MYNTRA SELLER BUSINESS LOAN

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Myntra Seller Business Loan

Nowadays, everything is being carried out online. The whole world now depends on different online platforms. This has led many small businesses to sell their products and services on the different eCommerce platforms that have gained huge popularity in recent times. Take for example; there are a large number of sellers operating on Myntra. But simply being available with your goods and services on Myntra will not bring in any profits. The sellers need to put in good money on the expansion of their business and even on advertising. Stock management is also an important responsibility or expenditure that needs to be handled. All this and more can be done by going for Myntra seller business loan available at FlexiLoans.


Manage Business Set Up Costs with FlexiLoans’ Myntra Seller Loans

Our term loan comes in quite handy for the Myntra sellers as the cash thus obtained can be used for making the initial expenditures on setting up the business. We, at FlexiLoans, do not leave a single stone unturned in helping the Myntra sellers expand their business by providing them online seller business loan. Our loans available in the form of a line of credit loans and loan against POS help the sellers in setting up their business on Myntra without taking much time. Also, the sellers will not have to wait for a very long time to avail the loan amount.

We generally deal in the provision of short-term business loans with the quick approval procedure. The entire process is paperless, and there is no collateral need to be presented on the part of the borrowers to avail the loans. Retailers or Myntra sellers will receive every detail about the loans on their mails and that too within just two working days. The sellers have the option of applying for a highly flexible business loan for an online store to avail cash as and when needed. Our business loans, like invoice financing, can even be customized as per the requirements of the retailers.


Important Features of Our Loans

The business loan amount that can be availed by a Myntra seller can be fixed after discussing with our experts. We will also tell you about the rate of interest and loan tenure which are quite easy. Our loan application procedure is also a straight and simple one with retailers getting the desired amount within the stipulated time frame.


Basic Eligibility Criteria

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

Documents Required for Myntra Seller 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.