Empowering Business Growth
Collateral-Free Loans in 24 Hours!
Accelerate Expansion with Hassle-Free Unsecured Loans
Powered by Top NBFCs and Banks as Lending partners
Unlock Your Collateral-Free Business Loan – A Hassle-Free Process!
No Lengthy Applications, No Visits – Just a Straightforward and Speedy Process
Step 1
Scan QR Code
Step 2
Answer a few quick questions
Step 3
Upload documents through WhatsApp
Step 4
Get loan decision & funds ASAP!
Understanding Collateral-Free Business Loans
Collateral-free business loans enable businesses to access funds without pledging assets. Based on creditworthiness, they offer a streamlined, accessible financing option for SMEs, fostering efficiency and flexibility in meeting various business needs
No Hefty Collaterals
Ease the financial burden on small businesses
Simplified Criteria
Smooth acquisition process without unnecessary hassles
Tailored Borrowing Limit
Borrow on Your Terms, When You Need It.
Why Choose Collateral-Free Business Loans?
Explore the advantages of opting for collateral-free loans for your business growth.
Financial Flexibility
Adapt your borrowing to meet the evolving needs of your small business.
Effortless Process
Smoothly acquire funding without unnecessary complications
Wide Options
More than 10+ Banks and NBFCs evaluations with one single application for faster loan approval.
Rising Entrepreneurship
Collateral-free loans make business ownership accessible to a broader demographic
Transparent Terms
Gain clarity with straightforward terms and conditions, ensuring a fair & understandable borrowing experience for all.
Empower Your Business Dreams with Hassle-Free Collateral-Free Loans!
Types of Business Loans
Secured Loans
- Higher amounts, lower interest, longer tenure.
- Higher amounts, lower interest, longer tenure.
- Fixed monthly payments, potential impact on credit if defaulted.
-> Pros
-> Cons
-> Repayment
UnSecured Loans
- Quick approval, no collateral needed.
- Smaller amounts, higher interest rates.
- Shorter tenures, creditworthiness influences rates
-> Pros
-> Cons
-> Repayment
Advantages of Unsecured Loans
- Eliminates the need for substantial collateral, easing financial burden
- Minimal requirements ensure a smoother acquisition process
-> No Hefty Collaterals
-> Simplified Criteria
Where to Find Unsecured Business Loans
EnKash Capital
- -> Quick and seamless online application process.
- -> Competitive interest rates for affordability.
- -> Special incentives for existing customers
Banks
- -> Private & public sector offer unsecured loans
- -> Online applications available for convenience.
Non-Banking Financial Companies (NBFCs)
- -> Provide loans without security deposits.
- -> Popular among small businesses seeking alternative lending options.
EnKash Capital Collateral Free Business loans:
Streamlined Eligibility & Document Guide
Scaling a business requires substantial financial investment, whether it's for expansion, upgrading technology, or enhancing your workforce's skills. EnKash Capital is dedicated to empowering your business's growth by offering flexible collateral free business loans tailored to your needs. Our unique approach ensures that you have the financial support to pursue your business aspirations, from office renovations to purchasing new equipment. With our streamlined process, securing a loan for your business's short or long-term needs has never been easier or more efficient.
Simplified Application Process: We understand that time is of the essence for business owners. That's why we've simplified the loan application process with our innovative WhatsApp-based application system. With just one application, you gain access to competitive loan offers from over ten lending partners. Our commitment to minimal documentation and quick turnaround times means you can focus on what matters most—growing your business. Enjoy competitive interest rates starting from as low as 1% per month, loans up to Rs. 50 Lakh, and flexible repayment options up to 60 months.
- PAN Card verifies the identity and financial history of applicants and their business associates.
- Aadhar Card ensures accurate, up-to-date identity verification.
Individual KYC:
- 6 months for current/savings accounts to assess cash flow and stability.
- 12 months for OD/CC accounts for a deeper financial overview.
Bank Statement:
- Proof of operational history through ITR, rent agreements, MSME registration, or GST registration, highlighting business stability.
Business Continuity/KYC:
- Mandatory for loans over 10 Lakhs, a 12-month statement showcases tax compliance and business scale.
GST Statement:
- Two-year requirement for loans over 10 Lakhs, providing a detailed look at financial health and tax adherence.
ITR (Income Tax Returns):
- Validates the business premises through documents like electricity bills, sale deeds, or rent agreements.
Ownership Proof:
- For partnerships/LLPs, partnership deed + PAN.
- For Pvt Ltd/Ltd, COI, PAN, MOA, AOA, and director/shareholder details confirm legal and operational status.
Company KYC:
These documents are integral to forming a complete picture of your business, ensuring EnKash Capital can efficiently process and approve your
collateral free business loans
application. By demonstrating your business’s stability, financial health, and compliance, you pave the way for a smooth financing journey.
FAQ
Disclaimer: EnKash Capital is a platform that connects businesses with different RBI-licensed NBFCs who are willing to offer lending options to the businesses. The loans offered on the platform are subject to the terms and conditions and loan approval process of the NBFC partners.
Can I use the loan amount for other purposes?
How quickly can I expect approval for an unsecured business loan?
Are there any hidden charges associated with unsecured business loans?
Can I apply for an unsecured business loan online?
Is there a limit on the loan amount for business expansion?
How does repaying on time impact my credit score?
Can I use the loan for marketing purposes exclusively?
What makes EnKash's collateral-free business loan different from other options?
What documents do I need to provide?
What are the interest rates and repayment terms?
Do I need collateral to secure the loan?
How can I apply for the loan?
How Will Any Grievance Be Addressed?
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