Term Loan
"Growing Business, Driving Progress”
Meridian Finance SME Loans offer agile and tailored financial solutions for working capital, machinery, infrastructure, and expansion needs. We support the backbone of the economy — empowering small and medium enterprises to transform ideas into impact and businesses into lasting success stories.
- Financing for business expansion, machinery/vehicle acquisition, working capital requirement etc.
- Long term loan tenure up to 5 years
- Without collateral/security for small business
- No prepayment charges for small enterprise
- Convenient repayment mode
- Partial/Full prepayment option
- No hidden charges
- Medium and small industries involved in manufacturing, service, trading, and agro-based business can avail
- Minimum 7 years of business experience is required for the Key business person
- Minimum 30 years of age (exception is subject to the business experience)
- Physical existence of business premise is required with minimum 3 years of consecutive operation
- Clear successor is required in case of small and medium sized business
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