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BUSINESS LOAN IN LUDHIANA

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Business Loan in Ludhiana

The city of Ludhiana in Punjab was founded during the reign of the Lodhi dynasty in Delhi. The term “Ludhiana” in originality is, “Lodhi-ana” or the town of the Lodhis. The city is located on the Grand Trunk Road running between Amritsar and Delhi. It is the most populated city of Punjab and is fast growing into a metropolitan region. One of the most important industrial towns of India, Ludhiana is known for its light engineering and textile centres. It is also one of the greatest hubs for the manufacture of woollen garments, cycle parts, machine tools, motor parts, dyes and sewing machines.

The hosiery goods produced in Ludhiana are in huge demand across all markets spread throughout the world, including Russia and America. The cycle parts and other goods produced in this city are exported across the world. It is called the Manchester of India because of its large scale manufacture of woollen hosiery. Coming up with a business in Ludhiana is no big deal with a business loan in Ludhiana available at close disposal. FlexiLoans will be the right source for you if you are on the lookout for a loan for a business in Ludhiana.

Avail Collateral-Free Small Business Loan in Ludhiana

FlexiLoans is one of the best NBFCs for availing a GST business loan in Ludhiana without any GST payments and also without any collateral required. Majority of the conventional lending organizations like banks ask for certain collateral for securing a term loan or a line of credit loan in Ludhiana. The owners of small businesses thus wonder how to get a business loan in Ludhiana as they are not able to meet this loan eligibility criterion. In such situations, our business loans without collateral can come to the rescue of the business owners. We offer unsecured business loans in Ludhiana on easy terms and conditions.

Basic Eligibility Criteria

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

Easy and Quick Business Loans in Ludhiana

Our business loans available in the form of invoice financing and loan against POS come with customer-friendly terms and conditions and policies. We have designed our loans to meet the requirements of business owners in the best way possible while keeping the rates of interest low. Our technology-enabled podium is streamlining the way business loans are availed in these present times and has offered us standing in the industry.

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Documents Required for Business Loan in Ludhiana

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 security do I need to provide to avail a Business loan?

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

Where to get a business loan without collateral in Ludhiana?

You can get a business loan without collateral at FlexiLoans. Just click on the link here and upload the document.
What are the purposes for which I can get a loan via FlexiLoans?

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?

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?

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?

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 security do I need to provide to avail a Business loan?

What security do I need to provide to avail a Business loan?

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.
Where to get a business loan without collateral in Ludhiana?

Where to get a business loan without collateral in Ludhiana?

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

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.

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

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