Sampan Financial Services Pvt Ltd offers specialized MSME loan services to support Micro, Small, and Medium Enterprises in achieving their business goals. With competitive interest rates, flexible repayment options, and quick approvals, MSME loans from Sampan Financial Services are designed to help businesses grow, expand, and manage cash flow efficiently. Whether it’s for working capital, business expansion, or equipment purchase, Sampan provides tailored financial solutions for MSMEs across various sectors.

MSME (Micro, Small, and Medium Enterprises) loans are financial products designed to provide funding for small and medium-sized businesses. Below are the key details regarding MSME loans:

1. Loan Purpose:

• Working Capital: To meet day-to-day operational expenses.
• Business Expansion: For scaling operations, opening new branches, or expanding production capacity.
• Machinery & Equipment: Purchase of new machinery or upgrading technology.
• Infrastructure Development: Setting up or renovating business premises.
• Inventory Purchase: To buy raw materials or finished goods.

2. Loan Amount:

• The loan amount typically ranges from ₹50,000 to ₹5 Crores depending on the business requirements, creditworthiness, and lender policies.

3. Eligibility:

• Business Type: MSMEs across various sectors, including manufacturing, trading, and services.
• Business Vintage: Minimum operational period of 1 to 3 years.
• Turnover & Profitability: A healthy financial history and consistent profitability.
• CIBIL Score: A minimum credit score of 650 or above is usually required.
• Documents Required:
  • Identity and address proof (Aadhar, PAN)
  • Business registration certificates
  • Financial statements (balance sheets, ITR, GST returns)
  • Bank account statements for the last 6-12 months
  • Loan application form

4. Interest Rates:

• Interest rates for MSME loans range from 8% to 18%, depending on the lender, loan tenure, and the borrower’s credit profile.

5. Loan Tenure:

• Tenure typically ranges from 12 months to 10 years, with flexible repayment options like EMIs or bullet payments.

6. Collateral Requirements:

• Secured Loans: MSME loans can be backed by collateral, such as property, equipment, or inventory.
• Unsecured Loans: Some lenders offer unsecured MSME loans based on the business’s credit profile and financial stability.

7. Government Schemes:

• PMMY (Pradhan Mantri Mudra Yojana): Loans up to ₹10 Lakhs under the Shishu, Kishore, and Tarun categories.
• CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises): Provides collateral-free loans.
• Stand-Up India Scheme: Loans between ₹10 Lakhs to ₹1 Crore for SC/ST and women entrepreneurs.

8. Benefits:

• Quick Processing & Approval: Minimal paperwork and faster loan approvals.
• Flexible Repayment: Options based on business cash flow.
• Tailored Loan Amount: Based on the specific needs of the business.
• Tax Benefits: Interest paid on business loans can be tax-deductible.

9. MSME Loan Application Process:

• Step 1: Submit the loan application form with required documents.
• Step 2: The lender assesses the business’s creditworthiness and financials.
• Step 3: Loan approval and disbursement, often within 7-15 working days.

Sampan Financial Services Pvt Ltd offers customized MSME loan services, ensuring that businesses can access the right funding solutions tailored to their specific needs.