FASHION INDUSTRY BUSINESS LOAN

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Fashion Industry Business Loan

Fashion is never going to be unfashionable. People will buy clothes until their last day on earth. As a result, we hardly see any slowdown in the fashion industry. If you are running a business that deals with selling apparel, then it is the right time for you to extend your business and grow your annual revenue. A business is only profitable as long as it is growing. Today we are going to show you how you can avail fashion industry business loan with the help of your mobile phone, all you need to do is visit our website FlexiLoans or give us a call, and we will make your dream a reality.

Boutique & Clothing Store Loan

It might not look to you, but the clothing industry is quite competitive, and you always need to be one step ahead of your competitors. The best way to be on top of all the clothing trends is to buy a franchise for international clothing brands. This way, you will have all the latest stocks in your store as they get launched worldwide. But to get these brands on board, you need some serious money. Nike, Gucci, Louis Vitton, even Zara don’t come in cheap. It’s better for you to take a loan and then get those franchise brands in your store. This way, you won’t end up with an empty bank account and store filled with costly clothes.

Get Apparel & textile Financing.

If you have a textile business that needs funding for expansion or you need to open your showroom, then a business loan is the way to go. Your business only needs to be running for about 1 year in order to get this loan successfully. Business loan is different from your other loans, such as personal or gold loans. For this loan, you don’t need to provide any collateral as a security against the principal amount of the loan. 

According to your requirement, you can avail of different types of business loans, which can provide you money on specific intervals, and you can decide if you want to spend it or not. In addition to this, the textile industry can change overnight, and you need to be one step ahead of the change if you want to make a profit in this line of work. With the help of FlexiLoans, you will be able to uplift your branding and buy machinery for your new production. Thus, ensuring your business that stays profitable to you.


Basic Eligibility Criteria

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

Documents Required for Fashion Industry 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.

What security do I need to provide to avail a Business loan?

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.

Which business loan is the best for Boutique & Clothing Store?

We provide various kinds of unsecured business loans. We offer the best kind of business loan that meets your requirements.

What security do I need to provide to avail a Business loan?

FlexiLoans provides only collateral free business loans. So, you do not need collateral for applying for a business loan.

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.