Yes, new businesses and startups can apply, though approval depends on your business plan, founder experience, industry potential, expected revenue, promoter investment, and future cash flow projections. Some lenders and government-supported programs are specifically designed to support early-stage businesses.
Want a personalised answer for your business loan?
Finolink compares real offers from 15+ banks and NBFCs based on your exact profile — free, in under 60 seconds.
Check my eligibility