Ace extends business loans for:
Establishing New Businesses
Purchase of Machines & Equipments
Working Capital
- Financing up to 80% of the total cost
Loan Period/ Repayment
- Maximum period of 5 years; depending upon the business.
- Interest payments monthly or quarterly and principal at least on yearly basis.
Transaction size
- Minimum loan amount: Rs. 200,000/-
Pricing
- Interest rates will be determined and periodically reviewed to be in line with the market