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Business Loan Without Collateral

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Business Loan Without Collateral

Whatever your nature of business – manufacturing, trading or services, timely availability of funds is critical for the business. Whether you need funds for temporary working capital need or as capex to grow your business, we at Rupyz have a solution for organizing working capital loans for your business.

In today’s world, where time is more valuable than money, most of the traditional banks and NBFCs takes their own sweet time for collection of documents, processing and decisioning the case. At Rupyz we understand the importance of timely availability of funds and hence we deploy the latest technology to make fund raising fast, easy and hassle free.

Features
  • Loan amount from INR 10 L to INR 200 L
  • Unsecured, no collateral required.
  • Flexible repayment subject to minimum of EMI amount
  • Part-payment & pre-payment facility with any kind of charges.
  • Loan tenure of 1 to 4 years, completely flexible as per your business need.
Eligibility Criteria

No two business are same. While there are no fixed criteria, we have outlined below a few basic qualification criteria:

  • Business has to vintage or operational for at least 3 financial years.
  • Minimum Business Turnover or Revenue receipts of INR 1 Cr.
Documents Required
  • Income Tax return for last 2 assessment years.
  • Set of financials for last 2 years (Balance Sheet, Profit & Loss account, Notes & Schedules and Director’s & Auditor’s Report).
  • GST returns for current financial year.
  • KYC for the Company/Firm & Individual Partner/Promoters.
  • Main bank statements for last 6 months.
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