The financial capital of Andhra Pradesh, Visakhapatnam is also called a Vizag. This city is ranked number ONE in the state for its population and stands number 14 in India. India’s by and the large gross domestic product is majorly contributed by this city among the top 10. This being the natural harbor in India (east coast), seafood export business tops all the other ports.

One of the top 100 rapidly growing city in the world, Vizag offers numerous business opportunities. The GDP is USD 43.5 billion and is the 9th richest city in India. The city also called the City Of Destiny and has the first naval base in India. Andhra University is the oldest university in India and from 2015 IIM has started its branch. This adds more value to the city by producing educated youngsters for the development of the country.

Profitable business in Visakhapatnam

If you want to apply for a business loan in Visakhapatnam, but not sure on which business will make you rich. Then find below some suggestions. Talk to us in person and we will give you guidance and finance.

• Seafood Export – Start this export business and you can mint money. Seafood is naturally available in Vizag and the harbor will allow you to do export effortlessly.
• IT Sector – If you want to start an IT business, then you can because of the several educational institutes in Vizag produces many graduates year on year. There is no dearth to talents and start your IT business.
• Pharma Business – You can become an innovator or manufacturer of medical equipment. Yes, AP Medtech Zone Limited provides the testing and manufacturing facility for innovators.
• Ferroalloy Plant – Abundance of manganese ore near Vizag offers an opportunity to start ferroalloy plant.

We provide you a collateral free business loan up to 1 crore to start a business in Vizag and contact us to kick start today.

Who can apply for a business loan in Visakhapatnam

• Applicant age should be between 21 to 55.
• Last 2 years ITR.
• Yearly turnover should be a minimum of 24 lakhs.

Basic Eligibility Criteria

Is FlexiLoans the right place to get a business loan in Visakhapatnam?

Those who seek a loan always have many thoughts. They are worried about which financial institution is the best for a loan, how they can understand the terms and how to pay interest, and so on. We cater to all your concerns and ensure trouble-free lending. Below are some of our loan features.

• We serve over one hundred cities in India across all the states.
• Now we assure you that you are lending money from home at one click. The next concern for you is the documentation. We promise once again that you do not have to worry too much because there is no need to run with any documents. You can apply online with one click. Connect, and submit documents for approval within 2 business days.
• Another problem is the warranty. Feel glad, that we do not demand security of any kind from you.
• Time to discuss the tariffs. You can use our business loan EMI calculator and understand the EMI amounts very easily. No confusions and hidden clause anymore.
• Think of business with one crore investment we will provide you with the money.

So you got an easy process, no paperwork, and huge amount as loan. Don’t wait and call us today for obtaining an unsecured business loan in Visakhapatnam.

Documents Required for Business Loan in Visakhapatnam

Frequently asked questions