BUSINESS LOAN IN BAWANA

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Business Loan In Bawana

Located in North West district of Delhi, Bawana is one of the popular census towns founded long back ago in 1168 CE. The name of town being so distinguished has been derived from the Hindi word “Bawana” due to it comprising of 52 different villages under its hood. The town falls in the list of twenty renowned historical sites revamped for the purpose of showcasing during the commonwealth games held in the year 2010 in Delhi. The town is also renowned for housing one of the best planned industrial areas called Dr. Shyama Prasad Mukherjee Industrial Park in India. The district of Bawana is further enclosed by following villages lying in its neighborhood. The surrounding villages include Bajitpur, Ghogha, Majra Dabas, Pooth Khurd, Holabmi Khurd, Kheda Khurd, Bajitpur, Daryapur, Sultanpur Dabas, and Nangal Thakran.

Thus, the district has a lot of favorable conditions to kick start the business.  Moreover, to help meet the financial needs of budding entrepreneurs of town FlexiLoans offers the hassle-free business loans in Bawana.


Benefits associated with taking up business loan in Bawana

  • Growth Opportunities

    Being part of the renowned metropolitan area, Delhi, Bawana encapsulates a lot of opportunities for future business growth. Moreover, underpinning the hidden potentials associated with the strategic location of the area offers a lot of favorable opportunities to kick-start the business.

  • Easy Availability

    With expansion and establishment of various industries in the area are persuading the financiers to disburse loans easily. Moreover, an increase in the number of financial service providers in the area is easing up the process of loan borrowing.

  • Flexibility

    With an increase in the number of SME startups in and near the area is leading to the emergence of lenders as well as borrowers. This is further leading to an increase in the effectiveness of procedures of availing business loans. Now, in Bawana business loans can be availed swiftly without any hassle.

Basic Eligibility Criteria

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

Factors affecting interest rates and commercial loan fees for a business loan in Bawana

The interest rates and commercial fees for a business loan can be affected by the following factors:

  • Nature and structure of the business: Partnership, Proprietorship, Private, or Public Limited.
  • Experience in the business.
  • Credit history of the business.
  • Monthly turnover of the business.
  • The cash flow of business.

What makes the flexiloans the best option to avail the business loan?

FlexiLoans is one of the fastest growing financing platforms of India. It makes endeavors to empower the dreams of millions of entrepreneurs longing to start or expand the business.  However, with huge penetration of financial lenders in the market what makes the FlexiLoans stand apart and the sole choice of borrowers. To explore it more here are our benefits:

  • We serve customers across all major cities of India. Till date, we have extended our services to 100 prominent cities.
  • Our procedure for loan disbursement is extremely efficient and easy. No paperwork is required. Submit documents online and get the loan approved within 48 hours.
  • Our procedures are genuinely hassle-free. We offer collateral-free loans with 100 percent loan amount.
  • We believe in the core value of transparency. Our tech-enabled procedures are extremely safe and secure. Moreover, no hidden charges are applicable.
  • To meet you all business demands we have a lending capacity up to Rs.1 crore.

Documents Required & Basic Eligibility for Business Loan in Bawana

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.