ZipLoan Provides Easy Business Financing For Manufacturers
ZipLoan understands that excess inventory, increasing overhead expenses, and cost of raw materials can distress a manufacturing business. We have designed a unique financial product, working capital loan, business loan for manufacturers to ensure that the manufacturers never run out of working capital to manage everyday operations.
We offer business loans for manufacturing companies on easy terms and conditions. All the ZipLoan business products for manufacturers are tailored to best suit the needs of small business units. Our business loan for manufacturer ranges up to INR 1-7.5 lakh. With our business loan for manufacturing unit, you can easily finance your everyday operation or even buy or upgrade machinery or equipment to increase your output.
We do not call ourselves the best business loan providers in India just for the name. The following features of our business loan make us the best:
- No Foreclosure Charges: We understand that a manufacturer may have cash inflow at any time. And therefore, we do not charge any penalty on the partial or complete repayment of the business loan before its tenure.
- Credit Evaluation Process: We understand every manufacturing unit is different and therefore calculate the creditworthiness of every manufacturer in a holistic fashion. We do not follow CIBIL score norms and have our own holistic credit evaluation process called ZipScore.
- Interest Loan: We offer a business loan for manufacturers at best interest rates in the market. We charge only 3% of the business loan amount as processing fee and do not have any hidden charges.
- Policies: We have customer-friendly policies and we strive to build an enduring relationship with our customers.
- Flexible Tenure: You can repay the business loan for manufacturers in a time period ranging from 12-24 months as per your pocket.
How to Avail a Business Loan for Manufacturers in India?
- Apply Online: You can easily avail our business loan for manufacturers online on our website or through our App, ZipLoan. Duly fill our business loan application form and submit.
- Submit Required Documents: We require a minimal list of documents for a loan for a manufacturing business. You can submit the soft copies of the documents on our App or website.
- Business Loan Approval: Our representative will process your business loan application form within a few hours after you apply and submit documents. Our business loan eligibility criteria are very easy to meet.
- Disbursement: If your business loan is approved, we will disburse the loan amount within a few working days after you sign a contract with us. You can repay the business loan in easy monthly installments conveniently.