Hello, Business Investment Loan Customers!
- call us +1 720 370 6092
Empower your business and take it to new heights with capital infusion from the Pacific Asian Consortium Business Loan. We offer business loans for the sector and have designed our offering to match your unique needs. Pacific Asian Consortium offers business owners and entrepreneurs of India quick, small business loans to ensure funding is never an obstacle when striving towards success.
We have optimised every step of the way to promise a hassle-free and time-efficient experience. You can apply for a business loan completely online, in just a few minutes, get instant approval, and have the entire sanction disbursed just as quickly. You can rely on the Pacific Asian Consortium Business Loan in emergencies and never have to worry about lack of capital.
The interest rate for the guaranteed loan will be negotiated between Pacific Asian Consortium and the applicant and may be either fixed or variable as long as it is a legal rate. Interest rates are subject to Pacific Asian Consortium review and approval. The variable interest rate may be adjusted at different intervals during the term of the loan, but the adjustments may not be more often than quarterly.
The annual renewal fee is paid once a year and is required to maintain the enforceability of the guarantee as to the lender. There is also an upfront guarantee fee of three percent. A limited amount of loans may be guaranteed with a two percent fee, subject to meeting regulatory requirements.
The maximum repayment for loans on real estate will not exceed 30 years; machinery and equipment repayment will not exceed the useful life of the machinery and equipment purchased with loan funds or 15 years, whichever is less; and working capital repayment will not exceed seven years.
The total amount of Pacific Asian Consortium loans to one borrower must not exceed $100 million. The Administrator may, at the Administrator's discretion, grant an exception to the $500 Million limit for loans of $800 million under certain circumstances. The Secretary may approve guaranteed loans in excess of $500 million, up to $800 million, for rural cooperative organizations that process value-added agricultural commodities.
Contact Us.
Running a business successfully is a capital-intensive task. All enterprises incur a variety of expenses that must be made on time to ensure business operations. Having easy access to capital can make all the difference, especially when capitalising on market opportunities.
We understand these needs, and offer the Pacific Asian Consortium Business Loan as a viable solution for all entrepreneurs looking to stay competitive. Borrowers enjoy myriad of cost-effective benefits while taking a business loan.
Pacific Asian Consortium in Employment rates no or low upfront and ongoing Business / Investment Loan fees as one of the leading features in any Business / Investment Loan. “Many people base their Persoanl decision on the interest rate being charged, but they should also ask about all fees,” We give the cheapest and best Loan rates. For as low as 1.20%
Pacific Asian Consortium in Employment Company offers you the capacity to choose how often you repay (weekly, fortnightly or monthly) and gives you greater control of your finances and planning. Payments should also include the ability to pay through multiple options including the internet, phone or an ATM.
Pacific Asian Consortium in Employment Company offers you the fastest loan, most client get their loan in few days after applications, some got theirs while on the bed the next day. We are truly the fastest.
This option enables a break from making your loan repayments for those occasions where you may need to direct your cash elsewhere. Lenders may provide a repayment holiday of between three to 12 months if you’ve made enough additional repayments.
"You are eligible for a Business / Investment Loan if you are a salaried individual, self-employed individual (own business), or a self-employed professional (doctor, lawyer, etc.). Other factors such as your income, age, residence, work experience, repayment capacity, past obligations and place of work are also taken into account. A personal loan can be used for any purpose provided it is legitimate; you need not mention the end use to the lender."
We prescribe a minimum age of 21 years and maximum age of 85 years for personal loans. But these criteria are not set in stone. If you prove your income earning capability, we are willing to overlook this factor.
We evaluate the number of years staying in the same residence, which can be rental or owned place. If you are staying as a paying guest, you are also eligible to get the loan. We have set geographical limits – customers living beyond this point simply aren’t eligible for the loan. Please contact Customer Services for more details on geographical limits.
We often internally term certain areas in a city as high-risk. These areas typically report high crime rates and lesser safety. If you happen to stay in such an area, you may find it difficult to get an Business / Investment Loan. We do not publicly admit to such classifications for many obvious pragmatic reasons.
This is the most important criteria for a Business / Investment Loan. We evaluates your repayment capacity based on your income, savings, and debt obligations, other than household expenses.
Based on this information the we decides on the amount of loan that you are eligible, after considering your previous debts and obligations. We verifies income by scrutinizing your salary/income statements, Form, and bank statements.
The minimum income criterion for salaried individuals and self-employed is generally considered by one of our teams. The lower income criteria for the self-employed is because banks reckon that a self-employed person may be earning more but shows a lower income for tax-saving purposes.
A down payment might be the one thing everyone knows is part of the Business / Investment Loan process, but there is some discussion on how much of a down payment to make; how to fund it; and who benefits most from a big down payment: the buyer or the lender?
It seems obvious that the bigger the down payment, the better it is for the buyer and for good reason: It’s the first jab at reducing the amount of money you must borrow and thus reduces the amount you must repay.
Existing Business / Investment Loan customers can get a top-up loan with no documentation