Get An Unsecured Business Loan Online

By Author: Reeta Menon
Total Articles: 21
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Poonawalla Finance is a reputed NBFC (Non-Banking Finance Corporation) that offers an easy unsecured business loan in Pune and other cities at favorable terms. You can use the amount to scale your operations, increase office space, purchase advanced tools and equipment, improve stock and inventory, or to meet your working capital needs. The debt can be paid over a flexible tenure so that you do not face any stress. Simply fill the online application form and have the money in your bank account in two working days.

Eligibility
• Applicants for the unsecured business loan should be from 24 to 65 years of age
• They need to have a stable business for three years
• Minimum yearly turnover of the company should be Rs. 10 lakhs

Required Documents
• KYC documents of company/firm: Address proof, PAN card, GST registration certificate (if it is applicable), and other relevant business registrations
• KYC documents of business owner/director/partner: Aadhaar ...
... card, PAN card, Index II/rent agreement/electricity bill
• Income documents: IT returns with calculations for the last two years
• Balance sheet and profit/loss statement for the last two years
• Bank account statement for the last six months

Features and Advantages
• Poonawalla Finance does not require any security or collateral for your unsecured business loan.
• The interest rate is affordable compared to competitor products.
• Minimal paperwork and documentation are needed as you can complete the business loan application online.
• Fast approval within just two working days.
• The repayment tenure is flexible and can extend to 36 months.
• There are no hidden charges or surprise fees and the NBFC will inform you about your costs upfront to ensure complete transparency.
• If you want, you can elect to prepay the debt and you’ll not be charged for part payment or pre-payment.
• Take advantage of the low-interest rate by consolidating your debts and smaller higher-cost debts.

Cities Served
You can avail an unsecured business loan in Pune as well as other cities served by Poonawalla Finance such as Mumbai, Nagpur, Aurangabad, Nasik, Hyderabad, Bengaluru, Ahmedabad, Vadodara, Surat, Indore, and Bhopal. The company offers comprehensive customer support and you can contact their team by phone or email to obtain assistance. Phone support hours are 10 AM to 6 PM on weekdays.

Online Application
Visit Poonawalla finance website to fill out your business loan application online. Simply provide a few details like name, contact details, PAN card number, and location. You’ll get an OTP on your mobile phone for security. The entire process is simple and hassle-free, and you can quickly obtain your business debt.

Tips to Use Your Business Loan
You can put your unsecured business loan from Poonawalla Finance to good use by investing the funds to purchase inventory, equipment, meet day-to-day expenses, refinance or pay other debts, and for your marketing budget. Further, you can utilize the amount to boost your working capital to meet daily expenditures.

If your business is expanding rapidly, you need additional office space and employees, and a business debt from Poonawalla Finance can come in handy to meet these expenses. In this way, you’ll be able to boost your company’s revenue and sales. Therefore, utilize the business debt smartly and purposefully to grow your business and generate higher profits.

I have a strong interest in writing articles and blogs related to fitness, health diseases, diabetes, allergy, diarrhoea. In a free time playing chess and listening to music.