BUSINESS LOAN IN AHMEDABAD

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Business Loan In Ahmedabad

Ahmedabad is the fifth richest city in India, ahead of Bombay, Delhi, and Calcutta with flourishing industries ranging from manufacturing jobs to the Textile industry. It is considered one of the important economic and industrial hubs in India with an ever-growing population that is enthusiastic to grow the base for several business opportunities. Ahmedabad is the second-largest cotton producer across India which boosts the textile industry as a major business opportunity. With a buoyant economy and an inborn business, mentality have opened up various business opportunities to many people. And with more business ideas, demanding more business loans in Ahmedabad.

Moreover, if you are worried about how to get a business loan in Ahmedabad, then you need not as this city is home to a lot of leading banks and other NBFCs in India. Thus, if you are looking to get one in Ahmedabad, then look no further. You have reached the right place. Read on!


What’s the Purpose of Business Loans in Ahmedabad?

The way of life in Ahmedabad starts and ends with business. Here are a few most common reasons to take business loans:

To increase working capital

Many a time, the small businesses fall short of enough term loan to run business. So, a short term loan can boost business and revenues to meet the operational. demands

Expanding Operations

Every business needs to expand its operations at some point. Thus, getting a loan for business in Ahmedabad to scale up your business operations will not only help you boost your revenue but also give your business a new direction. 

Purchasing Equipment

Technology has turned out to be the driving force in today’s business and it is quickly evolving. Thus, to keep up the pace with emerging technology and innovation, there’s always a demand to upgrade the existing technology and equipment. A small business loan in Ahmedabad can be used for buying/replacing/leasing new equipment that will promote your business production.

Purchase of inventory

Another aspect of the business is the sudden or immediate capital requirement for the purchase of inventory stock or raw material. Thus, a GST business loan in Ahmedabad will only help you get your business to meet the needs of your customers without compromising quality.

Improve credit history

A good credit history paves the way for getting more line of credit in the future. Consistently repaying the loans on time will boost your creditworthiness.

Thus, if you are looking for an unsecured business loan in Ahmedabad, then get it from Flexiloans.com as they have a transparent, paperless, secured and seamless process to grant you a merchant cash advance on time.


Basic Eligibility Criteria

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

Documents Required for Business Loan in Ahmedabad

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.

How much of a business loan can I get?

You can get an unsecured business loan up to ₹1 crore at FlexiLoans.

What is the interest rate on a business loan in Ahmedabad?

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

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.

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

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

You can get an unsecured business loan up to ₹1 crore at FlexiLoans.

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