Business Loan for Spice Traders

Want to accelerate your spice business with a quick business loan? At Ziploan, we offer hassle-free loans up to 7.5 lakh for spice businesses. The spice business loan is available in just 3 days*, once you submit a few documents.

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Last year’s Sales?
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instant business loan

ZipLoan is the Lender of Choice for Small Businesses.

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Minimal Documentation

No balance sheet needed

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No Prepayment Charges

After first 6 EMIs

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Receive Funds Within 3 Days*

Straight into your account

What is Spice Traders Loan?

Financial institutions offer spice traders business loans as a way for them to manage their working capital. You can use spice traders' loans to participate in trade shows, advertising channels, hosting cooking classes, and web marketing to promote your business.

Top Features of Spices Traders Business Loan:

  1. Finance up to Rs 7.5 lakh – We offer spices traders business loans ranging from Rs. 1 to 7.5 lakhs. We have a flexible ticket size, so you can pick the amount that you need.
  2. Loan in 3 Days* - To process loan applications faster we process documents submitted online. You can get the loan amount within 3 days* after submitting the required. documents.
  3. Apply Online - We have made the entire application process for our business loan scheme online so that you can apply fast and conveniently. As soon as you submit and verify documents, we will approve them on the same day and disburse the funds within three days.
  4. Best Interest Rates - We offer competitive interest rates on spice trader loans. Since the loan processing is automated, we are able to offer fair interest rates. Your business' repay ability determines the interest rate.
  5. Flexible Repayment Tenure - We offer repayment tenures ranging from 12 to 36 months. As a result, the loan amount can be repaid with ample time.
  6. No Prepayment Charges - No prepayment charge after the first 6 EMIs (excluding pre-EMI).

Benefits of Spices Traders Loan Scheme from ZipLoan

The following are the benefits of availing of a spices wholesaler loan from us:

Eligibility Criteria of Spice Traders Loan

Out spice trader MSME loan eligibility criteria are simple to let more and more business individuals avail the loan amount.

Documents Required for Spices Traders Loan

 ProprietorshipPartnershipPvt. Ltd. / LLP / One Person Company
Bank statement (12 months)
Business registration proof
PAN Card
Aadhar Card
ITR of the previous two years

Spices Traders Loan Fees & Interest Rate

Customized Interest RatesYes
Loan Tenureup to 36 months
Pre-closure chargesNil** after paid the first 6 EMIs
Eligibility CriteriaAnnual turnover more than Rs.10 lakh
Loan Amount₹ 1 Lakh – ₹ 7.5 Lakh
 

How to Apply for Spices Traders Loan

Here are three steps process to spice traders loan apply online from ZipLoan:

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Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

Ready for Ziploan to
empower your business ?