BUSINESS LOAN IN GORAKHPUR

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Business Loan in Gorakhpur

Gorakhpur is a district of Uttar Pradesh state. The city is the administrative head, and it is carrying on the cultural glory gracefully. Like most of the Indian states, agriculture is the backbone of the economy, but many people are earning a livelihood by running businesses too and also they are creating employment opportunities. The diverse industries have been growing by adapting to a new environment. The incorporation of information technology and the usage of different advanced tools to set both long term and short term goals have changed the traditional way of doing business.

FlexiLoans is an online finance organisation that offers various kinds of business loans in Gorakhpur to customers. We have tailored loans for business in Gorakhpur for the young aspirants just going to put the first step in his office as an entrepreneur or the person who is in this field for years and now planning to expand his business empire.

GST business loan in Gorakhpur is quite popular for getting funds against the GST return statement. For small and medium enterprises, people are showing interest in our small business loan in Gorakhpur to meet the needs as this is collateral-free. The eligibility criteria for a small business loan is at least 12 months business and a monthly turnover of minimum INR 2,00,000.

We also offer unsecured business loan in Gorakhpur based on the performance of the enterprise. We don’t ask for any collateral for it because we believe that your income is enough to make repayment.


Basic Eligibility Criteria

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

Other solutions FlexiLoans offers:

Line of credit: For a small business that runs well on a particular season. This loan acts as the stimulator.

Loan against POS: Along with the large loans, you can also apply for instant short term loans based on your credit card swipe history.    

Term loan: This is useful for expanding inventory to meet the client requirements.

Vendor financing: This is for the liquidity against invoices of the business owners to focus on the growth and maintain smooth running.

For more information, visit our website or install our app on your mobile to read our lucrative offers on the go. Our dedicated team of professionals will guide you about how to get business loan in Gorakhpur. They will resolve all your doubts regarding eligibility and repayment options before you apply.


Documents Required for Business Loan in Gorakhpur

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.

What is the lowest interest rate on a business loan in Gorakhpur?

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

Where to apply for a small business loan in Gorakhpur?

To apply for a business loan in Gorakhpur, click on the link here.

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.