BUSINESS LOAN FOR FRANCHISE

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Business Loan for Franchise

A franchise comes as one of the best scopes for all those individuals who have dreams of becoming entrepreneurs. They provide both the independence and flexibility of serving as a small business owner along with the infrastructure and support of a big organization. But the problem is that coming up with a franchise for a company requires the right amount of working capital. The capital generally goes into paying royalties and in advertising and promotion. Not every individual will have access to the budget needed for all these activities. Hence, it works to go for a franchise business loan. 

You can easily fund the investment you make in a franchise by going for a term loan for franchise business or a loan against POS from FlexiLoans. We offer you the flexibility of navigating through the different options we have available for you on our site.


How Can I Get Loan for Franchise Business in India?

At FlexiLoans, the whole procedure of availing a line of credit loan for setting up a franchise is fully simplified. We have done this by breaking the loan borrowing procedure into several steps. Business owners who are in the lookout of invoice financing or other loan options for setting up a franchise can always get in touch with us. We offer franchise loans for different industry segments like service, retail, electronics, garments, trader, importer, distributor, grocery, appliances, fashion, hardware, furniture, sanitary, automobiles, computers, baby care and sanitary.

With us, there is no need for you to make prior preparations and go through the fear of undergoing a lengthy loan availing procedure. The only thing that you need to do is get in touch with us, and we will take you smoothly through the entire lending procedure. We will help you in calculating your net worth and your liabilities and assets. Further, we also offer help with balance sheets and with the calculation of the value of all the assets that you might be having.


Why FlexiLoans?

Want a franchise loan? Then FlexiLloans is the perfect destination. Get the franchise loan most easily from us as our loan applications and loan disbursal procedures are fast and easy. Be it the loan amounts or payment methods, we offer flexible solutions to our customers. The business loan interest rate is within an affordable limit so that the customers can opt for it without much hassle.


Basic Eligibility Criteria

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

Documents Required for Franchise  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.