Business Loan Without Collateral in Chennai

Securing a business loan without collateral is an increasingly popular instrument for businesses in Chennai. These loans cater specifically to short-term financial needs, enabling businesses to grow and manage their immediate requirements efficiently. Challenges such as a lack of machinery, employee salaries, pending bills, and purchasing new stock are common.

We facilitate unsecured funding solutions, enabling businesses in Chennai to access collateral-free loans. Our approach recognizes the importance of timely financial support, allowing businesses to efficiently address immediate demands and continue their growth journey.

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Key Features of Business Loan Without Collateral

(*T&C Applied)

Eligibility Criteria

Business loan eligibility without collateral is similar across lenders, based on lending practices and industry standards.

In most instances, a CIBIL score exceeding 720 is requisite.
Age requirements vary across financial institutions, typically between 25 and 55 years.
The minimum turnover must be 40 lac INR or 50 lac INR depending on the lending institution

Documents for Business Loan Without Collateral

Documentation can be a significant step in obtaining a UBL facility. However, the length of the process is determined by the availability of documentation. Here’s the list:

Owner KYC Documents

Adhar Card (complete page)
Pan Card
Latest Electricity Bill
Current Rent Agreement
Passport Size Photo

Business KYC Documents

GST Certificate
MOA, AOA, Pan Card
Shop Act / Trade License
Certificate of incorporation
Shareholding Pattern
Partnership Deed
Current electricity bill and
Rent Agreement

Banking Documents

All account Bank statements (For the last 12 months)
All current loan sanction letters

Financial Documents

Last 2 years' complete Financials
GST Returns (for last 12 months)

How do we execute a business loan without collateral?

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Business Loan Without Collateral at Terkar Capital, Chennai

At Terkar Capital, we do the financial SWOT analysis of the company and capitalize strengths. We facilitate the debt instruments including business loans without collateral. Our services are carefully tailored to meet urgent financing needs and catalyze business expansion & growth.

At Terkar Capital, our experienced executives excel in streamlining the loan approval process. They skillfully guide clients through the required documentation, ensuring a smooth and efficient experience. When seeking funding solutions for your Chennai business, Terkar Capital is your go-to partner for exceptional support and guidance.

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We Facilitate the Following Funding Instruments

Client Feedback

What our clients think about us?

N Nihalani

We have had a smooth experience with all our capital arrangements facilitated via Terkar Capital so far. Its very comforting to work with people as professional and straightforward as Vishal and the rest of his team. Thanks for everything.

C Sonawane

Thank you Terkar Capital for processing my business loan in just a few working days. Very professional & skilled team. They understood my requirements to a level that were beyond my expectations from any lending company. I strongly recommend Terkar Capital.

24th Mile

We are very thankful to Terkar Capital for your efforts in arranging facility. Their approach is very simple, professional, and fast! The team is highly responsive that executed the process in short span of time without any hassles. Great work... Thank you!

M Dwivedi

I got an unsecured business loan within 7 working days .their specialized experts verfied all the documents and granted me the loan .getting a business loan from terkar capital is the easiest way to get a loan.