Unsecured Business Loans in Nagpur

Unsecured business loans are a financial instrument for businesses in Nagpur, facilitating quick and accessible funding without requiring collateral. These loans empower businesses to tackle immediate financial needs, for expansion, unexpected expenses, or managing working capital. With competitive interest rates and flexible repayment terms, unsecured loans cater to the dynamic nature of Nagpur’s business environment, fostering growth and resilience in this ever-changing market.

Key Features of Unsecured Business Loans

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)

Advantages of Unsecured Business Funding

  1. Unsecured Funding provides financial assistance for daily operations
  2. Businesses can leverage this facility to address financial obstacles
  3. Funding can be applied to both short-term needs and long-term goals
  4. It is a business-friendly solution that helps companies stay debt-free and manage loan repayments efficiently
  5. UBL empowers businesses to grow while effectively managing loans

Eligibility for Unsecured Business Loan in Nagpur

To be eligible for an unsecured business loan in Nagpur, 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 Nagpur.
  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.

Let’s schedule a brief call to discuss unsecured business loans for your business!!

Unsecured Business Loans Documents

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. Here’s the list:

Owner KYC Documents

  1. Adhar Card (complete page)
  2. Pan Card
  3. Latest Electricity Bill
  4. Current Rent Agreement
  5. Passport Size Photo

Business KYC Documents

  1. GST Certificate
  2. MOA, AOA, Pan Card
  3. Shop Act / Trade License
  4. Certificate of incorporation
  5. Shareholding Pattern
  6. Partnership Deed
  7. Current electricity bill and
  8. Rent Agreement

Banking Documents

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

Financial Documents

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

Unsecured Business Loans at Terkar Capital, Nagpur

Every business has unique financial needs. At Terkar Capital, we understand that and specialize in facilitating unsecured business loans for businesses in Nagpur. We believe in removing collateral requirements as a barrier to accessing funds for qualified businesses.

At Terkar Capital, We conduct a thorough financial SWOT analysis to develop the appropriate financial instruments that meet the management’s expectations for raising funds and ensure the end use of the fund is justified. We are a team, dedicated to delivering seamless and efficient debt funding instruments, addressing your funding requirements and offering competitive interest rates.

How Do We Execute?

Check your CIBIL score for free.

Client Feedback

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.

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

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

Growing Nationwide…

Terkar Capital

In Association with:

MSME Global Mart | MCCIA

© 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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