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Business Loan In Surat

No matter what you call, the diamond hub, Textile City or an Embroidery Capital of India, Surat has always been a dream city of entrepreneurs. It is one of the fastest growing cities in the world and is accounted to be the ninth largest city in India. Beholding its medieval charm and uninterrupted beauty the city serves as one of the prime business locations in India. It is also one of the prominent port cities offering wonderful business opportunities with its strategic location. The growth of this city as an important commercial hub has been powered by the succession of textile and diamond polishing & cutting industries. About 8 out of 10 diamonds around the world are cut and polished in Surat. Additionally, more than half of India’s man-made fiber including Zari, elastic straps and stopcocks used in plumbing are manufactured in Surat in thousands of small scale units spread across the city. The contributions of Surat to the economy of Gujarat makes it one of the most prosperous states of India. The per-capita GDP growth of this state is claimed to be more than India’s average. Furthermore, the historic city, Surat is projected to witness another breakthrough development with huge investment in heavy industries.  Thus, there are wonderful opportunities for business in the city. With its developing economy, the city encapsulates a lot under its hood for the existing and upcoming business ventures.

Best ideas to start business in Surat

Garment manufacturing:

Surat is the largest manufacturer of man-made fibers and the second largest producer of cotton textiles in India. Thus, meaning that if one wants to start textile or garment related business in city raw material and textiles can be easily procured at the cheaper rates. This advantage can also be used to sell products to other states and countries.

Fast Food Restaurant

Surat is a foody city thus starting a fast food restaurant in the city can be a profitable venture. Even the profit margin in the food business is quite lucrative. Since many of the prominent food chains are not currently present in the Surat, therefore, starting own food business can help you yield great success.

Printing and Embroidery Unit

Almost all of the manufactured garments need printing and embroidery. Surat is already occupied with garment manufacturing units, therefore, this provides a good opportunity for the said business area. The required business can easily be expanded with the easy availability of resources and trained labors.

Realizing the potential that these small business ideas encapsulate FlexiLoans offers quick unsecured business loans in Surat. Through this, FlexiLoans aims to fulfill the all financial needs of entrepreneurs entailing to business setup and expansion.

Basic Eligibility Criteria

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

Check your eligibility for availing business loan in Surat

For the availing the business loan a borrower and his business need to fall under the below eligibility criteria:

  • The minimum and maximum age limit for the applicant is 21 years and 65 years respectively.
  • The business should have gained the profit for at least for the past 2 years.
  • The applicant should have a good credit rating.
  • The applicant must have filed the IT returns for business for the last two years.

Why prefer FlexiLoans rather than other financiers?

A business thrives through the right financing. And right financing starts through a right financier. Thereby, it becomes important for the borrower to search for the right lender. However, we completely understand this and ensure to provide you the easiest way to avail finances. With our simple strategies and procedures, you would probably acclaim being associated with us. To explore more about our benefits read below:

  • Paperless: No needs to visit us in person fill online application and get your credit score generated within a day.
  • No collaterals: We simply believe in your dreams. We demand no guarantee and offer 100 percent loan amount.
  • Fast track procedure: Our loan disbursement procedure takes minimal time. Once the documentation is done you can get your loan approved within 48 hours.
  • No hidden charges: Our procedures are completely transparent and no hidden charges are imposed.
  • Wide existence: We are not expanding business centers instead we are extending relationships. We are present across 100 cities of India and still on a move to cover more regions.
  • Extended capacity: We can offer you the loan amount up to Rs 1 crore.

Documents Required for Business Loan in Ahmedabad

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


  • - 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.

How much amount can be borrowed as business loans in Surat?

You can get an unsecured business loan up to ₹1 crore.

Is EMI service available to pay business loans in Surat?

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.