Business Loan in Vijayawada
The culturally rich and scenic city of Vijayawada is an important economic centre supporting many businesses like construction, entertainment, education and many others. Due to its flourishing businesses, and highly promising future growth forecasts, it really is a ‘Global City of the Future’.
As fulfilling and exciting as it may be, running a successful business comes with hurdles and responsibilities. As a business owner, you must look after your employees, your growth, your prospects, equipment, and most importantly, money. No business can sustain losing funds over a prolonged period of time, and time is always relatively short in business. Whether it is the working capital or the machinery capital, all monetary facets are just as important for a business to run well.
It’s also very normal for businesses to find themselves in need of additional funds from time to time, no matter how big or small they are. A lot of times, sourcing funds that are accessible, secure and free of collateral, can be a challenge. To make things easier for business owners, Clix Capital offers collateral-free Business Loans in Vijaya
wada with easy eligibility criteria and minimal documentation at competitive interest rates over flexible tenures. Finance is always people-centric at Clix Capital, and we do our best to make our offerings work best for you and your business.
Features and Benefits of a Business Loan
Higher loan disbursal amounts
We offer loan amounts up to Rs. 50 lakhs for your business’s requirements.
Faster, Smoother, Better disbursals
Speaking to your crush was great only if it went smoothly, and just like that, loan disbursals are amazing only when they are fast and smooth.
Collateral-free loans
Unsecured relationships don’t work, but Business Loans where you don’t have to risk your assets surely do. We offer collateral-free Business Loans that let you go about your business without stress.
Competitive interest rates
Competition is fun, and our competitive interest rates are even better.
Extended loan tenure
Just like you are happy with an extension on a contract, we too are happy if you want to extend your loan tenure as and when you like.
Quick approvals
Everybody wants some approval in life but they don’t come around too quickly. Even if your boss only approves your holidays slowly, we disburse your loan as quickly as possible.
No hidden costs
Cherry on the cake? We do not have any costs to hide from you.
Is my Business eligible for a Loan?
| Is there an age requirement for getting a loan? | Between 21-65 years. |
| If I want to get a loan for my business, how old should it be? | Ideally, it should be at least 3 years old! |
| Is it necessary to have a credit score? | Yes. A CMR score of 6 and a CIBIL of 700 are sufficient! |
| What should my business turnover be? | It should be a minimum of Rs. 1 Crore |
Interest Rates on Business Loan in Vijayawada
At Clix Capital, finance is focused first on YOU, and because we don’t want to put too much strain on your finances, we’ve kept our interest rates moderate and reasonable. Nonetheless, some factors will affect the interest rates on Business Loans in Vijayawada.
- Creditworthiness of the Business
Your business needs to generate a minimum revenue for being eligible for a loan. If you have a business with an annual turnover of Rs.1 crore, you can apply for a Business Loan easily. - Time in Business
Your business needs to be at least 3 years old to get a Business Loan. - Type of Business
We offer Business Loans to a proprietorship/private limited company/closely held non-listed company/partnership firm involved in manufacturing, trading or services.
What documents do I need to apply for a Business Loan in Vijayawada?
Bank statement
Bank statement
- A bank statement covering the last 6 months will do the job!
Business registration proof
- This will tell us about your business’s requirements for you to avail the Loan.
Proprietor(s) PAN Card Copy
- A copy of the proprietor or owner’s PAN Card is needed for verification purposes.
Proprietor(s) Aadhar Card Copy
- A copy of an Aadhar Card will do.
Partnership Deed Copy
- If applicable, the partnership deed copy should be attached for verification as well.
Company PAN Card Copy
- A copy of your Company’s PAN Card will also be required.
How Do I Apply For A Business Loan in Vijayawada
the application form.
It takes only 3
minutes!
relax! You are on
your way to secure a
business loan.
Frequently Asked Questions
What is the maximum amount of business loan that I can take?
You can avail a Business Loan of up to Rs. 50 lakhs with Clix Capital.
What is the maximum tenure of a small business loan?
Our tenure is of 48 months. You can choose any tenure in between.
When should I take a business loan?
You should turn to business loans when you feel your business is falling short of working capital or need more funds to expand and grow.
How to take a loan for business in Vijayawada?
With Clix Capital, you can apply online, check your eligibility, upload necessary documents, and our representatives will take it from there.
Click here and get ready for success
Apply now for simple, fast, and accessible loans for business from Clix.
