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Business Loan in Adilabad
Adilabad district of Telangana is known as the gateway of south and central India. The city is famous for the cultivation of premium quality cotton. For this reason, it has got the title of ‘White Gold City’. Apart from that Soya, pulses, paddy, maize are also important crops of this region. The minerals such as limestone and laterite are also available abundantly. The beautiful place is favourite to the tourists for the hills, rivers, waterfall, and temples.
Based on natural resources and scenic beauty, several industries have been set up. Various money lending institutes are providing business loans for funds management to initiate entrepreneurship or to expand the existing one.
FlexiLoans - the Online Business Loan Medium to Meet the Fund Need
FlexiLoans is one such renowned financial organization that offers a business loan of different types. It works on an online platform. Within a short span, we have become the preferred choice for a business loan due to their unparalleled service. We offer a swift, transparent and easy procedure for a business loan in Adilabad.
We have different kinds of loans for business in Adilabad. The experienced professionals of our company will guide you to apply for the best suited small business loan in Adilabad. A business loan is a convenient way to meet the long term and short term financial needs.
You can also apply for a GST business loan in Adilabad with us if your business is GST certified. Many consumers avoid doing business with the companies not having GST certification.
Moreover, the lender can provide you with a term loan when needed, only if your business is GST certified. Without GST, it is difficult for banks or other financial institutions to provide a line of credit. So, it has become a necessity now.
The unsecured business loan in Adilabad will come to your help during festive season if you are under a small or medium scale industry group. To boost up the sales during the peak season, you will be able to store the right products.
If you have a considerable amount of revenues generated from credit or debit cards, you will be eligible for a Loan against POS.
We also offer vendor financing, which is an effective way of meeting short term needs.
Basic Eligibility Criteria
Minimum Business Vintage | 1 year |
Monthly Business Sales Minimum | 2,00,000 |
How to Get Business Loan in Adilabad
In FlexiLoans, the procedure is simple and fast. Apply online with the necessary details and upload the documents required. Our representatives will get in touch with you within a day. So, don’t waste time. Come to us right now!
Documents Required for Business Loan in Adilabad
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?
- Why should I avail loan via FlexiLoans?
- What documents are required to apply for a loan?
- Are there any charges other than interest rate that I have to pay to avail the loan?
- Is there any collateral needed for the business loan in Adilabad
- Can a business loan be used for personal?
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.Is there any collateral needed for the business loan in Adilabad
FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.Can a business loan be used for personal?
No, it is not advisable to use it for personal purposes.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.
Is there any collateral needed for the business loan in Adilabad
FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.
Can a business loan be used for personal?
No, it is not advisable to use it for personal purposes.