Avail a business loan in Meerut from ZipLoan and increase your working capital. You can avail loan for business without security of INR 1-5 lakhs at minimal documentation. We offer business loans at basic eligibility criteria and disburse funds within a few working days.
No balance sheet needed
For a business with turnover of 10L+
Straight into your account
And you pay back in easy EMI’s
Get Business Loans without Collateral in Meerut
A small business owner often faces rejection while availing a business loan from banks since they offer collateral business loans. So, a collateral free business loan turns the best option for them. We offer business loan without collateral in Meerut to small business owners at the best interest rates in the market. Our loan products are designed to meet the small business owners’ requirements in the best possible way.
Meerut is an Industrial town of western Uttar Pradesh. The city is just 70 KMs away from the National Capital of the country. In addition, it is also the largest NCR and 26th most populous Indian city. With that, the city houses many micro and small businesses. Many MSMEs have also emerged in Meerut.
A businessman can avail business loan from banks and private financer in Meerut to meet the financial needs of his business. However, they offer collateral business loan which not all small business owners can avail. To help them in having access to the business loan in Meerut, we offer collateral-free business loans. Our different business loan products include machinery loan, MSME loan, SME loan, flexi loan, term loan, and working capital loan.
Our all loan products are unsecured in nature and we offer them at basic eligibility criteria. We have also developed our own credit evaluation system called ZipScore that we use to check the creditworthiness of the borrower in addition to CIBIL score. ZipScore ensures that all small businesses have access to an unsecured business loan in Meerut. Our business loan interest rates in Meerut are very competitive and we do not have any hidden charges.
A business loan in Meerut can be utilized in many ways:
Buy Machinery: A business loan in Meerut can be used to buy or upgrade machinery. The production of goods and services entirely depends on the machinery and equipment. In addition, new and upgraded machinery helps in producing goods at a lower cost per unit which would ultimately result in increased sales and profits.
Capital: The funds availed under small business loan in Meerut can be used to increase capital investment for growth and expansion. There are times when you might witness growth opportunity but cannot take its advantage due to lack of funds. A capital loan in Meerut will help in that.
Buy Inventory: With an MSME loan in Meerut, you can buy more and increase your inventory. With more inventory and increased sales, profits would ultimately increase. In addition, you can also add a different line of products to your inventory to attract new customers.
