Apply for Business Loan Without Collateral

Overview

Our Business Loans Without Collateral (Working Capital) offer essential credit to MSMEs without the hassle of collateral. These loans offer flexible financing options tailored to meet specific business needs, ranging from acquiring equipment to expanding operations and managing working capital.

Ugro Capital Business Loans Without Collateral

Up to INR 75 Lacs

Loan Amount

36 months

Tenor

Business Loans Without Collateral Loan Process

You can apply for a Business Loan Without Collateral by following these three simple steps:

Step 1

Click on Apply Now and enter your contact details.

Ugro Capital Enter Your PAN and other relevant details

Step 2

Enter Your PAN and other relevant details, and click Apply Now

Ugro Capital Verification and Assessment

Step 3

The application will then proceed for verification and assessment

Popular FAQs

What is Business Loan Without Collateral?

A Business Loan without collateral, as the name suggests, is a type of loan that does not require the borrower to provide any collateral or security against the loan. Instead, the loan is granted based on the borrower's creditworthiness, financial history, and ability to repay the loan.

What is the maximum repayment tenure one can opt for?

At UGRO Capital, the maximum repayment tenure would be 36 months.

Should I visit a physical branch to apply for a Business Loan Without Collateral?

You are not required to visit the branch for this business loan. You can do the same here: (insert business loan w/o collateral Apply Now page link)

Can I prepay my loan?

Yes, you can prepay your loan subject to payment of applicable charges and conditions mentioned in the schedule of charges. (Insert Schedule of Charges Link here)

Which entities can avail a Business Loan?

Sole proprietorships, Partnership firms, Private limited companies, Self-employed individuals, SMEs, MSMEs, and large enterprises, Retailers, Manufacturers, Traders.

What is a good Credit score to get a Business Loan Without Collateral?

A credit score of 650+ is good to avail of a Business Loan from us!

What is the security or collateral required to be provided to avail this loan?

No security or collateral is required to avail this loan.

What are the various purposes of a Business Loan Without Collateral?

You can use a this loan for any business purpose, such as financing inventory, expanding the business, meeting the working capital needs or even hiring staff!