Apply for Unsecured Business Loan in Telangana

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Business Loan in Telangana

Loans are beneficial when someone is looking for an extra amount of cash. Business loans are a part of such a line of credit that can help a business grow to a great extent when used the right way.

When it comes to business loan in Telangana, there are different ways to get them. One of the most useful and trustworthy platforms to get hold of an unsecured business loan in Telangana is to register with FlexiLoans.com.

Telangana is a young state in India that offers an array of opportunities to the fledgling minds. With over 8500 projects running in the city, one can invest in any one of those and get the right amount of return.

But, if you are low in capital, what do you do?

The best way to get some loan against POS is by applying for a collateral free loan for business in Telangana. This way, you will be able to receive the amount of money you are looking for and be ready to invest the amount.

Benefits of Getting A Business Loan in Telangana

There are different benefits of getting a small business loan in Telangana. They are –

Mobile App Making

With more and more industries showing interest in the state, it has become more accessible for people to invest in such companies. Mobile app development is another such money-spinning idea that can help you grow to a great extent. If you opt for a GST business loan in Telangana from FlexiLoans.com, you will be able to invest in the mobile app development sector and earn high profit from the same.

Retail Business

Investing in the retail business is another exciting opportunity for you. Get your vendor financing done, and you will be able to be a part of the state's primary revenue generation industry. You can sell stationery items, gifts, or mobile accessories as a start and hope to make it big later.

Grocery Business

This is a type of commodity that never goes out of demand. People will always need food, and by investing in the grocery business, you not only help yourself, but you also help the people around you by providing them food and the necessary items.

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Basic Eligibility Criteria

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

Why Choose FlexiLoans.com?

There are several reasons why flexiLoans.com is a safe place for you to begin your loan hunt. But one of the reasons is the type of flexibility that we offer. You do not have to keep wondering how to get a business loan in Telangana – you can register in our form, and we will do the rest for you. Here are a few other benefits of the same –

Get loans up to 1 crore.
Loan disbursed in just 48-hours, providing that you meet all the eligibility criteria.
No hidden cost, extra charges.
100% collateral-free loans.

Documents Required for Business Loan in Telangana

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.

Are merchant cash advances a good idea?

You can opt for a merchant cash advance if you want to meet an immediate cash requirement and do not want to go with the burden of paying large monthly EMIs.