E-COMMERCE BUSINESS LOAN

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E-COMMERCE BUSINESS LOAN

E-Commerce Stores Can Solve their Capital Issues with an E-Commerce Business Loan

There are very few e-commerce businesses that can survive once they cross the one or two year mark. Experts are of the view that online stores generally fail because of several important contributing factors.


The Importance of E-Commerce Business Loans

  • For beginners in business, e-commerce can be highly competitive. But the problem is that there are several barriers to making an entry into this field. 
  • More significantly, monetary mismanagement has an important role to play in the failure of these stores. 
  • Financial problems occurring in the management and maintenance of these stores is an irony because they are considered to be more lucrative because of the fewer liabilities they come with. 

E-Commerce businesses can easily thrive in little inventory and small space. But why is this struggle for proper finances, and how can they be eliminated? Simple, going for an e-commerce business loan from FlexiLoans can turn out to be highly beneficial.


Basic Eligibility Criteria

Minimum Business Vintage 1 year
Monthly Business Sales Minimum 2,00,000

Getting Away with the Primers on Working Capital

Majority of the online sellers in India are well aware of the cash flow in the business. But the problem is that not all of them have a clear understanding of the differences between working capital and cash flow. 

  • Cash flow is the difference between expenditure and income in a specified period while working capital is the difference between the liabilities and the assets of a business in one financial year. 
  • The tricky part here is that working capital, by definition, does not include cash flow. Inventory or cash flow that is liquidated quickly can effectively be used for making payments. 

This problem of having sufficient working capital can easily be solved by going for online seller finance. E-Commerce stores can easily apply for online seller loans in India at FlexiLoans and avail some of the greatest advantages.


Rectifying Errors by Going for E-Commerce Loans in India

There are mainly two issues fuelling poor working capital among the e-commerce businesses in India. They are vendor terms and inventory management. The best thing that these businesses can do to avoid such problems is to procure e-commerce loans in India. They can get small business loans for e-commerce vendors, possibly because these loans can help them in paying the vendors.

It is always considered a healthy financial habit to make use of loans for e-commerce business for capital purchases instead of using them for paying off varied liabilities.


Documents Required for E-Commerce Business Loan

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.

Where to get a business loan without collateral?

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

For how long will it take for the credit team to approve the loan?

Usually, it takes around 48 working hours.

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 upload the document.