A Collateral Free Business Loan is a type of financing provided to businesses without the need to pledge any assets or security. It is ideal for startups and small businesses looking to manage cash flow, expand operations, or meet working capital needs. These loans are usually approved based on the creditworthiness and financial health of the borrower.
- Purpose: For business expansion, working capital needs, or urgent fund requirements (not for personal, speculative, or illegal use).
- Collateral: Not required—no security, guarantor, or collateral needed.
- Loan Amount: ₹5 Lakhs to ₹75 Lakhs.
- Interest Rate: Starting at 15% p.a. with minimal processing and foreclosure charges.
- Tenure: Flexible from 1 to 4 years, with simple EMI-based repayment.
- Eligibility: Based on financials, credit history, bank statements, and existing obligations.
- Balance Transfer Option: Save up to 2% interest by shifting high-cost loans.
- Disbursal Time: Within 7–8 working days, subject to complete documentation and approval from leading Banks/NBFCs.
We help you access collateral free business loans with easy documentation and quick approval.
