MENU

Business Loan in Ludhiana

Apply NowApply Now

Ludhiana is situated on the banks of river Sutlej and is the largest city north of Delhi. The city is an industrial center of north India and is popularly referred as India’s Manchester. Ludhiana produces 60% of India’s tractor parts and has Asia’s largest hub for bicycle manufacturing. If you’re looking for a business loan in Ludhiana, simply visit www.flexiloans.com

Where to Get Business Loans in Ludhiana

Easy Online Process: Business Loans here at FlexiLoans can be easily applied through online in minutes. It’s hassle-free and enables one-to-one customer support.

Tailored Quotes: At, FlexiLoans, we understand each business has different requirements & needs a different kind of solution. This is why we cater to customized Business Loans that exactly matches your business requirements.

Paperless: No hassle of carrying documents to apply for a loan, just scan & upload, you’re all set. Our Business Loans are paperless.

Collateral-Free: Our business loans are collateral free. We provide business loans with no security.

Transparent & Secured: No hidden fees. Our process is completely transparent & secured.

How to Get Approved for  business loans Ludhiana

If you are an individual, a partnership, limited liability partnership, proprietary firm, self-employed, you’ll be eligible for a business loan. Many factors are taken into consideration, to approve your small business loan. Here are the required eligibility criteria for applying for a business loan.

Eligibility Criteria For business Loans in Ludhiana

  • Age Limit: The applicant should be min 21 years & max. 65 years.
  • Income: Business should be profit making at least for the past 1 years.
  • Turnover: Rs. 200,000 p.a. should be the minimum annual income.
  • Co-applicants: This is optional to the applicant, not mandatory in case of business loan.

DOCUMENTS REQUIRED FOR BUSINESS LOANS IN Ludhiana

Here is the basic documentation required for getting a Business Loan in Ludhiana:

  • A copy of the PAN card of the person or company
  • An identity proof which might include any of Aadhar Card, Passport, Voter ID, PAN Card or Driving License
  • An Address Proof which can consist of either of Aadhar Card, Passport, Voter ID or Driving License
  • Bank statements from the last 6 months
  • ITR statement from the last year as well as the audited balance sheet and P&L statement for the past 2 years
  • Cash Flow statements
  • Debt Obligations
  • Application form with a recent photograph of all co-applicants
  • Other documents as required which can include the declaration of ownership, MoA, Resolutions, Power of Attorney or any other document required by the bank/NBFC or as required by the lender

business-loan-in-ludhiana-apply-online-flexiloans