BUSINESS LOAN IN NAGPUR

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Business Loan in Nagpur

Nagpur is located on the north-east side of the state of Maharashtra in India. The city lies on the banks of River Nag and has gained huge popularity across the world for the oranges it supplies. It is a city of flat tablelands, flat-topped hills, rivers, streams and fertile soils. Nagpur is also called the second capital of Maharashtra with Mumbai being the first one. This is because Nagpur is not only agriculturally advanced but has even provided small and medium scale business enthusiasts with great scopes of doing business and making it big in the field.

Majority of the administrative activities of the state are carried out in Nagpur. One out of the three sessions of the Legislative Assembly is also carried out in this part of Maharashtra. Speaking of business and agriculture in Nagpur, there is almost nothing that can beat the popularity of Nagpur oranges. Apart from this, Nagpur is also famous for its handicrafts and sweets. The shopping destinations of the city are worth visiting for the plethora of items that they sell. Businesses tend to thrive in this city mainly because there are different avenues available to avail a business loan in Nagpur. One such avenue is FlexiLoans.


Grow More in Nagpur with FlexiLoans

Wondering how to get a business loan in Nagpur for growing your business? No need for you to worry when you have the services of FlexiLoans. Our loan for business in Nagpur will not only help you in settling your business and even expanding the same as and when required. We are a non-banking and fintech finance company in Nagpur, working closely with entrepreneurs and small businesses. We help them in establishing new businesses and in growing their existing businesses by providing them GST business loan in Nagpur.

We provide efficient and quick small business loan in Nagpur at attractive rates of interest and on reasonable and fair terms. Our unsecured business loan in Nagpur is available without the need for collateral and that too within the shortest time possible. We make use of highly advanced evaluation technologies and algorithms before providing term loans to clients. We are also into giving a line of credit and loan against POS to prospective and existing clients. Our invoice financing options are made available to customers only after proper decision-making procedures.


Basic Eligibility Criteria

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

Documents Required & Basic Eligibility for Business Loan in Nagpur

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 Nagpur?

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

Is there any collateral needed for the business loan in nagpur?

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

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.