BUSINESS LOAN IN GHAZIABAD

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Business Loan In Ghaziabad

One of the well-developed cities in the state of Uttar Pradesh (UP) in Ghaziabad. It is often called the gateway to Uttar Pradesh. It is a planned industrial city in India. In Ghaziabad, the industries are in many numbers. The economic activities of Ghaziabad depend on tobacco productions, electronics and electrical goods, pottery, ceramics, dairy products, industrial machinery, and transportation equipment.

Many Banks are located in Ghaziabad and it has also grown into Financial Hub in India. There are many small and medium scale units in Ghaziabad and hence it is the fastest-growing cities in India and one of the industrially developed cities in the country. Anyone who wants to start the business in Ghaziabad to start a small or medium scale unit can approach us for business loans. The business you can start here is given below.


Business opportunity in Ghaziabad

Manufacturing: As Ghaziabad is located in a prime location in northern India near major north Indian states, one can think of starting Diesel Engine and Sheet Metal Components Manufacturing. You can either start an ancillary industry to car manufacturing or even export to other countries.

Creche/Playschool: Due to the growth of Information Technology and Computer industry many married couples find it difficult to manage family, home and work together. In today’s world both man and women go to work, thus if they have kids then they have to put the kids in the playschool or crèche this business can be started in Ghaziabad.

Training: There is a shortage of skilled workers here in Ghaziabad. IT and Engineering industry demand highly skilled workers. This gap can be bridged by providing the requisite training from the training institutes.

Restaurant: Food industry is growing like anything and one can start hotels, catering business, restaurants, and other food delivery business. There are very few people nowadays who prefer to eat their own prepared food, so due to lack of time, effort and small family, people go to restaurants for food.

Education: Setting up a highly demanding, good and proper school in every area where there are growing kids is a lucrative business. It is important to do some research to find out which location for setting up schools close to the vicinity where more kids are available.

Auto parts: Catering to auto parts manufacturing by staying close to large car plants is a very good idea to set up the auto and automobile parts companies. These auto parts, if manufactured to the standards, can be supplied all over the country and even exported to other countries.


Basic Eligibility Criteria

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

Who is eligible to apply for a business loan in Ghaziabad

There are many people who are well qualified and have the passion to start their own business venture. But the lack of capital or investment becomes an obstacle for such people. If you’re facing a similar situation, then set aside your worries and approach our services. Many graduates choose entrepreneurship over employment, which is beneficial for both the individual and the nation’s economy. We wish to assist such people in managing the required funds. Whether you want to establish a business in trade, wholesale/retail or any other sector, you can apply for a loan for your start-up plans. But there are certain criteria set by the Indian government to be eligible for a loan, which is mentioned below.

  • Age limit: An important criterion to apply for the loan is that the candidate must be within the age of 21 to 65 years. Those who are below or above this range are not considered eligible for loan application.
  • Tax documents: Having properly maintained tax documents makes the loan approval fast and hassle-free. The minimum requirement is that candidates must at least submit tax return records of the last one year.
  • Business Profits: Candidates need to showcase a business plan that proposes a minimum profit of twenty-four lakhs per annum.

Why flexiloans is your preferred partner for a business loan in Ghaziabad

We understand that the process of applying for a loan can often be difficult, putting many people in a dilemma. There are many factors to be considered beforehand, such as choosing a suitable provider, understanding the terms and conditions, calculating the duration and repayment amount, etc. Rest assured, as our primary objective is to address all your concerns and make the process as hassle-free as possible. Below are some features that highlight our efficiency.

  • We offer a maximum loan amount of up to 1 crore.
  • We never demand any form of additional security. There are no hidden charges either, as we believe in complete transparency.
  • Calculating rates, interest and EMI amount can be quite confusing. But we put in maximum effort to explain it to the applicants clearly and in a simple manner.
  • The documentation process for a loan can also be troublesome and tiring. However, we have made this process extremely convenient. There is absolutely no need for paperwork, and all it takes is just one click. Our entire application process is online. Once you connect to us, upload and submit your documents and your loan will be ready for approval within 48 hours!
  • Our services extend to over 100 cities across India.

Our services are designed to provide you with maximum convenience. We are eco-friendly as there is no paperwork involved, and we provide the best rates and amounts without asking for any sort of collaterals.


Documents Required for Business Loan in Ghaziabad

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.

Where to get a business loan without collateral in Bawana?

You can get a business loan without collateral at FlexiLoans. Just click on the link here and upload the document.

How can I get a loan under MSME in Bawana?

You are eligible for an MSME business loan if your business has been running for at least 1 year and has monthly total sales of at least ₹2,00,000

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.