Nowadays, people are fond of celebrating their special occasions in restaurants. This generally involves having some near and dear ones close-by to enjoy the lip-smacking food offered at these places. The restaurant business is profitable because people will eat no matter what the occasion. But the very first step to opening this lucrative business is availing a business loan for a restaurant.

Several factors need to be kept in mind when opening a food chain. These include a promotion, marketing, staffing, and licensing. The interested entrepreneurs need to indulge in a lot of groundwork for getting the restaurant up and running. All these things require sufficient funds, and this is where an MSME loan for a restaurant proves to be effective.

How to Get Loan for Hotel Business in India?

If you are looking for a loan for hotel and restaurant business at low rates of interest and without collateral, then FlexiLoans can be the right destination for you. Our restaurant business loans are available up to Rs.1 crore with the loan processing taking place very fast. Everything starting from the filling in of the application form to providing the documents is done online.

We are into disbursing our term loan for restaurant business amount within the shortest time possible. Loan disbursals generally take 48 hours. One of the best things about our small business loans for restaurants is that you will not have to provide any collateral against the loan amount. Also, there are no hidden charges levied on the line of credit loans available from our portal. We inform the borrowers about all kinds of charges even before they apply for the loan.

Another great thing about our loan against POS is that the interest rates on these loans are fair. The rate of interest can differ as per case but only after taking the financial history of the applicants into account. It is also important to note that the borrowers can choose our vendor financing loan tenures according to their convenience. They can pay off the total loan amount in installment form if they find it easier.

We work to help our clients meet their requirements in the most proactive manner. Our specialized restaurant loan options come as a significant help for business owners facing funding deficits. Ours is a technology-driven podium offering 24/7 accessibility to the borrower’s loan account while ensuring complete transparency!

Basic Eligibility Criteria

Documents Required for Restaurant Business Loan

Frequently asked questions