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Business Loan in Karimnagar
Karimnagar is the 5th largest city of the state of Telangana and is also one of the most important urban agglomerations of India. The city is located on the edges of River Manair, a tributary of River Godavari. This urban settlement in India is growing at a breakneck pace. Thus, the city is also transforming as one of the major health and educational hubs of the northern part of Telangana.
Karimnagar is an important business centre popular for its Agro-based and granite industries. The production of granite in this city is so widespread that it has given it the name “City of Granites”. Businesses, both new and old, thrive well in this part of India because Karimnagar is a major business unit. There is no need for you to think further on how to get a business loan in Karimnagar as FlexiLoans is here to offer you the best business loan in Karimnagar for starting a business.
Get Loan for Business in Karimnagar at the Lowest Rate
We, at FlexiLoans, make it possible for you to get a GST business loan in Karimnagar at the lowest rate of interest. Our term loan can easily be availed simply by filling in an online application form; uploading the documents and getting instant approvals.
Our line of credit loans comes as a great unsecured business loan in Karimnagar as there is no collateral needed. Then we are also into providing merchant cash advance loans with a one-time processing charge.
Our vendor financing options are loans available against invoices to huge corporates. The tenure of these loans varies.
Small business loan in Karimnagar available from the house of FlexiLoans can help you in starting with a business in the city or in maintaining your already existing business. You can also use the loan amount for maintaining different business expenditures like purchasing equipment, advertising, and renovation.
Basic Eligibility Criteria
| Minimum Business Vintage | 1 year |
| Monthly Business Sales Minimum | 2,00,000 |
Documents Required for Business Loan in Karimnagar
| 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?
- Why should I avail loan via FlexiLoans?
- What documents are required to apply for a loan?
- Are there any charges other than interest rate that I have to pay to avail the loan?
- How do I repay my Business loan from FlexiLoans?
- What is the lowest interest rate on a business loan in Karimnagar?
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.How do I repay my Business loan from FlexiLoans?
You repay your loan in EMI. You can choose to debit your EMI's from your Bank account directly.What is the lowest interest rate on a business loan in Karimnagar?
Interest rates start at as low as 1% per month. However, it may depend on various factors like your loan amount, tenure, eligibility, etc.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.
How do I repay my Business loan from FlexiLoans?
You repay your loan in EMI. You can choose to debit your EMI's from your Bank account directly.
What is the lowest interest rate on a business loan in Karimnagar?
Interest rates start at as low as 1% per month. However, it may depend on various factors like your loan amount, tenure, eligibility, etc.