LOAN FOR COMPUTER BUSINESS

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Loan for Computer Business

Computers have become indispensable commodities today. They have virtually gained prominence as being one of the basic necessities. After growing incredibly for years, the field of computing still appears to be reaching sky-high altitudes. If you have experience with computers and associated technology, then you’re on the right track to becoming a successful businessman. The market for computers and its peripherals is increasing speedily. Despite economic downturns following industry has been witnessing a stable demand. Moreover, the market pertaining to this industry is highly diversified and so has been with its consumer base. The large computer base, well-groomed e-commerce market, rising levels of disposable income and government initiatives like e-governance are catalyzing the growth in the industry. Furthermore, the market for computers is proposed to witness strong growth over the coming years as well.

Thus, in a bid to assist entrepreneurs in fuelling their business dreams FlexiLoans provides smart financing solutions in India. We at FlexiLoans pride ourselves in offering hassle free business loans for computer business. Our loan disbursement procedure is easier and quicker thus you would never feel disappointed by getting connected with us.


Profitable startup ideas for computer enthusiasts

COMPUTER STORE

It is an exceedingly profitable enterprise in the industry. The ever-widening IT industry facilitates a strong foundation for computer stores or retail showrooms. Additionally, the computers and its peripherals have a stable demand as with each anticipated product launch customers keep on craving for newer products. Thus, the business is highly self-rewarding and requires you to put sizeable capital funding.

COMPUTER ASSEMBLING

This is the industry’s most gainful enterprise. Investing in computer assembling is one of the smartest ideas for computer savvy person. The computer assembling business entails to providing customized PC making services. The components required for this business can be easily procured either from domestic or overseas markets. However, the business will require you to make a considerable investment.

COMPUTER ACCESSORIES STORE

Computer parts retailing is another moneymaking business in India. The venture deals with selling various parts and accessories of computer which may include a wide range of products such as motherboard, keyboard, mouse, charger, hard disk, processor, battery, etc. The business can be initialized with moderate capital. Furthermore, selling these add-ons can sometimes enable you to fetch higher earnings rather than the primary products.


How FlexiLoans can help your business scale new heights?

We at FlexiLoans assure to guide you at every step. We make endeavors to simplify financing options so that your business can scale new heights within no time. Whether you want to launch a new venture, purchase machinery, revamp existing business or outperform your competitors we will help you meet all your business demands just at a click.  To explore more about our benefits read below:

  • No Security: We assure to do not bother you about providing security to cover your loan.
  • No Paperwork: We won’t make you run around for documentation. We just require you to submit a few essential documents online.
  • Easy Process: Our loan disbursement procedure is super quick. Fill the online application and get your loan approved within 2 working days.
  • Safe and Secure: We understand your safety concerns. We keep your data secured using the highest levels of security.
  • Customized Products: We understand the distinct needs of your business. Thus, we provide tailor-made loan services to meet your demands.
  • Convenient Borrowing: We offer a 100 percent loan amount up to INR 1 crore.
  • Strong consumer base: We have 100 + branches spread across India.

Basic Eligibility Criteria

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

Documents Required & Basic Eligibility for Grocery 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.

How much business loan can i get in India?

You can get an unsecured business loan upto ₹1 crore at 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.

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.