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Business loan in Hyderabad

India's cities are teeming with business opportunities today. Entrepreneurship is seeing a boom, with plenty of options for investments and loans. FlexiLoans aims to be part of this massive growth story. We're here for your financial needs, be it to start a small business or to fill short-term cash flow gaps. And we provide collateral-free loans across all parts of India.


Benefits of Business Loan at Flexiloans

FlexiLoans is now part of the growth story in Hyderabad, as we now have loan offers for all small businesses. We provide low-interest and collateral-free business loans with a simple application process and flexible payment options. Get the FlexiLoans advantage now!

Simplicity and Speed

FlexilLoans has a plan that works for all your business needs in Hyderabad. Our primary mottos are Simplicity and Speed. The application procedure is simple and completely digitalized. The documents required are minimal, further simplifying the loan application process. The loan will be credited to your account within three days of the date of approval of your documents.

Flexibility in Repayment

FlexiLoans understands that there needs to be flexibility in loan repayment options. We do not follow a one-size-fits-all approach but change the terms, taking into account the needs of individual businesses. Businesses and entrepreneurs in Hyderabad also avail themselves of this much sought-after approach.

Improved Creditworthiness

Loan applicants in Hyderabad, availing of a business loan from us, stand to improve their creditworthiness. This is because we share the repayment data with three different credit rating agencies in the country, which includes CIBIL. We consider individual cases, unlike other loan companies. We are also open to lending to applicants who have seen a slight drop in their credit rating in the recent past.

No Collateral Requirements

Our loans are collateral-free, where the businesses need not pledge their assets with us. This is another advantage that we provide our customers in Hyderabad.

Lesser Interest Rates

We determine the interest rates for the business loans on a case-by-case basis by taking several factors into account. These include business stability, creditworthiness, and the amount required. We charge one of the lowest interest rates in the industry. You will have to pay nothing extra apart from the interest and processing fee that we charge during the business loan processing stage. If you are seeking a FlexiLoan in Hyderabad, you can check the interest rates by using the business loan calculator on our website.


Eligibility Criteria of Business Loan in Hyderabad

Minimum and Maximum Age

The applicants should not be younger than 21 years and not older than 60 years on the last day of the repayment period.

Business Income Requirements

The business should have a minimum revenue of INR 20 lakh. It should also have filed an ITR in the last two years with a minimum taxable income of INR 2.5 lakh. Finally, the business should have seen an increase in revenue and profits in the last two years. This is one of the major requirements for having the loan application approved from our end.

Stable Business

We look for business stability before disbursing loans. A good track record will ensure more favourable terms for the business you run in Hyderabad. In comparison, a newer business might get approval for a lower loan amount.

Leverage

FlexiLoans assesses the applicant’s ability to repay the business loan before approving the loan application. A higher leverage in the balance sheet of a business might negatively impact the repayment ability of the debtor. While we consider other outstanding debts as an important factor, it is not the only factor that we consider. There are several other factors that we take into consideration to assess the repayment ability of the debtors, such as the amount of business loan requested and creditworthiness.

Creditworthiness

The creditworthiness of the applicants is another factor that we consider before approving the loan process. A higher credit rating will ensure more favourable terms for the applicants. A CIBIL credit score of 700 or more is generally considered to be favourable for obtaining a business loan in all cities, including Hyderabad.


Documents Required for Business Loan in Hyderabad

KYC Documents Pan Card
Residential Proof (any one) · Rent Agreement · Driving License · Voter's ID · Ration Card · Passport
Bank Statements Current Account Statements for the last 6 months
Business KYC · Certificate of GST Registration · Certificate of Shop Establishment
Documents for loan requirements above INR 20 lakhs · Audited Financial Statements for the last 2 years · Income Tax Returns for the last 2 years · GST Returns for the last 6 months

Frequently asked questions

What are the purposes for which I can get a business loan in Hyderabad 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 business loan. You may get business loans in Hyderabad 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 business loan in Hyderabad via FlexiLoans?

Quick credit assessment ensures fast disbursal of business loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business in Hyderabad.

What documents are required to apply for a business loan in Hyderabad?

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 business loan in Hyderabad?

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.

The maximum amount of business loan in Hyderabad that I can take?

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

How to make loan repayment in case of bounce?

In case if there is any bounce’s for repayment, you can make the payment in the bank account which is mentioned in the welcome email.
What are the purposes for which I can get a business loan in Hyderabad via FlexiLoans?

What are the purposes for which I can get a business loan in Hyderabad 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 business loan. You may get business loans in Hyderabad 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 business loan in Hyderabad via FlexiLoans?

Why should I avail business loan in Hyderabad via FlexiLoans?

Quick credit assessment ensures fast disbursal of business loan at best rates and flexible terms, thus providing financial access at a click! Our business is to help you grow your business in Hyderabad.
What documents are required to apply for a business loan in Hyderabad?

What documents are required to apply for a business loan in Hyderabad?

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 business loan in Hyderabad?

Are there any charges other than interest rate that I have to pay to avail the business loan in Hyderabad?

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.
The maximum amount of business loan in Hyderabad that I can take?

The maximum amount of business loan in Hyderabad that I can take?

You can get an unsecured business loan in Hyderabad up to ₹1 crore.
How to make loan repayment in case of bounce?

How to make loan repayment in case of bounce?

In case if there is any bounce’s for repayment, you can make the payment in the bank account which is mentioned in the welcome email.

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.