Where Can I Get Small Business Loans
A small business must have access to enough funds to get off the ground and keep generating a good amount of profits. For this, a small business financing is important. However, best small business loans in India can only be the ones which are available to the borrower at the time of need. So, only a fast and quick small business financing can be helpful and is the ideal one – business owner must have access to the funds at the time of need. Now there are a number of small business loan providers in India which offer different types of business loan products. You can simply apply for small business loans with banks.
However, banks require a long list of documents for small business loan and take a long time to approve small business loans. So, the best and affordable small business loan lenders can be NBFCs which require minimal documentation and have faster disbursal process. ZipLoan is an RBI registered NBFC that offers online small business loans at the minimal documentation and best small business loan interest rates.
We only require PAN card, last 12-months bank statement, last 2-3 year ITR, business place address proof, and residence address proof. We offer affordable small business loan application form and you can apply for small business loans online. Our eligibility criteria to apply for small business loans is:
- Minimum Turnover of INR 10 Lacs in the last 12 months.
- Last year ITR of more than INR 2.5 Lacs.
- Either house or business premises should be owned.
- Business place should be separate from the residence.
- Business vintage (operations) for at least 2 years.
How to apply for Small Business Loans?
With the advent of technology, it is now easy to apply for small business loans online. You can apply for affordable small business loans online on our website or download our mobile App easily from Google Play Store. Just follow the following steps know the process to apply for small business loans:
- Online Application: Fill the online business loan application form with correct information and submit.
- Documents: Upload the PDFs of required documents for quick processing.
- Approval: Our representative will process your documents and keep you updated through SMS and emails.
So, what are you waiting for? Apply for affordable small business loans with ZipLoan, get funds within a few working days, and provide your business the much-required boost!