Fullerton India Credit Company Limited
FULLERTON INDIA CREDIT COMPANY LIMITED
SME Loans

SME Loans

Fullerton India strives to provide small to medium enterprises with a complete financial solution to maximize their business growth. We act as your partner to help support and grow your business to take it to the next level, delivering cost effective solutions across geographies with a flexibility that is unmatched by our competitors. With our wide network, we have the influence and expertise to help our customer reach new heights – shaping the industries of tomorrow.

Your success is at the centre of what we do. We are dedicated to building and maintaining long-term partnerships with entrepreneurs from a wide range of industries and our ultimate goal is to provide you with a customized financial solution around your business, giving your growth ideas the attention they deserve.

  • Fullerton India Advantage

  • Documentation

  • FAQs

  • Choose from a variety of programs
    1. Long Term Loans
    2. Business Installment Loans
    3. Interest Only Servicing Loans customized to suit your business requirement
  • Loans up to 80% of property value
  • Wide range of acceptable collaterals
  • Blend of Short Term and Long Term loans to help customize the most preferred repayment options
  • Benefit from high tenor loans of up to 15 years
  • Financial statements of the last 3 years
  • Bank statements of the last 6 months
  • KYC documents
  • Loan Repayment Details
  • Relevant collateral documents
  • Who can apply for a SME Loan?
    Manufacturers, Traders, Small & Medium Enterprise Owners with a minimum turnover of ` 10 Crores and at least 5 years in business can apply for an SME Loan.
  • What are the products offered under SME Loans?
    Fullerton India offers SME Loans under 4 variants, namely, Long Term Loans, Business Installment Loans, Revolving Business Loans (where interest only gets serviced) and Lease Rental Discounting.
  • What is a Long Term Loan?
    These are loans that can be availed for meeting long term working capital or for purchase of equipment, plant & machinery or Real Estate. We accept a broad suite of collaterals that range from commercial, residential and industrial property.
  • What is a Business Installment Loan?
    Business Installment Loans are loans which are used to meet medium term working capital needs. This will be a fully amortizing facility with a proviso to offer top-up for the principal repaid in nine months subject to certain credit checks (including those in Credit Bureau).
  • What is the selection criterion for SME Loans?
    Fullerton India assesses the business of the customer across 8 broad parameters. The criteria include: years in business, management experience, tangible net worth, credit history, revenue trends year-on-year, interest cover and obligations of all existing loans.
  • What is acceptable as collateral for applying for a SME Loan?
    Fullerton India accepts
    1. Residential property owned and occupied by the borrower / promoter
    2. Ready commercial property (shop, offices, franchise outlets) owned and occupied by the borrower/ promoter (primary Collateral)
    3. Ready residential / commercial properties which are partly rented and partly self - occupied
    4. Industrial property owned and occupied by the borrower

We do not accept under-construction properties as collateral.

We offer a maximum Loan to Value (LTV) of 85% based on the categorization of the collaterals. Please get in touch with our Relationship Manager for further details.

*Conditions apply: Loans are at the sole discretion of Fullerton India and are subject to guidelines of the Reserve Bank of India. Fullerton India may engage the services of marketing agents for the purpose of sourcing loan assets in certain locations.

Business Loans