BUSINESS LOAN IN NAVI MUMBAI

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Home > Business Loan in Navi Mumbai

Business Loan in Navi Mumbai

The city Navi Mumbai has been meticulously planned, and the development work has commenced since the 1970s. Since it is nearby Pune and well connected to the national business capital as well as the capital city of Maharashtra, Mumbai, proper planning can boost up the economy. This is the lucrative destination for a broad range of industry sectors including real estate, entertainment, education, healthcare, fashion, food and what not!

For this reason, the place has turned into a business magnet. Entrepreneurs who spread across the globe are always keen to set up a branch office here. The FlexiLoans experts will help you to arrange the capital that you need to open your business set up in Navi Mumbai. As we are an online platform, you can visit our website to know the criteria for applying for a business loan in Navi Mumbai.

For any query, post your question in the enquiry form to know how to get business loan in Navi Mumbai with your data. FlexiLoans representative will call you within a short period and clear all doubts regarding loans for business in Navi Mumbai. We are specialized in the small and medium enterprise sector. You can have a discussion with us for a small business loan in Navi Mumbai before going elsewhere.  

For the GST registered entrepreneurs, we offer GST business loan in Navi Mumbai based on the GST return statement. If you fulfil the specific eligibility criteria, you can also opt for our unsecured business loan in Navi Mumbai. This loan will be approved when our experienced staff will be impressed with your income and will be confident that you can repay the loan with interest without any difficulty.


Basic Eligibility Criteria

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

The short term business loans that are available with us are:

Loan against POS: if you fulfil our criteria, the loan will be granted immediately. It is based on the sale through credit card.

Line of credit: This is extremely helpful for the small entrepreneurs whose business is seasonal. They can apply for some extra amount to increase the stock during the sale season.

Term Loan: This is to maintain the normal operation of your business.

Vendor financing: With the help of vendor financing, you can fulfil your business goal.


Documents Required & Basic Eligibility for Business Loan in Navi Mumbai

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 Navi Mumbai?

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

Is EMI service available to pay business loans in Navi Mumbai?

Yes, FlexiLoans provide an EMI facility by which you can pay back your business loan. The EMI amount will be based on your loan amount, the interest charged and the tenure of the 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.