BUSINESS LOAN IN MUMBAI

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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 –

  1. 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.
  2. You can get unsecured loans here with us. Meaning, you can get a business loan without having to put any security.
  3. 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?

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.

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.

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

We may charge processing fee to facilitate the loan towards legal and documentation charges.

You can get a business loan without collateral at FlexiLoans. Just click on the link here and apply for the business loan.

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