ZipLoan – The Best Business Loan Providing Company
Primarily, a business loan purpose is the availability of liquidity to finance everyday needs of business and for expansion. Many small businesses witness hindrance in their growth majorly due to lack of credit. The business loan purpose for traders is to maintain healthy cash flow and so as to make payments to the suppliers on time. Manufacturers require a business loan to expand their business by buying new or upgrading machinery or equipment.
ZipLoan offers different business loans, ranging from working capital loan and capital loan to the term loan and machinery loan to small and medium enterprises. Our MSME loans aim to enable MSMEs to meet their capital requirements and grow. We understand the business loan purpose for small businesses and therefore, have tailored our business loan products as per their needs.
Top Features of ZipLoan Unsecured Business Loan
1. Easy Application: The borrower can easily apply for a business loan online and submit the soft copies of all the required documents on our website or App, ZipLoan.
2. Quick Processing: This is one of the major USPs. Our holistic credit evaluation process, ZipScore, evaluates the business loan application form in a short span of time.
3. Fast Loan Disbursal: We understand the availability of funds at the time of need and therefore, disburse the business loan within a few days after you sign a contract with us. Our fast business loan disbursal process ensures that the business loan purpose for any small or medium enterprise is solved.
4. Range: Our business loan products range from INR 1-7.5 Lakh which can be repaid easily over a period of 12-24 months. The business loans are offered at attractive rates of interest and can be repaid in easy monthly installments. You can use our EMI calculator and choose the best EMI option for the repayment of business loan.
5.No Foreclosure Charges: We do not charge any prepayment penalty after successful payment of 3 EMIs (excluding pre-EMI). You can partially or completely repay the business loan before the completion of its tenure without incurring any penalty.