Home > Finance for Automobile Business
Finance for Automobile Business
We all need vehicles to go from one place to the other. Whether its a two-wheeler automobile or four-wheeler, every Indian dream of owning both of them. With the help of a business loan, you can make a fortune out of this Indian dream. If you have an automobile business for which you need extra money to facelift your showroom or bring another car manufacturing brand in your showroom, then a business loan from FlexiLoans is here to help. With our business loan, you will be given the required principal amount without asking questions. You can do invest in your business any way you wanted there are no restrictions whatsoever.
Finance for Automobile Business
The automobile business is expanding in India, more and more millennials are buying the cars of their dream, and it is the right time for you to invest in this business if you want to increase your profits. In addition to this, finance for the automobile business is quite common, and many banks and NBFCs are willing to provide a loan. Keep this in mind, the automobile industry requires a massive investment, and it might take some time before you start making money from it. So it's better to keep your savings intact and use our business loan to meet your business's financial demands.
Auto Business Loans & Financing
Even if you are not running a showroom of cars, we are still willing to provide you a business loan, the only thing that matters is your business needs to be running for about one year at least. Likewise, with this loan, you get the opportunity in terms of both capital and time for you to increase revenue from your business.
Basic Eligibility Criteria
Minimum Business Vintage | 1 year |
Monthly Business Sales Minimum | 2,00,000 |
Business Loans for Auto Repair Shops
Small business loans for auto repair stores might be a hoax for some people, but it is our reality, and we are proud to provide this loaning scheme to repair the store. These small business ideas are why India is one of the fastest developing countries in the world. When you get a business loan, you not only get capital for your business but also get a chance to improve your credit score. This will help get a loan from the banks and NBFCs in the future.
The documentation process of a business loan is hassle-free, and you can submit it in just one hour. You can connect with us and make sure what documents you need to fill the business loan application. Furthermore, FlexiLoans believes in fast loan approvals, so make things easy from our customer end.
Documents Required for Finance for Automobile Business
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?
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 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 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.
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.
What is the business loan interest rate?
Interest rates start at as low as 1% per month. However, it may depend on various factors like your loan amount, tenure, eligibility, etc.
Recent Posts
- How to Check Bank Balance Online Without Going to the Bank
- Learn How to Earn Money Online Without Investment for Students
- 10 Reasons Why You Should Take An Equipment Loan
- Business Loan Requirements: 7 Things You’ll Need To Qualify
- Best Small-Business Loans Of 2023
- The Benefits of Building a Relationship with Your Business Lender
- The Importance of a Solid Business Plan for Loan Applications
- Top 31 Small Business Ideas with Low Investment and High Profit
- Apply for MSME/PSB Loans in 59 Minutes – All You Need to Know
- View More
Business loan
Business Loan Type
- MSME Loan
- Small Business Loan
- Business Loan for Women
- SME Loan
- Term Loan
- Loan against POS
- Line of Credit
- Vendor Financing
- GST Business Loan
- Wholesale Business Loan
- Short Term Business Loan
- Self Employed Business loan
- Unsecured Business Loan
- Collateral Free Business Loan
- Corporate Loans
- Instant Loan on Aadhar Card
- Working Capital Loan
- View More
Business Loan by Industry
- e-Commerce Business Loan
- Retail Business Loan
- Sole Proprietor Business loan
- Mudra Loan Interest Rate
- Myntra Seller Business Loan
- Amazon Seller Business Loan
- Flipkart Seller Business Loan
- Paytm Seller Business Loan
- Business Loan for Traders
- Business Loan for Shopkeepers
- Import Finance Business Loan
- Service Sector Business Loan
- Finance for Automobile Business
- Beauty and Personal Care Business Loan
- Footwear Business-Loan
- Fashion Industry Business Loan
- Loan for Accessories Business
- View More
Business Loan by City
- Business Loan in Bihar
- Business Loan in Mumbai
- Business Loan in Kolkata
- Business loan in Delhi NCR
- Business Loan in Pune
- Business Loan in Hyderabad
- Business Loan in Chennai
- Business Loan in Bangalore
- Business Loan in Ahmedabad
- Business Loan in Coimbatore
- Business Loan in Jaipur
- Business Loan in Surat
- View More
Business Ideas
- Best Business Ideas in Tamil Nadu
- Business Ideas to Start in Gujarat
- Business Ideas in Jaipur
- Top Business Ideas in Bangalore
- Business Ideas in Pune
- Business Ideas In Bihar
- Small Business Ideas in Punjab
- Business Ideas in Goa
- Business Ideas in Kolkata
- Small Business Ideas for Rural Areas in India
- Wholesale Business Ideas To Start In India
- 10 Part-Time Business Ideas
- 31 Small Business Ideas with Low Investment and High Profit
- Business Ideas for Women
- View More
Trending Articles
- Advantages and Disadvantages of Goods and Services Tax in India
- Difference Between Flat Interest rate vs. Reducing Interest rate
- Importance of Working Capital Management
- How to Start a Pharmacy Business in India?
- MSME Registration Process
- Business License in India
- How to Check Your Small Business Loan Status
- MSME Registration Benefits in India
- A List Of Businesses That Come Under MSME
- PMEGP Scheme List
- How to Change Name and Address on PAN Card
- Udyam Aadhar Registration Online
- Schemes and FAQs Related to Jan Samarth Portal
- Documents Required For Pan Card
- GST Late Fee Interest Calculator
- How to Write a Cancelled Cheque?
- Poultry Farm Business Plan
- View More