Business Loan Purpose
A business loan purpose is to offer liquidity to the finances of the business. Avail a business loan from ZipLoan at minimal documentation and easy to meet eligibility criteria. Get funds in your bank account within a few days
ZipLoan is the Lender of Choice for Small Businesses.
Minimal Documentation
No balance sheet needed
No Prepayment Charges
After first 6 EMIs
Receive Funds Within 3 Days*
Straight into your account
Avail an NBFC Business Loan
One of the biggest obstacles that the small business owners face while availing a business loan is the unavailability of collateral. Most banks offer a collateral business loan, i.e., they require collateral in terms of an asset to hypothecate. An NBFC business loan is collateral-free, i.e., the borrower is not required to provide an asset as collateral. ZipLoan offers unsecured business loans at easy terms and conditions and the best business loan interest rates.ZipLoan – The Best Business Loan Providing Company
Primarily, a business loan purpose is the availability of liquidity to finance everyday needs of business and for expansion. Many small businesses witness hindrance in their growth majorly due to lack of credit. The business loan purpose for traders is to maintain healthy cash flow and so as to make payments to the suppliers on time. Manufacturers require a business loan to expand their business by buying new or upgrading machinery or equipment.
ZipLoan offers different business loans, ranging from working capital loan and capital loan to the term loan and machinery loan to small and medium enterprises. Our MSME loans aim to enable MSMEs to meet their capital requirements and grow. We understand the business loan purpose for small businesses and therefore, have tailored our business loan products as per their needs.
Top Features of ZipLoan Unsecured Business Loan
1. Easy Application: The borrower can easily apply for a business loan online and submit the soft copies of all the required documents on our website or App, ZipLoan.
2. Quick Processing: This is one of the major USPs. Our holistic credit evaluation process, ZipScore, evaluates the business loan application form in a short span of time.
3. Fast Loan Disbursal: We understand the availability of funds at the time of need and therefore, disburse the business loan within a few days after you sign a contract with us. Our fast business loan disbursal process ensures that the business loan purpose for any small or medium enterprise is solved.
4. Range: Our business loan products range from INR 1-7.5 Lakh which can be repaid easily over a period of 12-24 months. The business loans are offered at attractive rates of interest and can be repaid in easy monthly installments. You can use our EMI calculator and choose the best EMI option for the repayment of business loan.
5.No Foreclosure Charges: We do not charge any prepayment penalty after successful payment of 3 EMIs (excluding pre-EMI). You can partially or completely repay the business loan before the completion of its tenure without incurring any penalty.
Solving Real problems
Ready for Ziploan to
empower your business ?
Top Searches by Our Users