BUSINESS LOAN IN VASAI

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Business Loan in Vasai

Situated at a distance of 54 km from Mumbai central, the state capital of Maharashtra, Vasai is known for rich culture, amazing food, forts, Portuguese church, Bhuigaon beach and a lot more interesting things. But it is also a dream destination of both the aspiring and established entrepreneurs. You can’t deny its location advantage; to reach the business capital of India, it takes only 1 hour 30 minutes by road.

The town is favourable for agriculture and fishing based business like rice mill, fish preservation, cold storage, ice factory are primary industries since ancient times. Today electronics, IT, energy sectors are also emerging. If an entrepreneur lives within you, give it a proper shape. The fact is known to all that any business venture needs investment to start and right at that point FlexiLoans is there to provide you with the most suitable loan for business in Vasai. The experts of FlexiLoans will help you in every way that is linked to business loan in Vasai.

We are an online lending platform to guide you about all your business finance-related matters. Starting a business is not a big deal. But to succeed is something that counts. Feel free to contact us to know about the type of business loans we offer, how to get business loan in Vasai.

If you are thinking of upgrading or expanding your business, we have specially designed small business loan in Vasai. Our unsecured business loan in Vasai is customised to suit your plan about the venture. GST business loan in Vasai are extremely popular nowadays. It is a term loan based on your GST returns.

FlexiLoans also offer another useful business tool named as invoice financing for improved cash flow. Another lesser-known loan line of credit is also there for our customers to borrow extra money up to a certain amount during special needs. Say, for example, the sale of cakes increases multiple times during Christmas and New Year. As a cake supplier, you might need more funds during this season. Our swift loan against POS gets credited to your business account depending upon the credit card sales.

Consider having a discussion with us before applying anywhere for your business loan.

We have exciting loan offerings to support your business financially. You can avail our line of credit anytime you need funds within the max credit limit. You can expect the funds of your loan against POS will be deposited into the account within 24 hours. To improve the cash flow into your company, try our invoice financing.   

To solve all your business loan related issues, FlexiLoans is here for you anytime.


Basic Eligibility Criteria

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

Documents Required for Business Loan in Vasai

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.

What security do I need to provide to avail a Business loan in Vasai?

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.

How is interest rate calculated on a business loan?

  • Business Loan interest rate is calculated basis- E = P * r * (1+r)^n / ((1+r)^n-1).
  • Here, P signifies principal loan amount, r signifies the interest rate, n stands for tenor in months and E signifies the EMI amount.
  • You can use the FlexiLoans EMI Calculator to check the interest payable, EMI amount and more.

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.