Business vintage, banking behaviour, turnover, profitability, tax records, credit profile and existing debt are commonly reviewed. Requirements differ by lender.
Frequently asked questions
Clear answers to common financial queries.
These answers are general guidance. The relevant institution’s final policy and written terms will apply.
The right structure depends on ownership, liability, governance, tax/compliance needs, future funding and the intended activity. A proprietorship, partnership, LLP, OPC and private limited company create different responsibilities.
No. CGTMSE provides a credit-guarantee framework for eligible credit extended by member lending institutions. The lender still assesses the business and decides sanction, terms and whether the facility qualifies for scheme coverage.
Accurate reporting generally cannot simply be removed on request. Rectification is appropriate for genuine data errors or supported reporting discrepancies. The relevant credit bureau and reporting lender decide corrections.
Not always, but it can reduce available options or affect terms. The overall profile, reason for past issues, current conduct and lender policy are also relevant.
Please first confirm the authorised submission channel with the team. Do not share OTPs, passwords or sensitive documents through an unverified number, email or link.
Please first confirm the authorised submission channel with the team. Avoid sending sensitive documents to an unverified number or link.
Eligible overseas courses and institutions may be considered. The course, institution, co-applicant, total cost, collateral requirement and lender policy will influence the decision.
No. Processing, legal, valuation and other charges can vary. Always review the lender’s official sanction terms and fee schedule before proceeding.
No. The website estimate is only a planning tool. Final approval depends on the lender’s credit assessment, document verification and internal policy.
Possibly. The lender will consider your current EMI commitments and disposable income before deciding whether an additional obligation is affordable.
Not necessarily. Applicability depends on turnover, activity, place of supply, compulsory-registration categories and current GST law. The specific facts should be checked before registration.
Income stability, age, existing EMI obligations, credit history, property acceptability, down payment and the chosen lender’s policy commonly affect eligibility.
No. Claims are decided by the insurer under the policy terms, disclosures and claim assessment. We encourage clients to understand inclusions and exclusions before purchase.
Market-linked returns are not guaranteed. Any investment discussion should consider goals, time horizon, liquidity and risk capacity.
Keep the machinery quotation, total project cost, expected contribution, implementation timeline, business financials, GST or tax records and banking information ready. The institution may request additional technical or security documents.
Business vintage, turnover, profitability, GST and tax records, banking conduct, promoter credit profile, existing exposure, cash-flow cycle and the proposed use of funds are commonly reviewed. Requirements differ by institution and facility.
It depends on why the funds are needed and how long they will be used. A recurring operating-cycle gap may point toward a working-capital facility, while machinery or expansion may need a term-based structure. The final route depends on profile and institution policy.
Usually the better starting point is the requirement: recurring cash-flow gap, machinery, expansion, receivables or property-backed funding. Product selection should follow the purpose, duration and cash-flow profile.
Timelines vary by product, lender, profile, property or business verification and document completeness. We will share realistic next steps after reviewing the requirement.
An eligible residential or commercial property may be considered for a business requirement, subject to clear title, valuation, cash flow, credit assessment and lender policy. It is important to understand the repayment impact before pledging an asset.
Yes, Fundwise Wealth supports enquiries across India, subject to the availability and serviceability of the relevant lender or provider.
OD and Cash Credit are revolving facilities commonly used for recurring working-capital needs, subject to the sanctioned limit and terms. A term loan is generally repaid through a defined schedule and may suit a longer-lived business investment.