A bridge loan is a short-term financing solution designed to provide you with immediate funds while you await permanent financing or complete a major financial transaction. Think of it as a temporary bridge, enabling you to smoothly navigate critical financial junctures without compromising your long-term plans.
At SIIA Advisory, we understand that every business is unique. That's why we offer a customized approach for Bridge Loan solutions. With our team when it is utilized strategically, can be a valuable tool for navigating temporary financial hurdles and propelling your financial progress.
Tailored Solutions: We understand no two financial situations are identical. We customize loan terms, amounts, and interest rates to perfectly suit your unique needs and timeline.
Competitive Rates: We leverage our extensive industry relationships to secure you the most competitive bridge loan rates, minimizing your financial burden.
Fast and Efficient: We streamline the application and approval process, ensuring you receive the funds you need promptly, often within days.
Expert Guidance: Our experienced financial advisors are here to guide you every step of the way, from assessing your needs to choosing the optimal loan solution.
To be eligible for a Bridge Loan at SIIA Advisory, you must meet the following criteria:
- Your business must be registered in India.
- Your business must have a positive credit history.
- Turnover should be 25 crore or above
- You must have a good CIBIL score.
The following documents are typically required for a Bridge Loan application:
- Type of Company- Proprietorship Firm
- Proprietor KYC- Pan Card, Aadhar Card, & Photograph
- Co-Borrower KYC- Pan Card, Aadhar Card, & Photograph
- Firm Registration Certificate- GST and UDYAM
- GST Return 3B Copy- Last 12 months
- Last 2 Years Audited Financial- ITR & Computation of Income & Tax audited reports, P&L and Balance sheet
- Running loan Details –Individual Name & Firm Name- Repayment Schedule & Sanction letter –required
- Last 12 Month Bank Statement- From- 01-Apr-21 to till date- Bank PDF Format
- Ownership Proof- E-bill / House tax receipt
- Office Address Proof- Telephone bill/E-bill/rent Agreement
To apply for a Bridge Loan at SIIA Advisory, you can follow these steps:
1. Visit our website or give us a call to discuss your needs.
2. Our team of financial advisors will assess your requirements and develop a customized loan solution for you.
3. Once you're happy with the loan terms, you'll need to submit the required documents.
4. We'll process your application and get back to you with a decision shortly.
5. Once your loan is approved, you'll receive the funds within a few days.
At SIIA Advisory, we believe in teamwork. Our team of financial experts will work closely with you to understand your needs and goals, and develop a loan solution that's right for you. We'll also be there to guide you through the entire loan application process, from start to finish. Please note that all loans are subject to terms and conditions. Please carefully review the loan agreement before signing it.
The loan sanction amount for a Bridge Loan at SIIA Advisory depends on a number of factors, such as the size and stage of your business, your financial statements, and your credit history. However, we typically offer Business Loans ranging from:
- Maximum Amount – 25 Lakhs
- Minimum Amount – 25 Crore
- Equated Monthly Installment (EMI) – Every 15 days.