ZipLoan understands the importance of unsecured Working Capital for small businesses and consequently provide various types working capital loans without security within a few days of submission of necessary documents.
No balance sheet needed
For a business with turnover of 10L+
Straight into your account
After first 6 months
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 collateral and a large number of documents. ZipLoan offers unsecured working capital finance to SMEs and MSMEs.
ZipLoan unsecured small working capital loan amount ranges from INR 1-7.5 Lakhs which can be repaid in a flexible tenure of 12-36 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. The borrower can check their monthly EMI through our EMI calculator.
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 6 months of paying EMI.
Online Application Process: Our hassle-free online business loan application form 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 the unsecured working capital loan within a few days after the borrower signs the contract with us.
