FlexiLoans Business Loan

FlexiLoans is an online lending platform in India that offers unsecured, collateral-free business loans to small and medium-sized enterprises (SMEs). They provide quick loan approvals, with amounts up to ₹1 crore, and aim to disburse funds within 48 hours. The application process is designed to be hassle-free and paperless, ensuring a smooth experience for borrowers.

FlexiLoans Interest Rate, Fees & Charges

FlexiLoans Business Loan Eligibility

1. Age Limit: Applicants must be between 21 and 65 years old.

2. Who Can Apply: Individuals, small and medium enterprises (SMEs), micro, small, and medium enterprises (MSMEs), sole proprietors, partnership firms, private and public limited companies, and LLPs involved in trading, manufacturing, or service sectors.

3. Business History: The business should be at least 2 years old and profitable.

4. Experience: The applicant must have at least two years of experience in the same business at the same location.

5. Annual Revenue: The business should have a minimum annual turnover of ₹10 lakh.

6. Credit Score: A CIBIL score of 650 or higher is required.

7. Nationality: The applicant must be an Indian citizen with no past loan defaults.

8. Property Ownership: The applicant should own a home, office, or shop, or have a commercial presence in a prime location.

Documents Required For FlexiLoans Business Loan

Types of FlexiLoans Business Loan

FlexiLoans offers a range of business loans to support entrepreneurs and small businesses. Here’s a simple breakdown of the types of loans available:

1. Term Loan
   • Purpose:To meet long-term business needs or fund expansion plans.
   • Use: Ideal for purchasing equipment, expanding operations, or investing in infrastructure.
2. Loan against POS (Point of Sale)
   • Purpose: To provide funds based on your business’s sales performance.
   • Use: Helps businesses access quick funds by leveraging their daily sales transactions.
3. Vendor Financing
   • Purpose: To support businesses in managing their supply chain and vendor payments.
   • Use:Enables businesses to pay vendors on time and maintain smooth operations without cash flow issues.
4. Business Loan
   • Purpose:To meet general business needs or cover short-term expenses.
   • Use:Flexible funding for inventory, marketing, or other day-to-day business requirements.
5. MSME Loan
   • Purpose:Specially designed for Micro, Small, and Medium Enterprises (MSMEs).
   • Use:Provides funds to expand, buy new equipment, or increase production capacity.

FlexiLoans’ loans are designed to be quick, hassle-free, and tailored to meet the unique needs of businesses, ensuring you get the financial support you need to grow and succeed.

Why Apply For a FlexiLoans Business Loan At BigMudra.com

Applying for a FlexiLoans business loan through BigMudra.com is simple, quick, and hassle-free. Here’s why you should choose BigMudra.com for your business loan needs:

1. Quick and Easy Process: The application process is straightforward and can be completed online in just a few steps. No complicated paperwork!

2. Fast Approval and Disbursal: Get your loan approved quickly, often within hours or days, and receive funds directly in your account without delays

3. No Collateral Required: Most FlexiLoans are unsecured, meaning you don’t need to pledge any assets or property as security.

4. Flexible Loan Amounts: Borrow the exact amount you need, whether it’s for small expenses or larger business investments, with options tailored to your requirements.

5. Low Interest Rates: Enjoy competitive interest rates that make repaying the loan affordable and manageable for your business.

6. Support for All Types of Businesses: Whether you’re a small shop owner, a startup founder, or running an established business, FlexiLoans has solutions for everyone.

7. Improves Cash Flow: Use the loan to manage daily business expenses, buy inventory, or handle unexpected costs without affecting your savings.

8. Helps Expand Your Business: Fund new projects, upgrade equipment, or scale your operations to take your business to the next level.

9. Trusted Platform: BigMudra.com is a reliable and secure platform that connects you with FlexiLoans, ensuring transparency and customer support throughout the process.

10. Minimal Documentation: The application requires only basic documents, making the process quick and straightforward.

11. Customized Repayment Options: Choose repayment plans that suit your business cash flow, with flexible tenures to reduce financial stress.

12. Available for MSMEs: Micro, Small, and Medium Enterprises (MSMEs) can easily access loans to grow their businesses and meet operational needs.

13. 24/7 Customer Support: Get help anytime during the application process or after receiving the loan through dedicated customer service.

Applying for a FlexiLoans business loan at BigMudra.com ensures you get the financial support your business needs quickly and conveniently!

How to Apply for FlexiLoans Business Loan

FlexiLoans offers quick and easy business loans to help entrepreneurs and small businesses grow. Existing customers who are pre-approved can get instant loans based on their business performance and credit profile. If you are an existing customer, you can visit BigMudra.com to check your eligibility for FlexiLoans pre-approved business loans and apply effortlessly.

FlexiLoans Customer Care Number

1. Helpline Number: you can contact at 02268219595 or you can directly email them at connect@flexiloans.com

FAQs

1. What is the loan amount range offered by FlexiLoans?
   FlexiLoans offers business loans ranging from ₹50,000 to ₹25 lakhs, depending on your business needs and eligibility.

2. What is the interest rate for FlexiLoans business loans?
   The interest rate starts from 1% per month, with fair and transparent pricing tailored to your business profile.

3. Is collateral required for a FlexiLoans business loan?
   No, FlexiLoans provides unsecured, collateral-free business loans, making it easier for SMEs to access funds.

4. How long does it take to get a loan approved and disbursed?
   Loans are approved quickly, often within hours, and funds are disbursed within 48 hours of approval.

5. What documents are required to apply for a FlexiLoans business loan?
   You need personal KYC (PAN, address proof), bank statements, business KYC (GST, trade license), and financial documents (ITR, GST returns) for loans above ₹20 lakhs.

6. Can MSMEs apply for FlexiLoans business loans?
   Yes, FlexiLoans offers specialized loans for Micro, Small, and Medium Enterprises (MSMEs) to support their growth and operational needs.