ZipLoan - Best Unsecured Working Capital Loan Provider in India
A business loan can be very beneficial for the growth and development of a small business. However, most borrowers lookout for the best business loan rates when applying for a small business loan. ZipLoan offers business loan ranging from INR 1-5 Lakhs at the best business loan rates in the market. We offer a wide range of business loan products, ranging from machinery loan and working capital loan to flexi loan and term loan. We offer collateral-free business loan which is specially designed to meet the needs of the small businesses in the aptest way.
The small business owner can repay the business loan over a 12-24 month period according to their pocket. We do not entirely follow the CIBIL score norms to evaluate the eligibility of the small business owner but have our own holistic credit evaluation process called ZipScore. Our process calculates the creditworthiness of the borrower in a holistic fashion and we take into account the financial data, bank account behavior, business transaction, and web & social data for calculation. Our business loan rates are the best in the market and we do not have any hidden charges.
Factors That Effects Our Business Loan Rates
1.Credit Score: Our holistic credit evaluation process takes into account the factors that make a small business unique. The business loan interest rate depends upon the credit score and can range from 23%- 29% (reducing) making these some of the best business loan rates.
2. Loan amount and Loan Tenure: In order to get a general idea of what our business loan interest rates are, check our EMI calculator.