Ziploan with the help of an unsecured business loan offers a lot of flexibility and convenience to its customers
For the smooth functioning of any business, funding is very essential. Any business, small, medium, or large, needs funding at some point or other. Business loan from Ziploan comes as a boon, as they offer unsecuredbusiness loan up to 7.5 lacs, at attractive business loans interest rate, and the best part is since it is unsecured, hence business owner doesn’t really have to worry about providing anything as collateral.
Whether you are planning to launch a new firm or are planning for expansion, buy new equipment, etc. funds are very necessary. While, there are times when a business owner does not really have enough funds to meet these basic requirements, and that is where a collateral free loan from ZipLoan comes into picture. A small business loan from ZipLoan helps business owner access the quick and hassle-free funds.
Here is how business loan from Ziploan can boost the business.
When someone avail a business loan from ZipLoan, they get to avail a host of features:
- Easy Funding: ZipLoan offers instant business loan ranging from Rs. 1 lac to Rs. 7.5 lac at the most attractive business loan interest rate with a flexible tenure of 12 to 36 months.
- Flexible Repayment: With the flexible repayment tenure, the business owner can repay the loan amount easily as per his business revenue.
- Unsecured Business Loans: Business loan at Ziploan are collateral-free loans, and there is no need to provide any collateral or any asset to avail the funds.
- Online Loan Application: The business owners have the flexibility and convenience to apply for an online business loan. They can apply for an MSME loan for business online on the website or even from the mobile loan App.
Cumulatively these factors make Ziploan the best as compared to the MSME loan options available in the market. Moreover, at Ziploan, all are committed to make the entire business loan process easy, smooth and a seamless one for its customers.
Nevertheless, availing a business loan from Ziploan comes with additional benefits that include
- No collateral requirement: Since Ziploan offers unsecured business loans, there is no requirement of submitting any collateral.
- Online application: Ziploan provides flexibility to apply for a business loan online from its website or through its mobile loan app.
- Minimal documentation: Ziploan only asks for minimal documentation to process the loan application, which can also be uploaded easily from the website or an app.
- Easy eligibility: Ziploan business loan eligibility is quite easy to fulfil. All what is required is a business to have a turnover of Rs. 10 lacs and vintage of at least 2 years.
Ziploan Business Loan Eligibility Criteria
Ziploan offer loans to eligible MSMEs. The business owner must fulfil all the following conditions to become eligible for the business loan:
- Business turnover – more than Rs. 10 lacs
- Business owner should own either a business or house
- Business vintage – at least 2 years old
- ITR of last year- should be more than Rs. 1.5 lacs
Documents Required for Business Loan
Business loan documents are a proof for the information provided against the business loan. Ziploan asks for very minimal documentation for the loan application process and so it becomes quite easy to get a business loan from Ziploan NBFC. The business owner can simply upload all the PDFs of the documents asked on the website or mobile App. The following are the documents that Ziploan require:
- PAN Card
- Bank statement of previous 9 months
- ITR of last 2 years
- Residence and business address proof
Over and above this, to boost the business with Ziploan business loan, Ziploan provides various types of loans in order to meet varied business needs. They provide working capital loan to meet day to day business operations, machinery loans to buy new equipment, MSME loan, and moreover to encourage female entrepreneurs they also offer business loan for women, as well.
Lastly, to conclude, Ziploan with the help of unsecured business loan, offers a lot of flexibility and convenience to its customers and are always available to assist its customers to provide them a seamless experience.