Get an NBFC business loan designed for small businesses. Access quick, flexible financing options tailored to your needs. Apply for a loan from NBFC today. NBFCs stand for non-banking finance companies. Business prefers NBFCs for availing funds because of the flexible loan terms and less stringent eligibility criteria. Also, because of the different kinds of loans offered by NBFCs, it allows business owners to choose a loan fitting their needs and purpose. Here is a quick guide telling you about the must-knows while taking a business loan from NBFC companies. It can help you find the right lender and get all approvals in time, allowing you to focus on your business plans. The last few years have viewed a significant transformation in the way that non-banking financial companies (NBFC) function in India. Businesses have welcomed NBFC loan companies with open arms as they make the process of acquiring loans relatively hassle-free. Apart from contributing to the financial system, NBFCs also play their role in accelerating the infrastructural development as well as generating employment. A recent Financial Stability Report from RBI stated that when comparing NBFCs Vs Bank NBFCs perform better than banks and are increasingly contributing more and more to the Indian economic growth.