IMPORT FINANCE BUSINESS LOAN

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Import Finance Business Loan

Import finance is the money used by an individual or a company to bring goods from the international market to India. Import transactions are a real burden to companies. They often involve a significant amount of money for a long time, even before the products have been delivered to the country. FlexiLoan's import finance provides you a bridge of working capital with cheaper cost of funds. Today we are going to show you some of the benefits of taking import finance business loans from FlexiLoans.


Import Finance Business Loan

With the help of import finance, you can optimize your company's cash flow and spend it according to your requirement without having to worry about the import cost of products. Over the past few decades, since the world has become a global village, we have seen a surge of international trade from expensive sports cars to antiques and clothes. There are certain benefits that one gets when they are importing goods from the global market. On the other hand, there are many challenges and one of the biggest challenges in doing business overseas with extended payment terms. Meaning you have to buy large volumes resulting in conducting more business than available funds can support. As a result, it could lead to drainage of capital in a short period.


Basic Eligibility Criteria

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

Finance for Importers & Exporters

At FlexiLoans, we care about you and your business; thus, we provide custom-tailored solutions according to your import needs. Our relationship manager is experienced in trade finance, so they understand your need for capital and provide you with the best solutions. The processing of import finance loans can take up to months, but that's not the case with our service. Just like any other loan, once you provide all the necessary documents for the verification. Your loan will be sanctioned as soon as possible. That's the reason why a lot of companies take a loan for import business in India


How to get an import-export business loan in India?

It might look not easy to you, but getting an import-export business loan is reasonably easy with FlexiLoans. All you need to do is go to your browser and search for our website. Give us a call or fill the form so we can call you back. Once you are done providing your initial information, we will get in touch with you, and from there, your loan process will start.


Documents Required for Import Finance 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.

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.