Getting qualified for a business loan is now effortless. Along with banks, and various other lending institutions emerging in the market, the entrepreneur need not worry about the most crucial part of running the business, which is nothing, but financing. Similarly, Ziploan– an RBI registered NBFC provides funds, at an affordable interest rate.
Secondly, all you need to do is fill up an online loan application form, which is easily available on the Ziploan website and simply submit the soft copies of the documents that are required to avail of a fund for business. Basically, Ziploan was established in 2015 with the objective to provide unsecured business loan online to small business owners in India.
The working style of Ziploan is backed by technology and is the leading platform that further extends all-around help to the MSMEs in availing the business loan up to Rs. 7.5 lacs in a short span of 3 days. The entire loan lending process is pretty quick and hassle-free.
Go on to read about- What is the eligibility criteria for a business loan from Ziploan.
- Business vintage of minimum two years.
- Business ITR to be filed for minimum last two years.
- Either house or business in the owner’s name.
- Turnover of minimum Rs. 10 Lacs in the previous year.
- Business premise to be separate from that of the residence.
Moreover, the borrower of the loan needs to submit all the required personal and financial documentation at the time of verification. The applicant will be informed of the loan application process later. Once the applicant has met all the business loan eligibility criteria, he/she can get an unsecured business loan up to Rs. 7.5 lacs.
Documents Required to Avail a Business Loan Without Security
The documents required to avail of the business fund are quite minimal and easy to fulfil. The applicant can simply upload all the PDFs/ softcopies of the followings on the website or Ziploan instant loan App.
- Copy of passport size photograph
- Copy of PAN Card and Aadhar Card
- Copy of previous year ITR
- Last nine months of bank statement
- Copy of business address proof
- Copy of residential address proof
Why Choose Ziploan as A Lending Partner?
Small business owners who are looking for an MSME loan must choose Ziploan as their lending partner, to solve their fundamental issue of working capital availability. The main advantage for a business owner is he/she can enjoy the following benefits by opting for Ziploan–
- Ziploan is a technology-enabled lending partner, which makes real-time available of fast funding.
- The lending process of Ziploan is quick and hassle-free.
- Ziploan asks for very simple and minimal documentation.
- The business loan interest rate is quite affordable and competitive
- There are no hidden charges.
- Ziploan does not require a financial statement, i.e. Balance sheet of the company to assess the applicant’s eligibility.
- The process of availing the business loan is online, and the customer does not need to visit in person to get the business loan approval.
How to Apply for Ziploan Business Loan?
To apply for a Ziploan business loan is no rocket science. A loan can be applied online by simply following the below mentioned simple steps.
- You can download the Ziploan instant loan app from the play store.
- Fill out the business application form online by entering the correct information and click on submit.
- Lastly, upload all the PDFs/ soft copies of the required documents for quick processing.
Once, this is done, the representative from Ziploan will process all your documents and also update you on the next steps regarding the status through SMS and emails. Availing funds for your small business is no more difficult. You can get the same in as less than 3* working days in your account when opted from Ziploan.
