BUSINESS LOAN IN FARIDABAD

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Business Loan in Faridabad

Faridabad came into being in 1607 A.D. by Jahangir’s treasure called Sheikh Farid. The city was built to protect the highway that passed through it. Initially, a fort, mosque and tank were built in the city, but now they are in ruins. Faridabad got recognition as the 12th district of the state of Haryana on 15th August 1979. The city produces motorcycles, tractors, refrigerators, switch gears, garments, shoes and tyres in its industrial sector.


Business Loan Sanctioning Procedure at Flexiloans

FlexiLoans operates in the form of an NBFC or Non-Banking Financial Company offering business loan in Faridabad. Loan for business in Faridabad is available from the company for the SMEs or small and medium-sized enterprises. We are into offering term loans to businesses for helping them overcome financial crunches and even for the sake of business expansion.

Our small business loan in Faridabad is of good help for small and medium-sized companies that generally have restricted access to monetary institutions, including banks. The business that cannot provide collateral is offered an unsecured business loan in Faridabad from FlexiLoans. We collate the data of the businesses from varied sources and then consider the creditworthiness of the same by going through their credit ratings before sanctioning GST business loan in Faridabad.


Basic Eligibility Criteria

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

FlexiLoans Business Loan Attributes

Our line of credit loans is available for a credit limit of around Rs 1 crore.

Our vendor financing facility can easily be obtained by providing unclear proof of invoice for several urgent promises. Credit can easily be availed on the invoice amount. 

Our Loan against POS loans are available at interest rates decided according to the borrower’s eligibility. 

If you are thinking about how to get a collateral free business loan in Faridabad, then FlexiLoans would be your best bet. We offer money to enterprises and companies to expand their operations and businesses and to stock more inventories.


Documents Required for Business Loan in Faridabad

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.

Why will a person opt for an unsecured business loan?

In an unsecured business loan, you do not need collateral you can get a business loan only on the basis of your business performance. Therefore it's less risky and hassle free.

What are the requirements of collaterals and security?

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.

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 may be charged penal charges for late or irregular payment behavior.

In an unsecured business loan, you do not need collateral you can get a business loan only on the basis of your business performance. Therefore it's less risky and hassle free.

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.