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Get Unsecured Business Loan at Ease!

Elevate your business without financial burdens. Our unsecured loans provide the funds you need.

  • No Collateral Required
  • Quick Approval
  • Flexible Terms

Up to 15 Cr

From 14 Pa*

Tenure upto 60 Months

Unsecured Business Loan in Mumbai

Mumbai, the financial capital of India, presents many opportunities for growth, expansion, and resilience during challenging times. Understanding the unique financial needs of businesses, unsecured business loans have become a preferred choice. At Terkar Capital, we deeply comprehend the dynamics of Mumbai’s business landscape. 

Unsecured business loans provide a financial lifeline for businesses in Mumbai, offering a swift and accessible funding solution without requiring collateral. These loans empower businesses to address immediate financial needs, whether for expansion, unforeseen expenses, or working capital. With competitive interest rates and flexible repayment terms, these loans cater for the dynamic nature of Mumbai’s business environment, fostering growth and resilience in the ever-evolving market.

Key Features of Unsecured Business Loans in Mumbai

Unsecured Business loans help businesses cover expenses, from short-term needs like working capital to long-term ones like equipment purchases and expansion.

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Funding amounts from Rs 25 Lacs to Rs 15 Cr

flexible repayment

Fast Turnaround time (as low as 3-4 days)

Corporate client

Professional Execution

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Smooth Processing

requirements

Simple terms and less paperwork

(*T&C Applied)

Eligibility for Unsecured Business Loan in Mumbai

To be eligible for an unsecured business loan in Mumbai, applicants generally need to meet the following criteria:

  1. CIBIL Score: A CIBIL score of 720 or higher. 
  2. Age Requirement: The applicant’s age typically needs to fall within the range of 25 to 55 years. This criterion may vary across different financial institutions in Mumbai.
  3. Business Vintage: A business should be operational for at least 3 Years.
  4. Minimum Turnover: The minimum turnover ranges from INR 40 to 50 lac.

Documents Required to Apply for Unsecured Business Loans

Unsecured business loans require the documents below.

This is very important, as documentation can be a significant factor in obtaining a UBL facility. However, the length of the process is determined by the availability of documentation.

Owner KYC Documents

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

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

(as applicable)

address document

Banking Documents

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

Financial Documents

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

Advantages of Unsecured Business Funding

  • Unsecured Funding provides financial aid for daily operations
  • Businesses can leverage this facility to address financial obstacles
  • The funding can be applied for both short-term requirements and long-term goals
  • It’s a business-friendly solution that helps companies remain debt-free and manage loan repayments efficiently
  • UBL empowers businesses to grow while effectively managing loans

Unsecured Business Loan at Terkar Capital, Mumbai

Terkar Capital is a financial development firm, that facilitates collateral-free loans of all types or sizes. We are a leading and specialized unsecured business loan facilitator in Mumbai. 

Every business is unique, and so are its financial needs. Thus, We at Terkar Capital facilitate unsecured business loans for businesses in Mumbai. We conduct a thorough financial SWOT analysis to develop the appropriate debt instruments that meet the management’s expectations for raising funds and ensure the end use of the fund is justified. We are dedicated to delivering seamless and efficient debt funding instruments, addressing your funding requirements and offering competitive interest rates.

How We Execute Unsecured Business Loan?

business loan execution process

Check your CIBIL score for free.

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Client's Testimonial

What our clients think about us?

Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Terkar Capital

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Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Growing Nationwide…

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

© Terkar Capital 2024

CIN – U70200PN2023PTC224016

All formal communication from Terkar Capital will be conducted exclusively through our designated official emails. Do not respond to fraudulent calls or emails claiming to be from Terkar Capital. Contact us using the official coordinates!!

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