MENU

Business Loan in Sanganer

Apply NowApply Now

WHY BUSINESS LOAN IN SANGANER?

Sanganer, a small town located in the state of Rajasthan is widely known for its exquisite hand block printing and handmade paper industries. This historical town is located 16 km away from the state capital Jaipur. The town occupies a significant position in Indian history and culture due to the presence of renowned Jain temples. The region also stands as a major hub for industrial practices. Due to the large availability of resources the region has gained the position among the top producers of handmade paper in the world. Even the exquisite block printing of Sanganer is highly recognized all around the world. Due to their unique bright hued traditional prints standing against the white background the Sanganer prints are well known throughout the world. Moreover, the Sanganeri hand block printing has also obtained the geographical indication (GI) tag in the year 2010. The strategic location, unique tradition riding notion from past eras of royal families, and extraordinary business opportunities make the city contribute a relevant share in the state’s economy. Therefore, considering the business potential of town FlexiLoans provide hassle-free business loans in Sanganer.

WHY TAKING UP BUSINESS LOAN IN SANGANER A GOOD IDEA?

Resource availability

Manpower, technology, and finance all essential needs required for establishing the business are easily available in Sanganer. There are ample of opportunities fortifying the magnification and expansion of business in the city. Moreover, the availability of equipment and raw materials aids in expediting business procedures in town.

Better connectivity

The proximity of town with Jaipur and other prominent regions presents good opportunities for business expansion. Additionally, the textile business can be easily established in the town with a wide availability of raw materials at subsidized rates. Further, these finished products can be exported to nearby places for optimizing sales. Also, the Sanganer being one the popular tourist destination number of such small businesses can be established to yield profitability.

Enhanced Growth prospects

Since the region is already well known for its historic culture, block printing and handmade paper manufacturing thus there are better prospects for growth. The pre-existing opportunities of the area can be utilized to achieve better business expansion and setup. Apart from this, all characteristics that are needed to mitigate business complexities, ranging from arranging funds to easy repayment options are available here. Thus, availing the loan for the enterprise needs would be an appropriate choice for increasing and provoking the opportunities in the region.

CHECK YOUR ELIGIBILITY FOR AVAILING BUSINESS LOAN IN SANGANER

Any person who is a resident of India and seeks to establish or expand the business can apply for the business loan.  The credits to any SME and MSME can be disbursed on fulfilling the following criteria:

  • The age of the applicant should be between 22-55 years.
  • The applicant’s business must have achieved a profit for the last 2 years.
  • The applicant must have a sound credit history.
  • The applicant must have filed the income tax returns for the previous year.
  • All financial documents presented should be duly audited by the CA.

DOCUMENTS REQUIRED FOR THE BUSINESS LOAN

The obligatory documents required for business loan disbursement include:

    • A valid government identity proof which may include any of the following:
      • Aadhaar Card
      • Passport copy
      • Voter’s ID
      • PAN Card
      • Driving license.
    • An authentic proof exhibiting the Continuity of Business.
    • Bank statements for the last six months.
    • Corporate Resolution (if Pvt Ltd co. is co-borrower)
    • Partnership Authorization Letter (if partnership firm is co-borrower)
    • ITR record and income computation for the past 2 years.
    • Profit and loss statements and balance sheet certified or audited by CA- for the last two years.
  • Proof of ownership of business or residence.

FACTORS AFFECTING INTEREST RATES FOR A BUSINESS LOAN IN SANGANER

The below-mentioned criteria would be used to evaluate the rates of interest on loans for MSMEs and SMEs. Therefore, to avail the loan an entrepreneur needs to evaluate the business on the basis of the following key criteria:

    • Structure of business: Partnership, Proprietorship, Private or Public Limited.
    • Past records of business
    • Profitability of business
    • Overall turnover of the business
  • The total Cash flow of business

WHAT MAKES FLEXILOANS A ONE STOP DESTINATION FOR AVAILING BUSINESS LOANS?

Our procedure for loan disbursement is extremely easy and efficient. You can get your business secured by getting associated with us. For meeting your all financial needs we will make endeavors to lend you the finances through minimum documentation and subsidized interest rates. With us you will be able to enjoy the following benefits:

  • We are committed to impart the customers’ ease. Thus, we furnish loans without requiring any collateral.
  • We can disburse loans up to Rs 1 crore.
  • Our procedure is extremely fast; get your online application filled within 15 minutes and loan approved within 48 hours.
  • Our loan disbursement process is completely transparent. No hidden charges are applied.
  • Our revolutionary merchandise powered via technology offers customized loan options.
  • We help entrepreneurs by lending loans across all states of India. Till date, we have covered almost 100 cities.
  • No paperwork. Everything is online and complies being extremely safe and secure.

HOW TO APPLY FOR BUSINESS LOAN IN SANGANER?

Ready to get your business empowered by FlexiLoans? Log on to www.flexiloans.com and click to apply soon.


business-loan-in-sanganer-apply-online-flexiloans