BUSINESS LOAN IN FIROZPUR

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Business Loan in Firozpur

Firozpur district, situated in the Indian state of Punjab is agriculturally rich following the trend of the state. Along with this, the economy of the district is gradually developing due to the establishment of numerous offices and factories. It has every possibility to raise its head for all-round economic development. Trade/ exports, agriculture and tourism, are the three pillars of the industrial growth of the district. The fundamental source of revenue generation is exporting agriculture products.

FlexiLoans is an online finance company that will help you to get a loan for business in Firozpur. To know details of the business loan criteria in Firozpur, contact us from anywhere in India through a website or mobile app. We offer a vast range of business loans to our customers. Since we have the flexibility to custom the loan norms, we have been able to gain incredible success within a short period.

For the entrepreneurs with comparatively low turnover, we have an easy small business loan in Firozpur. On the other side, for the entrepreneurs with valid GST registration and return statement, FlexiLoans has a simple GST business loan in Firozpur. This hassle-free loan is based on your turnover as per GST returns. We offer many term loans tailored to the needs of the applicants. 

An unsecured business loan in Firozpur comes with simple eligibility criteria and can be applied with minimum documents. These loans are collateral-free, which simply means you don’t need to put your personal or business assets to get your loan approval. As a consequence, there’s no need for appraisal of your asset values. We have some unique instant, short term loans.

Loan Against POS: With this instant loan, you can meet the immediate need of the fund based on credit card sales. Line of credit will allow you to get extra funds during the top-selling season. Another important factor is vendor financing, to get your funds against due invoice.

Choose FlexiLoans for a simplified business loan with no hidden charges. Our main USP is we are quick. If all the documents fulfil the required criteria, your loan will be sanctioned within 48 hours. Feel free to contact us for more information. Our team members will guide you on how to get business loan in Firozpur to meet all your urgent financial needs.


Basic Eligibility Criteria

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

Documents Required for Business Loan in Firozpur

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.

Is EMI service available to pay business loans in Ferozepur?

Yes, FlexiLoans provide an EMI facility by which you can pay back your business loan. The EMI amount will be based on your loan amount, the interest charged, and the tenure of the business loan.

How long does it take to get a business loan?

To get a business loan fully disbursed into your account, it usually takes around 48 to 72 working hours.

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.