Collateral-Free Business Loan
A programme by FlexiLoans
An unsecured business loan for existing MSMEs, with no collateral and repayment over 24 to 42 months.
At a glance
| Best for | Existing MSMEs that need working capital, equipment or expansion funds without pledging assets |
|---|---|
| Duration | 24 to 42 months |
| Format | Online |
About Collateral-Free Business Loan
The collateral-free business loan is the lender's main product. It is an unsecured loan for an existing business, so you do not pledge property, machinery or other assets. The lender says the loan amount, interest rate and tenure are set from your GST returns, bank statements and credit profile.
What you get
- An unsecured loan with no collateral required.
- A repayment tenure of 24 to 42 months, with EMIs set around your cash flow.
- An online process, with a loan offer after the lender reviews your documents.
- Funds for working capital, equipment, inventory or expansion.
Who can apply
- An existing business with at least 1 year of vintage, such as a shop, a manufacturing unit, a service firm or an e-commerce business.
- A business that is legally registered and holds a valid GST certificate.
- An owner aged between 21 and 60, according to the MSME eligibility guide.
How selection works: the lender reviews your bank statements, GST filings and transaction history, then shares an approval or rejection status before it makes an offer.
How to apply: use the Apply Now link on the business loan page. Have your KYC documents, six months of bank statements and GST registration ready.