U GRO Capital Business Loan

The fees and charges for availing U Gro Capital Business Loans include:

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Purpose: U Gro Capital offers business loans to play schools or daycare centers to support their growth and expansion initiatives. These loans can be utilized for various purposes, including upgrading facilities, expanding into new neighborhoods, and enhancing operational capabilities. Both franchisees and standalone play schools/daycare centers are eligible to apply for this loan.

Eligibility: To qualify for this business loan scheme, applicants must meet the following criteria:

• Proprietors, partnership firms, LLPs, private limited companies, and closely held limited companies with a minimum of 5 years of work experience or business vintage are eligible.
• Age Criteria:
• For borrowers: Up to 65 years at the time of loan maturity.
• For co-borrowers: Between 23 years to 65 years at the time of loan maturity.

Loan Amount:

• Unsecured Business Loans: Rs. 10 lakh to Rs. 50 lakh.
• Secured Business Loans: Rs. 25 lakh to Rs. 5 crore.

Loan Tenure:

• Unsecured Business Loans: 1 to 3 years.
• Secured Business Loans: 1 to 10 years.

Purpose: This secured business loan scheme aims to provide financial assistance to both franchisees and standalone schools for various purposes. These include acquiring land, constructing classrooms, renovating existing facilities, improving or adding student amenities, procuring classroom furniture and equipment, funding teaching resources, and maintaining the quality of teaching and non-teaching staff.

Eligibility: The eligibility criteria for this business loan variant for K-12 schools are as follows:

To qualify for this business loan variant for K-12 schools, applicants must meet the following eligibility criteria:

• Proprietors, partnership firms, limited liability partnerships (LLPs), private and public limited companies, trusts, and societies with a minimum of 5 years of work experience or business vintage are eligible.
• Schools should be affiliated with state boards, CBSE, ICSE, IGCSE, or international boards (not applicable to play schools).
• A minimum of 150 students for schools affiliated with international boards and 450 students for schools affiliated with state, CBSE, ICSE, or IGCSE boards.
• The entity must obtain and document all necessary regulatory approvals from fire, health, municipal, and sanitation departments. If a school falls under the jurisdiction of a gram panchayat, approval from the panchayat is required.
• Schools should offer education up to Class XII level (K12), including additional facilities such as play schools, residential, and boarding schools, operating through classroom teaching mode only.
• Each entity should have at least one school offering classes up to a minimum of 8th standard.
• Age Criteria:
• For borrowers: Up to 65 years at the time of loan maturity.
• For co-borrowers: Between 23 years to 65 years at the time of loan maturity.

Loan amount: Rs 25 lakh to Rs 5 crore

Loan tenure: 1 to 8 years

Purpose: This loan is available to small and medium-sized businesses in the agro-chemical industry. It helps them with things like covering day-to-day expenses, buying or upgrading equipment, getting stock, paying upfront for supplies, and investing in research and development. U Gro Capital provides two types of loans: secured and unsecured, depending on the needs and circumstances of the business.

Eligibility: Here are the requirements for getting a business loan from U Gro Capital for agro-chemicals:

• You can be a sole proprietor, part of a partnership firm, limited liability partnership (LLP), private limited company, or closely held limited company.
• Your business should have been operating for at least 5 years.
• Age: The age criteria for business loan borrowers are as follows:
• For borrowers: 65 years at the time of loan maturity
• For co-borrowers: 23 years to 65 years (at the time of loan maturity)

Loan amount: For unsecured business loans, you can borrow from Rs 10 lakh to Rs 50 lakh, and for secured business loans, the range is from Rs 25 lakh to Rs 5 crore.

Loan tenure: The repayment period for unsecured loans is between 1 to 3 years, and for secured loans, it can be from 1 to 10 years.

Purpose: U Gro Capital provides loans for businesses in various chemical sectors like agro chemicals, specialty chemicals, and more. These loans can be secured or unsecured and are used for things like covering day-to-day expenses, buying stock, making advance payments, and taking advantage of cash discounts.

Eligibility: The eligibility requirements for U Gro Capital Business Loans for chemical traders are simple:

• Business entities like proprietorships, partnerships, LLPs, private limited companies, and closely held limited companies must have at least 5 years of business experience.
• For age, borrowers should be up to 65 years old at the time the loan matures, and co-borrowers should be between 23 to 65 years old at the time of loan maturity.

Loan amount: For unsecured business loans, you can borrow from Rs 10 lakh to Rs 50 lakh, and for secured business loans, the range is from Rs 25 lakh to Rs 5 crore.

Loan tenure: 1 to 3 years (for unsecured business loans) and 1 to 10 years (for secured business loans)

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