Get Unsecured Working Capital in India
There are times when a business requires an additional source of finance, may be due to late payment by clients or any other reason, to meet its day-to-day expenses. In such cases, an unsecured working capital loan helps the small business in meeting its increased financial demands and other necessary expenses on time. ZipLoan offers unsecured working capital loans to small businesses at very reasonable terms and competitive interest rates.
ZipLoan is the Lender of Choice
for Small Businesses.
ZipLoan - Best Unsecured Working Capital Loan Provider in India
An asset as collateral is often cited as one of the biggest obstacles to availing a business loan. It is often seen that many small businesses could not raise funds because they cannot meet the working capital loan eligibility, including a collateral and a large number of documents. ZipLoan offers unsecured working capital finance to small and medium enterprises.
ZipLoan unsecured small working capital loan amount ranges from INR 1-5 Lakhs which can be repaid in a flexible tenure of 12-24 months.
Why Avail an Unsecured Working Capital Loan from ZipLoan?
The following are the reasons why the ZipLoan unsecured working capital loan is the best:
Easy Eligibility Criteria: Our eligibility criteria are very easy to fulfill and we do not require a long list of documents. We do not entirely follow the CIBIL score norms and have our own credit evaluation process that we follow to calculate the creditworthiness of the borrower.
Attractive EMIs: The borrower can repay the business loan in easy monthly installments ranging from 12-24 months, according to their pocket. We charge reducing interest rate ranging from 23-29%.
No prepayment penalty: The unsecured working capital loan can be paid back partially or completely before completion of the tenure without incurring any penalty, after 3 EMIs (excluding pre-EMI).
Online Application Process: Our hassle-free online business loan application takes away the need for a personal visit on the part of the borrower.
Quick Loan Disbursement: Our unsecured working capital facility is the best as we disburse unsecured working capital loan within a few days after the borrower signs the contract with us.