FlexiLoans Business Loan

The fees and charges for the different business Loans from FlexiLoans are mentioned below:

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Purpose: FlexiLoans provides unsecured loans for businesses in the form of working capital, overdraft, and equipment financing. They decide how much loan you can get based on how long your business has been around, if you owe any money, and your credit score.

Interest Rate: 1% per month onwards

Loan Amount: Rs 50,000 to Rs 1 crore

Loan Tenure: Up to 2 years

Purpose: FlexiLoans offers unsecured business loans tailored for small business units. These loans assist in expanding inventory, addressing seasonal requirements, and securing funds for unexpected cash needs resulting from irregular cash flows.

Interest Rate: 1% per month onwards

Loan amount: Up to Rs 10 crore

Loan tenure: Up to 3 years

Purpose: FlexiLoans provides GST business loans, which are unsecured, to MSME units. These loans are granted based on their GST returns. They help businesses expand, manage regular or seasonal cash flow needs, and address short-term cash flow gaps.

Interest Rate: 1% per month onwards

Purpose: FlexiLoans offers unsecured business loans for micro, small, and medium enterprises (MSMEs) to cover their working capital needs and purchase machinery and equipment. They promise loan approval within 3 business days.

Interest Rate: 1% per month onwards

Loan amount: Rs 50,000 to Rs 1 crore

Loan tenure: Up to 3 years

Purpose: FlexiLoans offers unsecured business loans for small and medium enterprises (SMEs) to support their business expansion, cover regular and seasonal working capital needs, and manage short-term cash flow gaps.

Interest Rate: 1% per month onwards

Loan amount: Rs 50,000 to Rs 1 crore

Loan tenure: Up to 3 years

Purpose: FlexiLoans offers unsecured loans based on the sales made through point of sale (POS) machines. They give small business owners a cash advance based on their future debit and credit card sales. FlexiLoans promises to give you the money within 48 hours after approving your loan.

Loan amount: Up to Rs 1 crore

Loan Tenure: 3 months to 3 years

Purpose: FlexiLoans provides line of credit loans for businesses to manage their urgent financial needs. With this type of loan, customers only pay interest on the amount they borrow during a set period. FlexiLoans says they'll deposit the loan amount into the applicant's account within 48 hours of approval.

Loan Amount: Up to Rs 1 crore

Loan Tenure: 3 months to 3 years

Purpose: FlexiLoans Vendor Financing Loans help businesses buy goods and services from their suppliers by providing financing options.

Loan Amount: Up to Rs 2.5 crore

Loan Tenures: Up to 3 years (the tenure for loan against invoice is 30 to 120 days)

Purpose: FlexiLoans offers unsecured business loans specifically designed for women entrepreneurs. These loans help women expand their businesses, address regular and seasonal working capital needs, manage short-term cash flow gaps, and more.

Interest Rate: 1% per month onwards

Loan tenure: 1 to 5 years

Here are the requirements you need to meet to qualify for a business loan from FlexiLoans:

• Applicants must be between 21 to 65 years old when applying for the loan.
• The business must have been registered for at least 1 year.
• Minimum monthly sales of Rs 2 lakh are required.
• Individuals, sole proprietors, and private companies involved in trading, production, or services are eligible.
• Applicants should have a minimum of 5 years of work experience, with at least 3 years in the industry.
• The business should have been running for at least 1 year

• Loan applicants must be between 21 and 65 years old.
• The business must be at least 1 year old from the date of registration.
• Minimum monthly sales should be Rs 2 lakh.
• Individual corporations, sole proprietors, and private companies involved in trading, production, or services are eligible.
• Applicants need a minimum of 5 years of work experience, with at least 3 years in the relevant industry.
• The business must have been operational for at least 1 year.
• Businesses operating for more than 3 years are also eligible to apply for the loan.

• Minimum business vintage: 1 year
• Minimum monthly sales: Rs 2 lakh

• Applicants must be between 21 and 65 years old.
• Individuals, corporations, sole proprietors, and private companies engaged in trading, production, or services can apply.
• A minimum of 5 years of work experience is required, with at least 3 years in the relevant industry.
• Companies running for more than 3 years are eligible to apply for MSME loans.

• Applicants must be between 21 and 65 years old.
• The business must have been registered for at least 1 year.
• Individual corporations, sole proprietors, and private companies engaged in trading, production, or services are eligible.
• A minimum of 5 years of work experience is required, with at least 3 years in the relevant industry.
• Businesses operational for more than 3 years can apply for the loan.

• Age of loan applicant(s): 21 years (when applying for loan) to 65 years (at loan The loan applicant(s) must be aged between 21 years (when applying for the loan) and 65 years (at loan maturity).
• The business must have been registered for at least 1 year.
• Minimum monthly sales should be Rs 2 lakh.
• Individual corporations, sole proprietors, and private companies engaged in trading, production, or services are eligible.
• Applicants must have a minimum work experience of 5 years, with at least 3 years in the relevant industry.
• The business must have been operational for at least 1 year.
• Businesses operational for more than 3 years are eligible to apply for the loan.

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• Personal KYC: PAN card (mandatory requirement)
• Residential Address proof (Any one): Driving licence, Voter ID, Rent agreement, Ration Card, Aadhaar Card, passport, latest utility bills (less than 3 months old) / registered rent or lease agreement etc.
• Last 6 months current account bank statement
• Business documents (any one): GST registration certificate, shops and establishment certificate, etc.
• Financial documents (for loans above Rs 20 lakh): audited financials and ITR of last 2 years and GST returns of 6 months

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