The very name Tiruppur, in TN, reminds us about undershirt called as banian or baniyan in the Tamil language. This place has many cotton clothes manufacturing unit including the printing, knitting wet processing unit, spinning facility etc. Also, the ancillary units include yarn process, cones, embroidery, lace making, and button supply unit. Overall, more than five hundred production units and actively taking part in the garments business.
If you want to become a business owner, then consider operating from Tiruppur. You need not necessarily start a garment unit, but export is a great decision to see some revenue in dollars. 80% of cotton export in India is from Tiruppur. Also, you can get the clothes to the Chennai city which has a dense population to generate profit. In short, one can think about using the clothes business in Tiruppur to the best of their knowledge and make huge money. Do not worry, about the business loan in Tiruppur. It is now quick and easy to apply for a loan up to 1 crore.
Online Opportunity – When we talk about export you need not buy the clothes and set up a shop which involves infrastructure cost, salesperson salary, maintenance etc. But, you can simply start an online store and sell in just one click. All, you need is a place to store the things or even you can talk with the manufacturer to send items ordered to the customer directly. However, you can plan a flexible working model to earn a profit
Small Investment and Good Returns – There is no need for huge investment and based on your skills and experience you can invest and still see returns. No great IIM MBA is required but a basic business skill will help you become a business magnate.
Good turnover across the year – Clothes business is not seasonal as across the year different part of the country will require cotton clothes and you can export and keep your business rolling in motion.
Food business – If there are more manufacturing unit in Tiruppur, then you start a food business and serve food to all the workers at a discounted price. This will give you a sense of satisfaction and money.
Dispatch Riding Service – Also, you can think about starting a freights business and help exporters ship their garments.
So there are multiple business opportunities and don’t think twice apply for a business loan in Tiruppur today.
People who are well educated or have a hunger to become an entrepreneur but don’t have a source for investment. Then, stop worrying and contact us. Additionally, a community of students after graduating from college wants to support the country economy with some business, then we are there to fund you. You can take out a loan to start a new business including export, wholesale, or start a retail outlet reach us for the loan. In summary, anyone with a business idea but having no money for investment can apply for a loan. However, as per the Indian constitution, there are certain legal terms for eligibility and they are listed below
Even if you know that you are qualified to apply for a loan, loan approval can happen quickly if you can provide the below-mentioned documents to the financier.
According to TN State’s government policy, the following criteria should be taken into account when calculating the interest rate of micro, small and medium-sized enterprises as well as small and medium-sized enterprises. You can contact us directly to understand our rates clearly.
EMI: However, the monthly repayment amount for a loan depends mainly on the amount of the loan and the duration of the contract. The duration and amount are inversely proportional whereas the loan amount and EMI amount are directly proportional.
We discuss other rates with our clients when processing the loan, which includes:
All this varies from case to case, so we would like to discuss with the individual after they apply online with their documents.
Those who seek a loan always have confusing thoughts. They are worried about which provider is the best, what are their terms and timeline to repay, and so on. We cater to all your concerns and ensure trouble-free lending. Below are some of our loan features.
That’s why we at FlexiLoans offer good prices, we go green without any paperwork, give the best amount, without demanding for collaterals.
We welcome all entrepreneurs and companies to click here and apply for a loan and start your business immediately.