ZipLoan - The Best Business Loan Provider in Bangalore
Bangalore is a hub of Information Technology (IT) Companies in India. In addition, it is also home to many profitable businesses in India. The presence of technology in Bangalore has earned it the name of Silicon Valley of India. Bangalore has many fastest growing software production, R&D, and electronics firms.
Bangalore has high economic stability and is an ideal place for small business owners with a valuable and innovative business idea. The city offers many investments and extensive business opportunities. With that, many new companies and small businesses are emerging in the city. And with that, there arises a need for a business loan in Bangalore.
There are many banks that offer business loans in Bangalore. However, bank loans mostly are offered only when the business owner offers collateral, i.e. they are collateral business loans. Although big companies and businesses can avail collateral loans, mostly small businesses cannot afford to hypothecate collateral. So, there arises a need for us – an RBI registered NBFC that offers business loans without collateral in Bangalore.
We offer business loan without collateral in Bangalore at basic eligibility criteria and minimal documents. Our range of business loan in Bangalore includes SME loan, MSME loan, machinery loan, flexi loan, term loan, working capital loan, and capital loan. All our loan products are collateral free and offered at low interest rates. Our business loan eligibility criteria include:
- ITR filed in the previous year by the business must be more than INR 2.5 lakhs.
- The business must be in operations for more than 2 years at least – business vintage of 2 years.
- The Business owner must own either house or business premise.
- The annual turnover of the business in the previous year must be more than INR 10 lakhs.
How to get a Small Business Loan without Collateral in Bangalore?
ZipLoan offers unsecured business loan in Bangalore to SMEs and MSMEs in India. We offer an online application form to make the entire business loan application process easy and hassle-free for the business owner. Follow the below mentioned steps to apply for an unsecured business loan in Bangalore:
· Apply Online: We offer a business loan of INR 1 to 5 lakhs. Visit our website or download our mobile application to apply for a business loan in Bangalore. Fill the application with all personal and professional details.
Upload Documents: Upload the oft copies of the documents, preferably PDFs to make it easy for us to process your application easily and fast.
Wait for Approval: Our representative will process your application and check if you meet our business loan eligibility criteria and all your documents are correct.
Get Funds: On approval, we will disburse the sanctioned loan amount within a few days in your bank account registered with us. Notably, our entire loan application process is online.