure the best possible interest rates and favorable terms.
- We perform detailed offer comparison, analyzing multiple proposals from different lenders including rates, fees, and tenure options.
- Based on comprehensive analysis, we provide professional recommendation on the most suitable offer that aligns with your financial goals and repayment capacity.
- We coordinate with your chosen lender for final approval, ensuring all conditions are met and additional requirements are fulfilled promptly.
- Our team assists with sanction letter review, explaining all terms, conditions, and repayment structures in detail.
- We provide comprehensive support with legal documentation, coordinating proper execution of loan agreements and security documents.
- Throughout this process, we conduct thorough compliance checks to verify all regulatory requirements are met before proceeding to disbursement.
- The final step involves coordinating the disbursement process with the lender to ensure timely fund transfer to your account while meeting all conditions.
- We assist with account setup, helping establish EMI auto-debit instructions and online banking access for smooth loan management.
- Our commitment extends beyond disbursement through ongoing support for any queries or payment issues throughout your loan tenure.
- We maintain long-term relationship management with both clients and lenders, facilitating future requirements and ensuring positive lending relationships.
List of Required Documents For Term Loan
-
Identity & Address Verification
- Aadhaar Card with latest address
- PAN Card (mandatory for all loan applications)
- Passport / Driving License / Voter ID (additional identity proof)
- Recent utility bill (electricity / gas / telephone) or bank statement
- CKYC Number / KYC Acknowledgment (if available)
- Professional qualification certificates (CA / CS / Doctor / Engineer / Lawyer licenses)
- Professional registration certificates with respective councils
- Office lease agreement / ownership documents
- Client list & major contract copies (if applicable)
- Income Tax Returns (ITR) – last 3 years with acknowledgment
- Computation of income certified by Chartered Accountant
- Bank statements – last 12 months (all accounts)
- Professional receipts & billing records
- CA certification of annual income & business turnover
- Form 26AS (tax credit statement)
- Registration Documents
- Certificate of Incorporation / Partnership Deed / LLP Agreement
- Memorandum & Articles of Association (for companies)
- GST Registration Certificate with latest returns
- Trade License / Shop & Establishment License
- Professional Tax Registration Certificate
- Udyam / MSME Registration (if applicable)
- Shareholding Pattern of Company
- Financial Statements
- Audited Balance Sheet & Profit & Loss – last 3 years
- Income Tax Returns (ITR) – last 3 years
- GST Returns – last 12 months
- Bank statements – last 12 months (all business accounts)
- CA-certified provisional financials (if latest audit pending)
- Projected Balance Sheet & P&L – next 2–3 years
- Board Resolution for loan application & guarantee
- Promoter / Director Information
- PAN & Aadhaar of all directors / partners
- Personal bank statements – last 6 months
- Personal ITR – last 2 years
- Net worth statement of promoters / guarantors
- Property Documents
- Original Sale Deed / Conveyance Deed
- Title Deeds & Chain of Title documents
- Encumbrance Certificate – last 15 years
- Property Tax receipts & No Dues Certificate
- Approved building plan & completion certificate
- Property valuation report (bank-approved valuer)
- Possession / Occupancy Certificate (if applicable)
- Equipment / Asset Documents (for Asset-Backed Loans)
- Purchase invoices & ownership documents
- Insurance policies for equipment & machinery
- Depreciation schedule & asset register
- Quotations for new equipment / machinery
- Technical feasibility report
- Project-Specific Documents (Business Expansion / New Project)
- Detailed Project Report (DPR)
- Market feasibility study & demand analysis
- Technical feasibility report with cost estimates
- Cost of Project & Means of Finance statement
- Implementation schedule / project timeline
- Environmental clearance certificate (if applicable)
- Land documents & site approval certificates
- Working Capital Term Loan
- Stock statements & inventory valuation reports
- Creditors & Debtors aging analysis
- Detailed list of creditors & debtors
- Major customer & supplier agreements
- Cash flow projections – next 2–3 years
- Working capital cycle analysis
- Insurance & Risk Management
- Life insurance policies of promoters / applicants
- Key person insurance (for businesses)
- Asset insurance policies
- Professional indemnity insurance (for service businesses)
- Collateral insurance (for mortgaged properties)
- Banking Relationships
- Banking arrangement letter from existing bankers
- Credit facility sanction letters from other banks
- Statement of existing loans & credit facilities
- CIBIL reports & credit history
- No Dues Certificates from previous lenders
- Account confirmation letter from bankers
- Regulatory & Compliance (Industry-Specific)
- Environmental clearance (for manufacturing units)
- Pollution Control Board approvals
- Fire safety certificate
- Labor law compliance certificate
- Industry-specific licenses & permits
- FSSAI license (food industry)
- Drug license (pharma / healthcare)
- Import Export Code (IEC) (if applicable)
Applicable Fees & Charges on Term Loan
-
Standard Processing Fees
- Nationalized Banks: 0.50% – 1.00% of loan amount
- Private Banks: 0.50% – 2.00% of loan amount
- NBFCs: 1.00% – 3.00% of loan amount
- Application processing fee: ₹1,000 – ₹5,000 (non-refundable)
- Credit appraisal charges: 0.25% – 0.50% of loan amount
- Technical evaluation fee (for project financing): ₹5,000 – ₹25,000
- Legal documentation charges: ₹2,000 – ₹15,000
- Stamp duty on loan agreement: 0.1% – 0.3% of loan amount (state-specific)
- Registration charges: ₹1,000 – ₹30,000
- Legal vetting of property docs: ₹5,000 – ₹20,000
- Valuation fees (per property): ₹3,000 – ₹15,000
- CA certification: ₹2,000 – ₹10,000
- Advocate charges: ₹5,000 – ₹25,000
- Insurance processing: ₹500 – ₹2,000
- Rate reset: Quarterly/Half-yearly
- Spread over base/MCLR: 1.00% – 5.00%
- Risk premium: 0.50% – 2.00%
- Mortgage creation: 0.10% – 0.25% of property value
- Property insurance premium: 0.15% – 0.50% per annum of property value
- Title insurance (optional): 0.05% – 0.10% of property value
- Property maintenance: ₹1,000 – ₹5,000 per annum
- Hypothecation creation: ₹2,000 – ₹10,000
- Asset insurance premium: 1.00% – 3.00% per annum of asset value
- Asset verification: ₹1,000 – ₹5,000
- Guarantee processing: ₹5,000 – ₹15,000
- Guarantor verification: ₹2,000 – ₹5,000
- Net worth assessment: ₹3,000 – ₹10,000
- Late payment penalty: 1.00% – 2.00% per month on overdue amount
- Bounce charges (cheque/ECS): ₹500 – ₹1,500 per instance
- Reminder notice: ₹200 – ₹500 per notice
- Legal notice: ₹2,000 – ₹5,000
- Overdue interest: 1.00% – 3.00% p.a. above normal rate
- Compound interest on unpaid dues
- Recovery charges: As per actuals
- Fixed Rate Loans: 2.00% – 4.00% of outstanding principal
- Floating Rate Loans: 1.00% – 2.00% (sometimes NIL)
- Partial prepayment: 1.00% – 2.00% of prepaid amount
- Foreclosure processing: ₹5,000 – ₹15,000
- NOC issuance: ₹2,000 – ₹5,000
- Document return: ₹1,000 – ₹3,000
- Mortgage/hypothecation release: ₹2,000 – ₹10,000
- Annual maintenance: ₹1,000 – ₹5,000 per annum
- Statement generation: ₹100 – ₹500 per statement
- Duplicate documents: ₹500 – ₹2,000
- Account transfer: ₹2,000 – ₹10,000
- Tenure modification: ₹2,000 – ₹10,000
- Interest rate conversion: ₹5,000 – ₹15,000
- Security substitution: ₹5,000 – ₹25,000
- Loan restructuring: 0.25% – 0.50% of outstanding
- GST: 18% on all bank charges & processing fees
- GST on insurance: As per applicable rate
- TDS: May apply on interest payments
- Waiver/reduction of fees for existing good customers
- Loyalty program & multiple facility concessions
- Festival offers with reduced fees
- Corporate tie-up schemes
Frequently Asked Questions (FAQs) About Term Loan
A term loan is a monetary loan that is repaid in regular payments over a set period, typically used for business expansion, equipment purchase, or working capital requirements. FinLends, as a professional loan consultancy, assists clients by leveraging our partnerships with nationalized banks, private banks, and NBFCs to secure the best possible terms. We handle the entire process from documentation to disbursement, ensuring our clients get competitive rates and favorable conditions through our expertise and lender relationships.
As a specialized loan consultancy, FinLends offers several advantages over direct bank approaches: Access to multiple lenders simultaneously, increasing approval chances, Expert negotiation for better interest rates and terms, Professional documentation preparation reducing rejection risks, Time-saving through parallel processing with multiple partners, Ongoing support throughout the loan lifecycle, and Expertise in matching the right lender to your specific profile and requirements.
FinLends maintains strategic partnerships with three main categories of financial institutions: Nationalized Banks (like SBI, PNB, Bank of Baroda) offering government-backed security and competitive rates; Private Banks (like HDFC, ICICI, Axis Bank) providing innovative products and faster processing; and NBFCs (like Bajaj Finance, Tata Capital, Mahindra Finance) offering flexible terms and quicker approvals. This diverse network ensures we can find the most suitable term loan solution for every client profile.
Interest rates for term loans through our consultancy typically range from 8.5% to 18% per annum, depending on various factors including loan amount, tenure, borrower profile, security offered, and lender type. Nationalized banks generally offer rates between 8.5%-12%, private banks range from 9%-15%, and NBFCs typically charge 11%-18%. Our consultancy team works to negotiate the lowest possible rates based on your creditworthiness and relationship with partner lenders.
The term loan process through FinLends consultancy typically takes 15-20 working days from application to disbursement. This includes initial consultation, documentation and application preparation, lender evaluation and negotiation, approval and sanction, and final disbursement. However, the timeline may vary based on loan complexity, documentation completeness, and specific lender requirements. Our consultancy ensures the fastest possible processing through established partner relationships.
Document requirements vary by borrower type and lender. Typical requirements include: Business registration documents, GST certificate, financial statements, ITR for 3 years, bank statements, and promoter KYC. For secured loans: property documents and valuation reports. Our consultancy team provides a customized document checklist based on your specific requirements and preferred lender.
Yes, FinLends can assist new businesses and startups through our specialized NBFC partners who offer more flexible lending criteria. While traditional banks typically require 2-3 years of operational history, certain NBFCs in our network consider startups with strong business plans, promoter background, and adequate security. We also help access government-backed schemes like CGTMSE guaranteed loans, and startup-specific term loan products available through our partner network.
If your application is rejected by one lender, FinLends consultancy provides several alternatives: We simultaneously apply to multiple partner lenders to maximize approval chances, Analyze rejection reasons and address specific concerns before reapplying, Recommend alternative lenders with different credit policies, Suggest ways to strengthen your application (improving credit score, additional security, co-applicant), Explore different loan products that might be more suitable, and Provide guidance on improving eligibility for future applications. Our consultancy ensures you have multiple options and backup.
Term Loan EMI Calculator
Calculate your EMI for different interest rates, loan amounts and loan tenures, using Finlends’s EMI Calculator.
Principal Amount
Interest Amount
Loan EMI
66,736
Loan EMI
₹66,736
Principal Amount
₹50,50,000
Interest Amount
₹29,58,335
Total Payable Amount
₹80,08,335
How to use Finlends’s EMI Calculator?
Finlends’s EMI Calculator is easy, intuitive, and instantaneous. Calculate the EMI for your Home Loan, Car loan, Personal Loan, Education Loan, or any other fully amortising loan using our EMI Calculator.
All you need to do:
- The loan amount you wish to avail (in rupees)
- The term of your loan (in months or years)
- The rate of interest (in percentage)
Use the slider to adjust values or enter them directly. The EMI Calculator will instantly update and show a pie chart of Total Principal Payable vs Total Interest Payable.
Step 1
Enter your Loan Amount
Step 2
Set Interest Rate
Step 3
Choose Loan Tenure
Result
View EMI & Break-up