As your business expands, it requires more funds to grow, and a business loan can help you with right amount of funding. As evaluating to other options, business loans are one of the easiest, quickest and most reasonable ways to arrange funds for your business.
This can for real make sense when you pick Ziploan business loans. Their offering consists of various collateral-free loans that you can use to raise funds for your business. Here’s a quick glimpse of the loans that you can choose from.
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SME/ MSME Business Loan
SME/MSME business loan is intended to meet the financial needs of small and medium enterprises, and it is also proved to be a convenient option as well.
Ziploan offers MSME loans without collateral ranging from Rs. 1 to Rs. 7.5 lakhs, and in addition to that We have a flexible ticket size, so you can pick the amount that you require, so you can withdraw as per your business requirements.
Further, Our repayment tenure starts from 12 months to 36 months. Therefore, you get enough time to repay the loan amount.
Moreover, we offer, SME loans at no pre-payment charges after you have paid the first 6 EMIs (excluding pre-EMI).
Business Loan for Women
At ZipLoan, we encourage the women entrepreneurs to chase their dreams and grow their small business. To make it happen we offer business loans for women at the best business loan interest rates in the market.
Our business loan eligibility and criteria are easy to fulfil. Furthermore, our online application process makes the application easy for them. You can qualify for this customised loan by meeting minimal eligibility criteria, and you only have to submit a few basic documents.
Machinery Loan
Ziploan offers machinery loans without security ranging from Rs. 1 lakh to 5 lakh at attractive interest rates and flexible loan tenures. Our eligibility criteria are very easy to meet, and we require minimal documentation to process the application.
To avail a loan for machinery, visit our website and check your business loan eligibility. If you meet our eligibility, fill the loan application form with your information and the loan amount that you require. Next, upload the documents on our website.
We will process your application, and if you meet the eligibility criteria, we will approve your application. After signing the contract with us, the funds will be credited in your bank account. Once you get funds, you can use the funds to buy equipment or machinery as per your requirements.
Working Capital Loan
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.
Besides, Avail benefits like easy documentation, the quick disbursal and customised business loans when you opt for Ziploan- to grow and take your business to the next level.
Frequently Asked Questions
There are two types of start-up business loan- term loan and working capital loan. Term loans can be taken for up to 10 years and working capital loans are short term and have to be repaid in one year.
A well-crafted business plan and detailed strategy can increase your chances of getting a business loan.
Yes, many financial institutions, like Ziploan have made an online application available for companies to easily apply for MSME loan. You can also avail a business loan via Ziploan loan app.
Most banks and lenders offer up to Rs.75 Lakh to small businesses. Their repayment tenures are up to 60 months.
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