In the contemporary business environment, enterprise vision alone cannot address the multi-faceted demands of growth, adaptability, and sustainability. Businesses require tailored financial support. Today Finserv, a well-recognized name in the financial services sector, offers Commercial Loan Solutions that are flexible and tailored to the needs of businesses of all sizes. Today Finserv Commercial Loan  are strategically designed to assist startups in gaining working capital or supporting expanding enterprises in achieving growth milestones. 

What is a Commercial Loan?

Commercial Loan are offered to businesses to finance operational costs to cover activities such as infrastructure expansion, equipment purchase, or to boost the cash flow. Unlike personal financing, commercial loans have more structure to meet the needs of the businesses.

Today Finserv offers a variety of commercial loan products tailored to different industries, business sizes and financial goals . These loans can range from short-term working capital loans to long-term term loans and equipment financing.

Highlights of Today Finserv Commercial Loan Products

Differentiating themselves in the market, Today Finserv adheres to a cohesive technology-driven structure, prioritizes customer satisfaction, and places the client's best interest at heart. Listed below are some important pointers that Today Finserv has tailored to suit your business needs with regards to commercial loans:

Substantial Loan Amounts

Today Finserv has tailored its finances in a scalable business model, thus gives loans ranging from ₹5 lakhs to ₹5 crores. This model will empower both SMEs and large corporations with the funding they seek.

Business-Friendly Loan Repayment Period

Today Finserv balanced loan repayment period of 12 to 60 months gives this range of flexibility to businesses. This enables them to have a cash flow and financial forecast.

Competitive Pricing and Rates

Today Finserv calculates interest rates based on the applicant's credit, business history, and the mentioned amount. As such, businesses have access to better pricing and interest rates fostering healthy competition.

Prompt Loan Disbursal

Today Finserv technology-backed platform enables them to process applications more quickly compared to other financial service providers. Today Finserv is able to approve and disburse loans between 48 and 72 hours post documentation.

Less Than Average Documentation Required

The loan application process is simplified with the business  PAN , Aadhaar , proof of business registration , and bank statement. This is a relief in comparison to the rigorous documentation industry standards.

No Collateral Required (for Unsecured Loans)

Today Finserv offers unsecured commercial loan to qualifying businesses. This means you do not have to pledge any asset or property to receive funds.

Types of Commercial Loan Offered by Today Finserv

Working Capital Loans

Best suited for sustaining operational activities such as inventory, employee costs, leasing of business premises, and related utilities.

Term Loans

Best suited for expansion, acquisition of business assets, or investing in a new venture. Comes with longer repayment duration.

Machinery and Equipment Loans

Aids businesses to acquire new machinery or upgrade to modern equipment by offering financial support to avoid straining cash reserves.

Invoice Financing

Transform your unpaid invoices with Today Finserv's invoice discounting and factoring services to access cash in real time.

Business Line of Credit

Access pre-approved credit limits with the flexibility to withdraw as per business needs. Scheduled outlays are ideal for addressing short-term operational demands.

Eligibility Criteria

Today Finserv has clear and open eligibility criteria. This is the minimum most will require:

• Business operational for a minimum of 2 years
• Minimum annual turnover of ₹10 lakhs
• Age of the applicant 21 to 65 years
• Complete KYC documents
• Positive credit history (CIBIL score preferably above 700)

Documents

Although the documentation is minimal, it is advantageous to have the following ordered to expedite your application:

• PAN and Aadhaar of the business owner
• Business PAN or registration certificate
• GST registration
• Bank statements (last 6 to 12 months)
• Income Tax Returns (last 2 years)
• Financial statements (Profit & Loss and Balance Sheet)

Steps to Apply for a Today Finserv Commercial Loan

Applying for a Today Finserv commercial loan is simplified, as the process is fast and user-friendly. Below is the process to follow:

Visit the Today Finserv Website

The user is to navigate to www.todayfinserv.com/ and select the Commercial Loan option.

Complete the Online Form

Fill in the required fields such as your business name, level of funding required, and a telephone number for follow-up.

Submission of Documents

Send the required documents through the secure portal provided.

Receive Approval

Your application will be assessed and responded to within 24 to 48 hours by a member of the Today Finserv team.

Disbursement of the loan

Upon approval, your business will receive the required amount within 1 to 2 working days.

Why Today Finserv Stands Out for Your Commercial Loan?

• Customer focused approach: Guiding your every step of the loan process
• Technological Benefits: Loan applications are processed instantly with live updates
• No unethics: No undisclosed fees or confusing phrases and terms
• Zoning in: Every business has one, big or small, diverse loan range offers in many sizes and forms
• Bespoke Consultation: Financial professionals are standing by to guide and tailor the perfect loan strategy for you

When Should You Take a Commercial Loan?

• Opening additional branches for your business
• Stocking up on inventory or raw materials for the off season
• Upgrading your business in information technology or industry machinery
• Month-end employer or vendor payments during a cash crunch
• Introductions of new product lines or advertisement campaigns

With a commercial loan from Today Finserv , you gain far more than funding; you gain a collaborator in your business journey. The right financial partnership is critical whether your business is positioned for steady growth or aggressive expansion. Today Finserv customer-first policies, rapid disbursal, and tailored loan products make it one of the preferred lenders for commercial loans in India.

Looking to grow and expand your business? Today Finserv Commercial Loan  are available to propel your business leap toward successful expansion.