NBFC Business Loan – Fast, Collateral-Free & Flexible

Get business funding from trusted NBFCs with minimal paperwork, fast approvals, and tailored repayment options.

What Are NBFC Business Loans?

NBFC (Non-Banking Financial Company) business loans are unsecured loans provided by RBI-registered lenders outside the traditional banking ecosystem. Designed for fast-growing MSMEs, these loans come with:

• Minimal documentation
• Faster approvals
• Flexible EMI plans

100% digital application process
They're ideal for meeting urgent needs like working capital, inventory purchase, or expansion, without the delays of traditional bank loans.

Why Choose an NBFC Business Loan?

NBFC (Non-Banking Financial Company) business loans are designed to solve real challenges faced by MSMEs: slow bank approvals, rigid collateral requirements, and complicated paperwork. Here’s why they’re gaining traction:

FlexiLoans Advantage:

• Fast Disbursal: Funds reach your account in just 2–3 working days.
• Collateral-Free: Get loans up to ₹50 lakhs based on turnover.
• Digital Process: From signup to sanction, everything is online.
• Human + Tech Support: Smart underwriting with real support.

Did you know? NBFCs now account for over 21% of MSME credit in India, a sign of their growing trust and relevance for small businesses.

Who Is Eligible for an NBFC Business Loan?

NBFCs cater to a wide spectrum of MSMEs, from kirana stores and small manufacturers to service startups. But do you meet the basic criteria?

Basic Eligibility:

Tip: Some NBFCs may consider newer businesses if digital cash flow (like UPI or online orders) is strong.

What Documents Are Required to Apply?

While paperwork is light, here’s what you’ll typically need:

Make sure your documents are self-attested, consistent, and up-to-date to avoid delays.

Interest Rates & Repayment Terms

Understanding the cost of borrowing is crucial for any MSME considering an NBFC business loan. Here’s what you need to know:

Interest Rates

• FlexiLoans offers interest rates from 1% per month (approximately 12% p.a.) for unsecured business loans.
• Typical interest rates range between 12%–24% p.a., based on risk-pricing, business turnover, and loan tenure.
• Rates are transparent, with no hidden markup; final rates are based on your credit profile, business history, and digital cash-flow evaluation.

Repayment Terms & Charges

What Affects Your Interest Rate?

Interest rates are customised based on:

• Business turnover and financial health
  
• Loan amount and repayment duration
  
• Credit score and repayment history
• Whether the loan is secured or unsecured

How to Avoid Loan Application Rejection

Even if you're eligible, small errors in documentation or application can delay or derail your NBFC business loan approval. Here’s how to increase your chances of success with FlexiLoans:

1. Submit Complete & Accurate Documents

Incomplete KYC or financial records are the leading cause of rejections.

Ensure you include:

• PAN and Aadhaar (self-attested)
• 6–12 months of business bank statements (PDF format)
• Udyam registration or GST (if available)

2. Maintain Clean Banking Habits

Lenders assess your transaction history to evaluate cash flow reliability.

Avoid:

• Frequent cheque bounces or low balances
• Unexplained large withdrawals or deposits

3. Double-Check Business Consistency

Mismatch in details (e.g., business name on bank vs GST) triggers red flags.

Check alignment across:

• GST certificate
• Udyam registration
• Bank account name
• Loan application form

4. Meet Minimum Turnover & Tenure

Ensure your business meets FlexiLoans’ base eligibility:

• Minimum 12 months in operation
• ₹2 lakhs+ monthly turnover

If you’re close, reach out for a pre-check before applying.

5. Respond Promptly to Lender Calls

Applications often get stuck when verification calls go unanswered.