Professionals often have strong, steady incomes but need upfront capital — to set up a clinic, buy diagnostic equipment, fit out an office or hire staff. Lenders look at professionals a little differently from other businesses, because the qualification and registration are a strong signal of stable income.
What professionals use it for
- Setting up or expanding a clinic, hospital wing, office or studio
- Medical, dental, diagnostic or other professional equipment — see machinery and equipment loans
- Interiors, software and technology
- Working capital for staff, rent and receivables
What lenders look at
- Professional qualification and registration — for example, a medical council or ICAI registration
- Years of practice since qualifying or setting up
- Income — ITR and receipts in your bank account
- Credit score and existing EMIs
- Office or clinic — owned or rented, and how long you've been at the location
Documents usually asked for
PAN and KYC, professional registration certificate, proof of the practice address, ITR and bank statements. With Oxon Fintech, bank statements are shared through Account Aggregator. See the documents checklist.
How to apply with Oxon Fintech
Choose Professional as your customer type in the application, share your practice details and link your bank digitally. Your profile is matched against our lending partners' criteria. Plan the EMI with the business loan EMI calculator.