ZipLoan – Best Textile Industry Loan Provider in India
One of the leading industries in the world, the textile Industry has undergone a lot of change in India post the economic liberalization of the Indian Economy in 1991. The opening of the Indian economy gave thrust to the Indian textile industry. Playing a major role in the Indian economy, the Indian textile industry depends on textile manufacturing and export majorly.
The income earned by India through the exports of textile is about 27% of the total income. Furthermore, the Indian textile industry contributes approximately 14% to the industrial production and 3% to GDP. Additionally, the textile industry is also the largest in terms of employment generation. Said this, many small and medium textiles enterprises have emerged in the past couple of decades. And with their arrival, there is a steady rise in the textile industry loans as well.
ZipLoan offers the best textile industry lo an to small and medium scale industry owners to help in their expansion. All our business loan products for the textile industry are designed keeping their interests in minds. Our business loan eligibility criteria are easy to meet:
- Minimum Turnover of INR 10 Lacs in the last 12 months.
- Last year ITR of more than INR 1.5 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.
Why avail Textile Industry Loan?
Availing a business loan for the textile industry has never been easier with the help of low-interest rates and easy payment options. An online application form can help you avail textile manufacturing loan online through which you can finance machinery, increase inventory, or increase capital for that matter. In all, the quick and effective textile industry loan can certainly be a brilliant step towards the expansion.
How Can I get a Textile Industry Loan?
If you are an MSME textile industry owner, you can avail an MSME loan for textile industry online from ZipLoan. To avail a small business loan for the textile industry, just follow the following 3 easy steps:
1. Fill our online application form available on our website. Or you can also download our mobile app to apply for a business loan for the textile industry.
2. Upload all the required documents in the PDF format for fast processing. You can upload them at any time and from anywhere from our website or mobile App.
3. Wait for approval. We process textile industry loan application forms quickly and we will keep you updated through SMS and email notifications.
So, what are you waiting for? Apply for the textile industry loan with ZipLoan now and take your small business to new heights!