LOAN FOR COFFEE SHOP BUSINESS

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Home > Business Loan for Coffee Shop

Business Loan for Coffee Shop

If you have plans of growing your minuscule coffee shop, then you must go for our business loan for a coffee shop. Avail coffee shop financing from us and get money instantly in your bank account. We are into providing collateral-free business loans for cafes and coffee shops for fulfilling their requirements for working funds with the minimum of documents.

Majority of the traditional lending organizations like banks need security for a term loan for coffee shop business along with a list of different documents. The owners of small coffee shops cannot fulfil the loan eligibility requirements and thus face rejections when they apply for these loans. FlexiLoans provide easy credit to the coffee shop owners at customer-friendly conditions.


FlexiLoans- Get Loan Against POS for Your Coffee Shop

Coffee shops might require vendor financing or line of credit loans either for business expansion or for marketing. Coffee shops can use the money generated through such loans for buying equipment for producing top-quality coffee or for maintaining the inventory of products. The owners can effectively use the funds for getting complete information about the required inventory.

A business loan for coffee shop renovation or expansion further helps in building a loyal and solid customer base. The funds acquired can be used for creating customer-friendly settings and massive seating areas. It is also essential to promote a coffee shop in the most effective manner, and this can be done only with a proper budget in hand.

Marketing tools like loyalty cards, coupons and internet social media can all be dealt with very well by merely having funds at one’s disposal. FlexiLoans offers coffee shop business loans for up to Rs. 1 crore and helps the business owners in keeping up with expenditures and in achieving success at a breakneck pace. The different loans products that we deal in are unsecured, giving customers the flexibility of not having to provide any security for availing credit facilities.


Basic Eligibility Criteria

Minimum Business Vintage 1 year
Monthly Business Sales Minimum 2,00,000

The Loan Availing Procedure

The process of availing funds at our portal is also very easy and will not take up a lot of time. Carrying out the whole procedure takes a minimum of three to four steps. However, borrowers need to meet the eligibility requirements and fill their business and personal details.

Applying for business loans for a coffee shop would be your final step. Simply get to our site and go through complete details provided in regards to filling in the application form.


Documents Required for Coffee Shop Business Loan

Personal KYC PAN card
Residential Address Proof (Any One) Rent Agreement | Driving License | Voter's ID | Ration Card | Passport | Aadhar Card
Banking Last 6 months current account bank statements
Business KYC (Any One) GST Registration Certificate | Shops & Establishment Certificate | Business PAN Card

Frequently asked questions

What are the purposes for which I can get a loan via FlexiLoans?

FlexiLoans is here to provide you financial access for your business funding needs. You have to undergo simple and transparent Credit Evaluation, basic documentation before we disburse the loan. You may get loans via FlexiLoans for:
  • Expanding your business
  • Servicing regular working capital needs
  • Managing seasonal working capital requirements
  • Manage short term cash flow gaps

Why should I avail loan via FlexiLoans?

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.

What documents are required to apply for a loan?

KYC document

  • - Pan card

Proof of residential address (any one)

  • - Rent Agreement
  • - Driving License
  • - Voter's ID
  • - Ration Card
  • - Passport

Banking

  • - Last 6 months of bank statement of current account

Business KYC (any one)

  • - GST Registration Certificate
  • - Shop Establishment Certificate

Financial documents (For loans greater than 20 Lakhs)

  • - 2 years Audited financials
  • - Last 2yrs ITR
  • - GST Returns of 6 months

Are there any charges other than interest rate that I have to pay to avail the loan?

We may charge processing fee to facilitate the loan towards legal and documentation charges. You may be charged penal charges for late or irregular payment behavior.

Quick credit assessment ensures fast disbursal of loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business.

We may charge processing fee to facilitate the loan towards legal and documentation charges.

Interest rates start at as low as 1% per month. However, it may depend on various factors like your loan amount, tenure, eligibility, etc.