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Apply for Business Loan in Delhi NCR at Flexiloans for ✓Instant approval without security ✓Lowest interest rates ✓Minimal documentation ✓Seamless application ✓Quick credit assessment ✓Fast sanctioning. Apply now!
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Delhi has boosted its economy in the last 5 years giving an opportunity to a large number of home grown entrepreneurs in every sector right from retail to manufacturing to business hubs. To avail of a business loan you need to fulfill some criteria like minimum CIBIL score, profitability in the last 2 years and the rest. The amount of loan that can be availed can range from some lakhs to crores depending on the nature of your business requirements.
BENEFITS OF TAKING UP A LOAN IN DELHI NCR • Flexibility With a flexible payment structure, taking up a loan according to your requirements and repayment in line with your business cash flows is a major boost for a loan. • Instant Approvals In a fast moving city like Delhi, where everyone is running for time while a loan procedure may seem like a lengthy process on the contrary the loan approval process is a piece of cake provided you fulfil all the eligibility criteria’s. • Staying ahead of competition With increasing opportunities for businesses to do well, taking on a loan will help stay ahead in the game. By improving the working capital or a shorter cash conversion cycle, efficiency will be at its peak, thus increasing revenues. • Expanding E-Business With Delhi being a manufacturing hub for SME’s having retail stores sometimes may seem difficult, providing opportunity to booster the e-commerce business.
INTEREST RATES AND CHARGES FOR BUSINESS LOANS IN DELHI NCR Interest rates for an SME loan or MSME loan are calculated on various aspects and tangents taking in criteria the CIBIL score, net worth, profitability of the business, cash flows, working capital and inventory ratios and the tenure of the loan. Usually a longer dated loan would have a lower EMI while a risky business would have a higher EMI.