A flexi loan is a type of business loan where the borrower gets a credit line that can be used at the time of need. The credit can be used at the time of unexpected cash requirements, equipment purchase, and business expansion. The borrower can use the finances to the sanctioned limits and will be only charged interest on what he has utilized. Flexi Business Loans offers financial support for the unpredictable needs of a business. Since applying for multiple loans is a time-consuming process you can take a Flexi loan, this loan will offer savings as compared to a term loan. A Flexi loan offers flexibility of withdrawing as much loan amount required within the offered credit limit and loan tenor you opted for.
Further, you also get to choose to pay only the interest as EMIs to manage your business cash flow better. You can pay off the principal at the end of the loan tenor, based on your convenience or when your business is likely to have the funds for repayment.
Now that you are well aware of the three business financing options that can provide a fast and convenient source of funds for your business. Women entrepreneurs can choose from them based on their business and get the required funds to fulfill their business needs. Applying for a business loan is an ideal option for financing business because of its flexibility and affordability.
At Finserv MARKETS, you can apply for a business loan of up to Rs. 30 Lakhs at attractive interest rates and use the loan funds to undertake various business operations. The application process for business loans at Finserv MARKETS is easy with personalized pre-approved offers, instant approvals, and quick disbursal of the loan amount. You can download the Finserv MARKETS App online and get access to fast financing for your business. With flexible repayment tenures ranging from 12-60 months you can choose between short-term or long-term loans.
Before applying for a collateral-free business loan, you can use a business loan eligibility calculator to check whether you are eligible for a credit. At Finserv MARKETS, you can also check your CIBIL Score and get a detailed Financial Health Check Report (FHCR) for free. The financial report will help you make sure you are eligible for the loan and make the complete loan approval process quicker and more comfortable.
“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.”