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Business Loan Lenders in India

45 business lenders in India, compared side by side: 9 banks and 36 non-bank lenders covering working capital, corporate, project and venture debt, with listed loan sizes from ₹90K to ₹30B. Updated September 2026 from regulator registers and lender disclosures.

Built for owners, founders and finance teams of mid-sized Indian companies: filter by lender type, loan type and amount, then export a PDF shortlist of the lenders that fit.

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Zeige 45 Kreditgeber

Nicht-Bank

360 ONE Asset

₹950M - ₹6B
Unternehmensfinanzierung

Large Indian alternatives manager with a scaled private-credit strategy for performing and structured corporate loans.

Nicht-Bank

Alteria Capital

₹95M - ₹3B
Venture Debt

India's largest dedicated venture-debt manager, providing customized non-dilutive capital to VC-backed startups.

Nicht-Bank

Aquilon Capital

₹9M - ₹114M
Betriebskapital

Alternative lender providing revenue-based structured credit to small and emerging businesses.

Nicht-Bank

Ares SSG

₹3B - ₹30B
Unternehmensfinanzierung

Ares Management's Asia credit platform, active in India across direct lending, asset-backed finance and special situations.

Nicht-Bank

Ascertis Credit

₹1B - ₹10B
Unternehmensfinanzierung

Asian private credit platform providing non-dilutive growth capital to mid and large corporates.

Bank

AU Small Finance Bank

₹2M - ₹550M
BetriebskapitalUnternehmensfinanzierung

India's largest small finance bank, with roots in vehicle finance and a growing MSME and secured-lending franchise.

Nicht-Bank

British International Investment (BII)

₹450M - ₹15B
UnternehmensfinanzierungProjektfinanzierung

UK government-owned DFI providing debt, equity and fund capital across India and other emerging markets.

Nicht-Bank

Certus Capital

₹285M - ₹2B
Projektfinanzierung

Real estate credit platform providing senior secured lending to residential developers.

Nicht-Bank

Cholamandalam Investment and Finance Company

₹10M - ₹200M
BetriebskapitalUnternehmensfinanzierung

Large Murugappa Group NBFC offering vehicle, housing, property-backed and SME finance across India.

Nicht-Bank

Drip Capital

₹5M - ₹300M
Betriebskapital

Digital trade-finance fintech providing collateral-free working capital to cross-border SMEs in India and other markets.

Nicht-Bank

Edelweiss Alternatives (EAAA)

₹480M - ₹14B
UnternehmensfinanzierungProjektfinanzierung

Indian alternatives manager providing private credit and real asset financing to companies.

Nicht-Bank

EvolutionX Debt Capital

₹2B - ₹5B
Venture DebtUnternehmensfinanzierung

Growth debt provider offering non-dilutive debt capital to technology companies in Asia.

Nicht-Bank

FlexiLoans

₹90K - ₹100M
Betriebskapital

Digital RBI-registered NBFC providing collateral-free business loans to MSMEs across more than 2,100 Indian towns.

Nicht-Bank

GetVantage

₹1M - ₹45M
Betriebskapital

Mumbai-based revenue-based financing platform offering equity-free growth capital to e-commerce brands and digital businesses.

Bank

HDFC Bank

₹9M - ₹30B
BetriebskapitalUnternehmensfinanzierung

Indian private bank lending to businesses of every size, from unsecured small business loans to large corporate facilities.

Bank

ICICI Bank

₹9M - ₹30B
BetriebskapitalUnternehmensfinanzierung

Indian private bank providing working capital, term lending and structured corporate finance across the size range.

Nicht-Bank

IIFL Finance

₹1M - ₹100M
BetriebskapitalProjektfinanzierung

Retail-focused Indian NBFC offering MSME, gold, housing, microfinance and construction finance through a national network.

Nicht-Bank

India Resurgence Fund

₹3B - ₹14B
Unternehmensfinanzierung

Special situations fund providing distressed debt financing to Indian companies in turnaround.

Bank

Indian Bank

₹10M - ₹30B
BetriebskapitalUnternehmensfinanzierung

Large Indian public-sector bank offering corporate, MSME and working-capital finance through a national branch network.

Bank

IndusInd Bank

₹55M - ₹30B
BetriebskapitalUnternehmensfinanzierung

Indian private-sector bank with corporate, commercial and MSME lending capabilities, including structured and working-capital debt.

Nicht-Bank

InnoVen Capital

₹48M - ₹2B
Venture Debt

Venture debt provider offering non-dilutive financing to venture-backed Indian startups.

Bank

Kotak Mahindra Bank

₹450M - ₹30B
Unternehmensfinanzierung

Large Indian private-sector bank providing corporate, wholesale, retail and structured financing across India and the UAE.

Nicht-Bank

L&T Finance

₹750K - ₹550M
Betriebskapital

Large listed Indian NBFC focused on rural, farm-equipment, two-wheeler and MSME finance.

Nicht-Bank

Lendingkart

₹90K - ₹250M
Betriebskapital

RBI-registered fintech NBFC using data-led underwriting to provide rapid unsecured working capital to Indian MSMEs.

Nicht-Bank

Mars Growth Capital

₹480M - ₹10B
Venture DebtBetriebskapitalUnternehmensfinanzierung

Growth debt provider financing late-stage technology and mid-market companies without equity dilution.

Nicht-Bank

Neo Alternative Asset Managers

₹2B - ₹3B
Unternehmensfinanzierung

Private credit manager providing secured structured credit to mid-market Indian companies.

Nicht-Bank

Nisus Finance Services Co Ltd

₹95M - ₹3B
UnternehmensfinanzierungProjektfinanzierung

Mumbai-based NBFC and alternative manager specializing in real-estate credit and urban-infrastructure finance.

Nicht-Bank

Northern Arc Capital

₹48M - ₹2B
BetriebskapitalUnternehmensfinanzierung

Indian non-bank lender providing debt to businesses and financial institutions in underserved segments.

Nicht-Bank

Piramal Finance

₹100M - ₹19B
BetriebskapitalUnternehmensfinanzierungProjektfinanzierung

Indian non-bank lender providing wholesale corporate, real estate and mid-market business lending.

Nicht-Bank

Poonawalla Fincorp

₹1M - ₹300M
BetriebskapitalUnternehmensfinanzierung

Listed Poonawalla Group NBFC focused on consumer and MSME financing, including business and secured loans.

Nicht-Bank

Proparco

₹95M - ₹10B
UnternehmensfinanzierungProjektfinanzierung

French bilateral DFI providing loans, guarantees and equity to private-sector projects across India and other emerging markets.

Nicht-Bank

Ratnaafin Group

₹1M - ₹75M
BetriebskapitalUnternehmensfinanzierung

Ahmedabad-based RBI-registered NBFC providing customized MSME, machinery and supply-chain finance.

Nicht-Bank

Red Fort Capital

₹11M - ₹114M
BetriebskapitalUnternehmensfinanzierung

Indian non-bank lender providing secured business loans to small and medium enterprises.

Nicht-Bank

RevX Capital

₹48M - ₹1B
UnternehmensfinanzierungBetriebskapital

India-focused private credit manager providing performing credit and special credit to small and mid-cap companies, for working capital, capex, promoter funding, M&A financing, HoldCo lending and stressed credit.

Nicht-Bank

SIDBI

₹11M - ₹285M
BetriebskapitalUnternehmensfinanzierungProjektfinanzierung

Indian development finance institution providing working capital and term loans to micro, small and medium enterprises.

Bank

State Bank of India

₹9M - ₹30B
BetriebskapitalUnternehmensfinanzierung

India's largest public sector bank, lending across the full range from small business loans to large corporate and project finance.

Nicht-Bank

Stride Ventures

₹150M - ₹400M
Venture Debt

Indian venture-debt manager providing non-dilutive growth credit to venture-backed startups across multiple markets.

Nicht-Bank

Sundaram Alternate Assets

₹500M - ₹3B
UnternehmensfinanzierungProjektfinanzierung

Private credit manager providing mid-market corporate and real estate credit in India.

Nicht-Bank

Synergy Capital

₹2B - ₹10B
UnternehmensfinanzierungProjektfinanzierung

Private credit manager providing corporate and project financing to industrial companies.

Nicht-Bank

TradeCred

₹1M - ₹95M
Betriebskapital

Indian online invoice-discounting platform connecting working-capital-seeking suppliers with retail and HNI investors.

Nicht-Bank

Trifecta Capital

₹266M - ₹2B
Venture Debt

Indian venture debt platform providing debt capital to venture-backed startups.

Nicht-Bank

U.S. International Development Finance Corporation

₹950M - ₹30B
UnternehmensfinanzierungProjektfinanzierung

US bilateral DFI offering loans, guarantees, equity and political-risk insurance in India and other developing markets.

Nicht-Bank

UGRO Capital

₹550K - ₹55M
BetriebskapitalUnternehmensfinanzierung

Listed data-led NBFC specializing in MSME and small-business finance across India.

Bank

Ujjivan Small Finance Bank

₹1M - ₹100M
Betriebskapital

Listed Indian small finance bank serving underbanked borrowers through microfinance, MSME, housing, vehicle and agri loans.

Bank

Union Bank of India

₹450M - ₹30B
BetriebskapitalUnternehmensfinanzierungProjektfinanzierung

Major PSU bank providing term loans, working capital, infrastructure finance and loan syndication.

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Disclaimer

Information provided in this directory is for educational and informational purposes only and may not reflect the most current loan terms or eligibility criteria. Alehar Advisory is not a lender, broker, or financial institution and does not guarantee approval. Please verify all details directly with the financial institution before applying.

Types of business lenders in India

Most Indian companies fund working capital and growth through five kinds of lenders. The right one depends on how fast you need the money, what security you can offer, and what the facility may cost.

01

Scheduled commercial banks

Public and private sector banks supervised by the Reserve Bank of India offer the lowest rates and the full product range, from cash credit and overdraft limits to term loans. Expect thorough documentation, security for most facilities and the slowest approvals.

02

NBFCs

RBI-registered non-banking financial companies are the workhorse of mid-market lending in India. They decide faster than banks and take security more flexibly, at rates a few percentage points higher.

03

Small finance banks

Licensed banks focused on smaller businesses and underserved segments. Rates and requirements usually sit between the large banks and NBFCs.

04

Venture debt and growth lenders

Funds and NBFCs that lend to venture-backed and high-growth companies, sized against recent funding and recurring revenue rather than collateral. Facilities often carry warrants alongside interest.

05

Development institutions

Government-linked development finance institutions run dedicated programs for MSMEs, manufacturing and exporters, often at below-market rates for qualifying borrowers.

NBFC and alternative lenders for mid-sized businesses

When bank limits are capped or an enhancement stalls at annual review, Indian companies typically turn to NBFCs, private credit funds and, for larger needs, mezzanine providers. Cash-flow and receivables-based lending suits services companies and distributors with few fixed assets, while mezzanine sits between senior debt and equity for growth or acquisition funding.

The trade-off is price: non-bank facilities usually cost several percentage points more than bank loans, in exchange for speed and a higher chance of approval. Filter the directory above by non-bank lenders to compare their loan sizes and financing types side by side.

How to approach business lenders in India

01

Shortlist three to five lenders

Mix at least one bank with one or two NBFCs, so you can weigh pricing against speed and security demands. Export the PDF shortlist to align your team before reaching out.

02

Prepare one information pack

Lenders move faster when audited financials, GST returns, bank statements and an aging of receivables are ready before you approach them. One consistent pack also keeps the offers comparable.

03

Compare offers on more than the rate

Weigh security and promoter guarantees, covenants, processing fees and prepayment terms alongside the headline rate. The cheapest quote is not always the cheapest loan.

If you want an experienced team to prepare the pack and run the process with lenders, that is what our debt advisory work covers. Learn more about our Raising Equity or Debt service.

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