Instant Business Loan upto 5 Lakhs
At Ziploan, we are committed to helping small businesses achieve growth by providing upto 5 lacs loan. Our business loans can be repaid over a flexible duration between 12-24 months.
Some of the benefits of taking a small business loan upto 5 Lakh from Ziploan are:
- Eligibility Criteria: We require last 2 years ITR and minimum 10 lacs of annual banking credit. Our broad eligibility requirements ensure ease of compliance.
- Collateral Free: Small Business loans are provided without any requirement of collateral.
- Quick Processing: For a small business, time is money and therefore we disburse the funds the funds within 3 days of submission of all documents. Our online documentation process does not require personal visit by the customer.
- No Prepayment Penalty: No penalty is charged for partial or complete repayment of loan before completion of tenure.
- Holistic Credit Rating: We do not only follow the CIBIL score norms but also have our own credit evaluation process, ZipScore. ZipScore checks the business loan eligibility in a holistic fashion and makes the eligibility criteria for small business loans broad ensuring every small business has access to a business loan without security.