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Business Loan in Siwan
Siwan in Bihar is the birthplace of India’s first President Dr Rajendra Prasad. The economy of the district is agriculture driven. The major agricultural produce is paddy, potato, maize and wheat. Technology-based farming tools have increased the amount of crop production to a large extent.
The small and micro enterprises of handicraft items, artisan products like wooden furniture, leather objects, paper made products, handlooms. Dairy firms are significant industry sectors. But recently, the government is planning for the varied industry set up in this district with immense potential.
Do you want to expand your business? Then come to Flexiloans as we provide a business loan in Siwan to all the people who have existing businesses.
We have different solutions regarding loans for business in Siwan. Our small business loan in Siwan is appropriate for the small scale industries which cover the majority of the industry sector of the district. FlexiLoans also provides an unsecured business loan in Siwan which is immensely popular because it does not require any collateral. We also sell GST business loan in Siwan, which has simplified reviewing norms based on your GST return statement. This is for any self-occupied residential, industrial or commercial property. A business owner with valid GST id can apply, and we will approve it after assessing the associated data.
Along with this full-fledged business loan, we also have some attractive short term flexible loan options. The term loan is to have an adequate fund for maintaining the operational cost. For seasonal entrepreneurs, a line of credit is a convenient choice to avail added funds when there is a surge on the sale of the product or service. A loan against POS is not a loan but advanced cash which you can obtain depending on the credit card swipe history. Meet your business goals even when the vendors are delaying making payment by vendor financing based on the due invoice.
We have a dedicated team of employees who are continuously resolving the loan related doubts for each and everyone and guiding them about how to get business loan in Siwan.
Basic Eligibility Criteria
| Minimum Business Vintage | 1 year |
| Monthly Business Sales Minimum | 2,00,000 |
Documents Required for Business Loan in Siwan
| 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?
- Why should I avail loan via FlexiLoans?
- What documents are required to apply for a loan?
- Are there any charges other than interest rate that I have to pay to avail the loan?
- What security do I need to provide to avail a Business loan in Siwan?
- Is EMI service available to pay business loans in Siwan?
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 in Siwan?
FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.Is EMI service available to pay business loans in Siwan?
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.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 in Siwan?
FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.
Is EMI service available to pay business loans in Siwan?
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.