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Loan for Hardware and Sanitary Product Business

In recent years, the bathrooms have combined functionality and comfort, reflecting the standard of living of an individual.  In order to improve the manifestation of bathrooms, there is a steep demand for hardware and sanitary products has increased throughout the country. There is a rapid change in this business due to the many modernizations. For example, motion detectors are installed in faucets, cisterns, and toilets to ensure the hygiene and simplicity of the bathroom. Yet, recent next-generation bath accessory having a reception in the market is the sensor fittings equipped with short-time switches for resourceful water use.

Steps involved in starting a hardware and sanitary product business

We will provide with the basic idea for setting up a sanitary ware business. Indeed it is a profitable business and you can expect a fair amount of profit. If you begin your business in the right place, where you find many customers, then you can skyrocket your business. Also, choose the right brand and the right product variant for generating profit at the earliest from your business.

Brand: The primary factor to consider in starting this type of business is choosing the best brand. In the sanitary sector, there are numerous brands available in this business. For instances, India has a hundred+ brands and you can choose from one. The choice of the brand determines the variation of the profit and the variation of the varieties in your company. You can even consider having products that are good to go for senior citizen which will have more reception from the hospitals to install for patients. If you are planning to open a showroom, it is best to choose health products from a single brand. When selecting a brand, you should see if that brand contains the entire product list you want to display.

Costs: Next comes the cost factor and here you need to make sure the members of the showroom select high-end products, mid-range products, or low-end products. In this way, you can choose a brand that offers a reasonable variety of hardware and sanitary products. Previously, you can conduct a randomized study on the prices of certain brands that can help you choose the right brand.

Customers: Now comes the most important factor to consider and it is the clientele. Watch what kind of people are located in the place where you plan to set up the showroom. Take a customer survey and get inputs about the products you prefer. See, for example, whether customers have a need for luxury items or basic needs. For example, there are European cabinets, table-top sinks, wall hangings, designer sinks, etc available in the market. Therefore, confirm this before you establish your business.

Place: Location plays a vital role as it decides the type of people their income level and their needs. By doing so, you can invest accordingly in such area. For a posh living society, you need to set up high-end showroom as people may look for only reputed brands. Also, showroom in a central area will have more movement than in remote areas. But if there is any huge residential apartment in a remote area, then you can target that location for personalized service. There will be limited competition as well. Check the utility bills in the locality before you start a shop. There are areas which will have higher charges than others. So you need to check for a locality considering rental value as well.

Product variation: Then you have to decide what the products in demand are. For instance, if you take a sink, there are more than ten models in the sink. You need to choose the moving model and keep them on the display to attract customers. Likewise, urinal commodes come in different color and models. Based on the need you must purchase. You can initially set up with some basic models and once people start enquiring, then you can get them. But make sure to retain customers by providing them what they look for.

From the previous section, you might have got some thoughts about planning and starting the hardware and sanitary product business with the right steps.

Main advantages/features of FlexiLoans in offering loan

  • We offer unsecured loans to SMEs. As per the name, the unsecured SME loans do not ask for any guarantee. Borrowers can claim up to ten millions of rupees in the form of a loan
  • The lender calculates a competitive interest rate. Use our EMI calculator to get a clear picture.
  • Flexible and personalized payment options are available for loans.
  • Candidates do not need to mortgage their assets to obtain loan for hardware and sanitary product.
  • All loans are paid on time.
  • The credit processing time is 2 working days and the mode of applying is online.
    Choose one of the hundred cities where we offer commercial loans to start hardware and sanitary business.

Apply for a loan by filling the form online, uploading documents and wait for a call from us to collect your loan amount. It is that quick and we welcome you and serve your need.

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


  • - 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.