Paytm Seller Business Loan

In these present times, one of the greatest challenges for the medium-sized and the small-sized businesses is maintaining the proper flow of finances. Every business these days requires fresh working capital to ensure that the operations move on smoothly. FlexiLoans is here with its Paytm seller business loan to help Paytm sellers live their dreams of making it big in this field. So, we, at FlexiLoans, make it possible for the borrowers to take that big leap which is required for growing their business. We support the Paytm sellers by providing them easy and useful Paytm business loan available in the form of merchant cash advance and line of credit loans.

Paytm Business Loan- A Quick and Easy Way of Arranging for Cash

If you are wondering whether you must make progress with the procedure of Paytm business loan, apply online, then you must surely consider the services of FlexiLoans. With us, you will be able to reap some of the best advantages of going for vendor financing or term loan available in the category of Paytm seller business loans. The very first thing that is noteworthy about our loans is that the entire procedure is entirely digital, and there is no involvement of documents. Also, the borrowers do not need to stand in long queues only to receive the amount.

Regular installments can quickly be paid, and there are absolutely no hidden charges associated with the loans. Also, the borrowers do not need to indulge in meeting beforehand charges. There is no locking period with the amount received as loan available to be repaid right at the end of the loan. Going for FlexiLoans’ Paytm seller business loans means you will be getting the required loan amount at an affordable rate of interest.

Reasons to Go for Paytm Seller Business Loans

Some good reasons make Paytm seller business loans a great alternative. First of all, the sellers can receive scalable and flexible working capital that they can use for business expansion or for increasing their product categories. They also avail a decent amount of discounts from the suppliers by making the payments upfront. They get the scope of buying tools and equipment further required for improvising their business offerings. These include IT equipment and certain machines and systems.

How To Apply for Paytm Business Loan

• Step 1: Install the Paytm application on your smartphone.
• Step 2: Open the Paytm App and navigate to the business loan option.
• Step 3: A new page will open, prompting you to enter the loan amount.
• Step 4: Using the slider, adjust the loan amount and repayment duration.
• Step 5: Once the loan amount has been determined, click on “Start Loan Application.”
• Step 6: Complete the Know Your Customer (KYC) procedure by visiting a KYC centre near you.
• Step 7: Once the process of video KYC is complete, a Paytm representative will initiate the loan process.
• Step 8: After verifying and approving the supplied papers, the loan amount will be sent to your Paytm savings/current account.

Paytm Business Loan Interest Rate

Paytm Loan Eligibility

Paytm now provides its customers with an instant loan of up to INR 2 lakh in only two minutes. The non-bank financial company has automated the whole loan process. For a Paytm loan, apply simply, with no physical paperwork or customer authentication. The fund is immediately disbursed upon approval.

If you are considering applying for a business loan in India, you must meet specific conditions. The following are eligible for a Paytm loan apply online.

• Individuals, proprietors, private limited corporations, and partnership firms engaged in trading, manufacturing, or service-related activities
• Individuals who have been engaged with the current firm for at least three years (plus a total of five years of business experience)
• Individuals must be at least 22 years old at the time of application and no older than 65 years old at the time of maturity
• Profitable businesses over the last two years

How To Take Loan From Paytm

• You should maintain a monthly minimum transaction amount with Paytm. It will make obtaining company financing easier.
• Consistency must be maintained. Further, if everyday collections occur, businesses’ credit scores improve, and loans can be obtained sooner than they would when borrowing from other lenders.
• Additionally, the customer base must be stable in terms of new and returning customers. These are all indicators that business is thriving and will continue to do so in the foreseeable future.
• A merchant's relationship with Paytm must be smooth and without any defaults.

Documents Required for Paytm Seller Business Loan

Frequently asked questions