Cibil Score Business Loan

There is a huge role played by CIBIL score for a business loan. The CIBIL score is a 3-digit number representing the credit history of an individual. This score is calculated based on the credit history of the individual along with his or her past debts ranging between 300 and 900. The majority of the lending organizations require the borrowers to have a good CIBIL score to avail certain loans. They use the Cibil score of an individual for checking his or her creditworthiness. FlexiLoans has a clear understanding of the fact that several factors can take a toll on the Cibil score of an individual. Therefore, we offer a business loan for low CIBIL without following the Cibil score norms. We have our very own holistic process of evaluating the creditworthiness of our borrowers.

Cibil score for Business Loans without Collateral

The credit report for the business loan availed by a certain individual is very important. The score denotes whether an individual has successfully paid off loans taken from financial organizations and banks. Based on the timely loans payments of the borrowers, the Cibil score is duly generated. The ones who have been defaulters or have not paid the loan amount taken generally have low Cibil scores. The minimum Cibil score business loan amount is 750. Individuals who are unable to get a score within 700 and 900 might not be eligible to avail a term loan or invoice financing. But with FlexiLoans, things and situations can be completely different.

Basic Eligibility Criteria

What Makes Us Different?

We, at FlexiLoans, completely understand that every individual and business is exclusive. The restricted criteria of calculating the Cibil score for availing a loan against POS, line of credit loan or any other form of the business loan will not be able to capture the peculiarities of small businesses. Thus, for a solution, we have come up with our way of evaluating the Cibil scores of the borrowers. If you require business loans on an emergency basis with a low Cibil score, you can always come to us and avail the loans we have on offer.

We are a non-banking financial organization that can offer you the best rate of interest business loans even if you have a lot of credit score. And yes, you do not need to provide any collateral for availing our business loans.

Documents Required for Cibil Score Business Loan

Frequently asked questions