Business Loan for Traders

Traders serve as one of the most significant connections between the consumers and the manufacturers of commodities and goods. FlexiLoans’ business loan for traders has been put in place to provide trouble-free funds to the traders and for meeting financial and business requirements at the most competitive rates of interest. Firms or individuals engaged in the purchase and sale of commodities are eligible for our collateral-free business loan for traders. We are into providing fully customized solutions for retailers, wholesalers and traders.

How do the Loans from FlexiLoans Help the Traders?

With FlexiLoans’ online loan for retail traders, the ones in this field can meet all their regular business requirements like the purchase of services and products; furnishing, purchase of brand new equipment and renovation of existing business premises. Our term loan offers the finance that traders require for executing trading activities. Loan for the new trading business from FlexiLoans is specifically designed for helping the traders meet their regular expenditures without having to go through any kind of hassle.

Problems Faced by the Traders in Availing Business Loans

Majority of the lending organizations like the banks provide collateral based business loans to the traders. Small traders are not able to provide any security against the loan amount, and thus they are not able to avail the loans. Our business loans for traders available in the form of a line of credit and loan against POS come collateral-free with easy terms and conditions. There is no security needed on the part of the traders, which makes it very easy for them to avail the amount.

Basic Eligibility Criteria

Exceptional Features of Business Loans for Traders from FlexiLoans

First of all, one of the greatest benefits of availing business loans like invoice financing for traders at FlexiLoans is that you get the scope of going digital. The whole procedure starting from filling in the loan application form and submitting the same to getting the approval and the funds post-approval is carried out online. There is no paperwork involved, and this is what makes the loans attractive to the borrowers.

Another important feature of the loans at FlexiLoans is that we do not charge any huge amount as loan processing fee. Rates of interests are discussed with the borrowers personally while helping them get a clear understanding of the EMI amount they would have to pay at the same time.

Documents Required for Franchise  Business Loan

Frequently asked questions