Unsecured Business Loan
Securing adequate operating capital is vital for sustainable growth in both small and large businesses. Regrettably, many enterprises neglect the necessity of financing strategies, leading them into unforeseen financial crises.
A business loan proves valuable for launching a new venture, revamping an existing one, or facilitating further expansion. It serves various purposes, such as meeting working capital needs, bolstering cash flow, acquiring equipment, and more.
However, when trapped in a financial bind, pledging collateral can increase your stress level. Entrusting your asset for a short-term loan isn't ideal. It is precisely where unsecured business loans from Hindcred step in. You can secure a loan ranging from ₹5 lakh to 50 lakhs without pledging your assets.
Satisfied clients
90%
Here’s what Hindcred has to offer
Unsecured business loan with minimal documentation No need to risk your assets as no collateral required Flexible repayment period from 12 to 48 months No business history required Get Rs 50 lakh instantly at the lowest interest rates Dedicated customer support throughout the loan process Ensure business growth support for business ventures Disbursed within 48 hours of the loan approval
Choosing Hindcred for your unsecured business loans is a wise decision for several straightforward reasons. First and foremost, we offer hassle-free processes. We understand that dealing with complex paperwork can be overwhelming. That's why we've simplified our application process, making it easy for you to apply and get approval swiftly.
Secondly, at Hindcred, we value your time. We know that in the world of business, time is money. Our quick approval and disbursal system ensures that you receive the funds you need promptly. Whether you're looking to expand your inventory, boost your working capital, or invest in new equipment, our fast service means you can make those crucial business decisions without unnecessary delays.
Lastly, we offer flexibility tailored to your business needs. We don't believe in one-size-fits-all solutions because every business is unique. Our unsecured business loans come with customizable repayment plans. It means you can repay the loan at a pace that suits your cash flow, reducing stress and allowing you to focus on expanding your business. With Hindcred, you're not just getting a loan; you're gaining a financial partner dedicated to your business's success.
An unsecured business loan is a type of loan that does not require the borrower to provide any collateral or security against the loan amount. Hindcred offers unsecured business loans with budget-friendly interest rates, making it easier for you to achieve your business objectives. You can borrow any amount between INR 5 lakhs and INR 50 lakhs, tailored to your specific requirements. Applying for a business loan with us gives you the flexibility to choose from various repayment periods, extending up to 60 months. Our documentation process is straightforward and requires minimal paperwork. Once all necessary details and documents are provided correctly, we ensure swift approval within 48 hours. Whether you operate as a wholesaler, retailer, manufacturer, trader, distributor, or B2B service provider, our unsecured small business loans are designed to meet your financial needs. To further enhance your convenience, we offer multiple repayment options, including Post-Dated Cheques (PDC), National Automated Clearing House (NACH), Electronic Clearing Service (ECS), and cash payments. Hindcred is your trusted partner in securing hassle-free and flexible funding solutions for your business endeavors.
The Hindcred Advantage!!
Minimal documentation and trouble-free disbursal Unsecured business loans ranging from Rs 5 lakh to 50 Lakh 5X faster turnaround time than other players in the market Competitive industry rates for unsecured facilities One-click-apply process that will take hardly 10 minutes No need to visit bank and stand in a queue Flexible Financing Options Easy Online application process
Quicker , Smarter , and Time Saviour
In order to qualify for an unsecured business loan, you must-
Be 21 to 65 Years Old Be an Owner of a Registered Business Ensure your Business Generates a Minimum Turnover of 1 Crore Maintain a CIBIL Score of 630 or Higher
Apply effortlessly online with just four simple steps-
1. Verify your eligibility within 60 seconds. 2. Easily apply online with a straightforward and hassle-free process. 3. Upload your required documents securely. 4. Select your desired loan option.
Documents Required
KYC Documents Proof of Business Ownership Bank Statements of the Previous Months Other Financial Documents
Features and Benefits of Unsecured Business Loan
Small & medium-sized businesses (SMEs) are the backbone of India's economy. Surprisingly, 90% of them struggle to get the credit they need. At Hindcred, we understand your unique business needs. We create personalized solutions that match your goals, helping you make money when your business needs it most.
We collaborate with major lenders in India and know their loan requirements well. This means we can help you get funds faster than usual. With Hindcred, unsecured loans are a speedy solution for your short-term needs and business expansion – it's a guarantee!
Complete the application form in just 3 minutes!
Engage in a brief conversation with our representative to explore your SME Business Loan options.
Take a seat and chill! You're on the path to securing your business loan.
Are you a manufacturer, B2B service provider, wholesaler, distributor, or trader seeking a convenient financing solution for meeting your business requirements? Our unsecured business loans offer swift access to funds, ensuring your business operations run smoothly without delays. At Hindcred, we comprehend your urgent need for hassle-free unsecured business loans. That's why we provide quick and easy financing options with minimal documentation and rapid processing times. We prioritize your business requirements, ensuring you get the financial support precisely when you need it. *Terms and Conditions Apply
At Hindcred, we strive to make business loans more affordable for you. Furthermore, we try to meet your business needs in a convenient manner. We are committed to delivering swift services and forging enduring, robust relationships. Seize the opportunity now and benefit from our pre-approved facility and lightning-fast customer service. *Terms and Conditions ApplyUnsecured business loans come in two types: This flexible loan option allows you to draw funds multiple times, tailored to your specific needs. You only pay interest on the amount you utilize. It's ideal for periodic business expenses, offering great flexibility. This form of unsecured business loan is useful for singular, substantial investments like purchasing a building, land, or machinery. These loans are granted based on your actual creditworthiness, not requiring collateral. They typically have shorter repayment terms. Secured Loan: Needs collateral (such as property or assets) to secure the loan. Unsecured Loan: Doesn’t require collateral; approval is based on creditworthiness as well as business stability. Secured Loan: Lower risk for the lender as they can claim the collateral if the borrower defaults. Unsecured Loan: Higher risk for the lender, hence often comes with higher interest rates to compensate for the risk. Secured Loan: Generally, allows for larger loan amounts due to the presence of collateral. Unsecured Loan: Loan amounts are usually smaller compared to secured loans. Secured Loan: Typically has lower interest rates due to the reduced risk for the lender. Unsecured Loan: Interest rates are higher because of the higher risk involved for the lender. Secured Loan: Approval is generally easier as the collateral provides security for the lender. Unsecured Loan: Approval process can be more stringent, focusing heavily on the borrower’s creditworthiness. Secured Loan: Longer repayment periods are common due to the substantial loan amounts. Unsecured Loan: Shorter repayment periods; often considered short-term loans. Secured Loan: Borrower’s assets are at risk; they can be seized if the loan is not repaid. Unsecured Loan: No specific assets are at risk; lender can’t seize any collateral. Secured Loan: Defaulting impacts both credit score and results in loss of assets. Unsecured Loan: Defaulting impacts credit score, but assets remain safe as there is no collateral involved. Secured Loan: Longer processing time due to the need for collateral evaluation. Unsecured Loan: Shorter processing time as no collateral assessment is required. Secured Loan: Often used for significant investments such as buying property or large-scale business expansion. Unsecured Loan: Ideal for short-term needs like working capital, inventory purchase, or smaller business expenditures. Hear it straight from our satisfied and happy clients. I can't praise Lending Hub enough for their audit preparation service. Their meticulous attention to detail and organization ensured our audits ran seamlessly. Their team's financial analysis and reporting also provided us with valuable insights for future growth. We owe our financial stability to Lending Hub. Their cash flow management service helped us maintain liquidity even during tough times. Their financial analysis and reporting provided clarity in decision-making. We're truly grateful for their exceptional Lending Hub support. Lending Hub has been a game-changer for our company. Their cash flow management expertise helped us sail through challenging times, and their strategic insights have taken our business to new heights. We couldn't have asked for a more dedicated and knowledgeable Lending Hub partner! Lending Hub business strategy service has been instrumental in our success. Their tailored strategies have not only improved our profitability but have also given us a clear roadmap for the future. Their NBFC expertise has become an invaluable asset to our organization.
Types of Unsecured Business Loans
Line of Credit
Term Loan
key Differences between Secured & Unsecured Business Loans
Collateral Requirement
Risk Factor
Loan Amount
Interest Rates
Approval Process
Repayment Period
Assets at Risk
Credit Score Impact
Processing Time
Purpose of Loan
Industries we Cater to
Connect with our Top Clients
Hindcred is a reputable financial institution offering unsecured business loans to entrepreneurs and businesses in need of quick and hassle-free funding solutions. Applying is easy! Visit our website, fill out the online application form, and submit the necessary documents. Our team will guide you through the process. Hindcred provides unsecured business loans ranging from INR 5 lakhs to INR 50 lakhs, tailored to meet various business needs. You can choose a flexible repayment period of up to 5 years, allowing you to comfortably manage your repayments. No, our unsecured business loans do not require collateral. Your loan approval is based on your creditworthiness and business stability. Once all required documents are submitted, we strive to provide loan approval within 48 hours, ensuring you get swift access to funds. Yes, we support startups and new businesses. We evaluate your potential and business plan for loan approval. Our interest rates are competitive and vary based on factors like credit score, business stability, and loan amount. We cater to a wide range of industries including retail, manufacturing, services, and more. Our loans are versatile to suit diverse business needs. Yes, you can prepay your loan without incurring any extra charges, providing you financial flexibility. No, we believe in transparency. There are no hidden fees. All charges and terms are clearly communicated during the application process. You can easily check your application status by contacting our customer support team or logging into your online account on our website. Yes, we offer top-up loans for existing customers who need additional funds for their business requirements. While it's important to adhere to the repayment schedule, we have a grace period. However, consistent late payments may affect your creditworthiness. A: We understand business challenges. Contact our customer support to discuss possible solutions, such as restructuring your repayment plan. A: Absolutely! Our unsecured business loans can be utilized for various purposes, including expansion, working capital, equipment purchase, and more. Yes, our application process is entirely online, providing you convenience and saving your time. Commonly required documents include business proof, financial statements, KYC documents, and details about the intended use of the loan. We employ robust encryption and security protocols to safeguard your data, ensuring it remains confidential and secure throughout the application process. Absolutely! Our dedicated customer support team is available to assist you with any queries or concerns you may have regarding your loan application or repayment.
Most common FAQ
Secure the future of your business with Lendinghub's hassle-free, collateral-free, Unsecured Business Loan service. We understand the challenges entrepreneurs face, so we offer swift and flexible funding solutions without the need for collateral. With competitive interest rates and a streamlined application process, Lendinghub empowers businesses to seize opportunities, expand operations, and invest in innovation.
Explore More
Immerse yourself in captivating tales, expert advice, and delightful surprises. Don’t miss out - subscribe to our newsletter today!
