Home > Business Loan in Mumbai
Business Loan in Mumbai
Mumbai – the city of dreams and the financial capital of India is known to be an entrepreneurial hub. Everyone comes to the town with hopes to make it big and create a lifestyle like never before.
Young entrepreneurs look for opportunities to create a business empire of their own. However, due to the lack of financial support, they find it difficult to sustain.
But thanks to business loan in Mumbai from FlexiLoans, you no longer have to worry about business capital. With its easier, quicker, and smoother process, you can get a small business loan in Mumbai quickly.
Getting a Business Loan in Mumbai – The Benefits
If you are skeptical about getting a GST business loan in Mumbai, let us help you with a few benefits. Take a loom –
- Repayment Flexibility
The best thing about getting a loan for business in Mumbai is that you get flexible repayment options. You can take up a loan based on your requirements and agree to the time frame during which you can pay your entire amount. The process is easy and does not take up much of your time.
- Get Instant Approvals
One of the most significant benefits of term loan in Mumbai with FlexiLoans is that you can get instant approvals. Mumbai is a busy city, and nobody has enough time to keep running branch after branch to get their loans approved. If you meet all the eligibility criteria, your loan will be approved just in a jiffy!
- Secured Loans
Get both secured and unsecured business loan in Mumbai without worrying about anything.
Basic Eligibility Criteria
| Minimum Business Vintage | 1 year |
| Monthly Business Sales Minimum | 2,00,000 |
Why FlexiLoans?
At FlexiLoans, we understand what you are looking for as a customer. We value your time, and therefore, we ensure that your loan is approved as soon as possible, provided you meet with our eligibility criteria.
We are spread over 1000 cities in India, and we have created some of the best and the most innovative product solutions for you. Wondering why choose us? Here is why –
- We make it easier for you! We offer a completely paperless documentation process. All you have to do is fill-up your form, submit your documents, and your loan will be approved within 48-hours.
- You can get unsecured loans here with us. Meaning, you can get a business loan without having to put any security.
- There is no hidden fee or extra charges that you have to pay with us. Our loan procedure is transparent.
Worried about how to get business loan in Mumbai? Just fill up your form here.
Documents Required for Business Loan in Mumbai
| 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?
- Why should I avail loan via FlexiLoans?
- What documents are required to apply for a loan?
- Are there any charges other than interest rate that I have to pay to avail the loan?
- Do I need collateral to apply for the business loan?
- The maximum amount of loan that I can get?
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.Do I need collateral to apply for the business loan?
You can get a business loan without collateral at FlexiLoans. Just click on the link here and apply for the business loan.The maximum amount of loan that I can get?
You can get an unsecured business loan up to ₹1 crore.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.
Do I need collateral to apply for the business loan?
You can get a business loan without collateral at FlexiLoans. Just click on the link here and apply for the business loan.
The maximum amount of loan that I can get?
You can get an unsecured business loan up to ₹1 crore.