Business Loans in Pune

Minimal and flexible documentation process

Doorstep customer service to help you from start to finish

Pune is an erstwhile small city that has firmly established its identity as an un-and-coming metro, all without compromising on the safety and health of its residents. In fact, it has been named the “most livable city in India” several times. Although it has emerged as a tech start-up hub and IT hub over the past decade or so, Pune is also home to thousands of small businesses, including many that cater to these burgeoning industries. Restaurants and cloud kitchen, gadget repair services and retail shops are among the many small businesses that have mushroomed around business districts and new housing complexes. Pune also houses many automobile manufacturing units. These small business owners have the potential to expand rapidly, given Pune’s growth trajectory, but lack of access to formal credit facilities might present a hurdle. Banks may not provide loans to these businesses due to the lack of property collateral, but Kinara Capital offers unsecured business loans in Pune.

Kinara Capital has stepped in to bridge this credit gap by providing unsecured business loans in Hyderabad. The loan can be used for various purposes, such as expanding the business, buying more machinery, or covering day-to-day business expenses. These loan interest rates can vary depending on the purpose and tenure of the loan, as well as the lender’s policy and the borrower’s credit history. Kinara Capital’s online loans can be accessed quite easily and with minimal documentation within 24 hours.

Maharashtra is one of the largest and most quickly growing states in the country. With the government’s support, the state has facilitated ease of doing business and is now home to a range of multinational companies, as well as myriad small businesses. The six important industries in the state are cotton textiles, chemicals, machinery, electricals, transport, and metallurgy. It is one of the most industrialized states of India, and has many important business centres like Mumbai, Pune, Nagpur, Nashik, Shirdi and Kolhapur. The commercial hubs in the state not only support large corporations but also a host of small businesses that support the operations of these giants. But small businesses in the state might have a hard time accessing capital, which is essential for them to grow. To cater to the many small business entrepreneurs, Kinara Capital offers collateral-free business loans in Maharashtra.

In order to qualify for a business loan from Kinara, you need to meet the following criteria: 

• Your business should be part of the manufacturing, trading or services sector.
• The pin code should be one where Kinara Capital is already offering services. 
• Total monthly turnover should be greater than Rs. 50,000 and less than Rs. 4 crores. 
• The business should fall under the list of sectors and sub-sectors serviced by Kinara.

Pune’s small business owners might find themselves being turned away by banks if they approach them for a business loan. This is largely because traditional lenders don’t want to take a risk by lending to a small business without property collateral. However, there is an easier way to get MSME loans in Pune. Simply log on to the Kinara Capital website and fill out our 1-minute eligibility check to see if you qualify. If you do, a loan officer will get in touch with you to complete the process. The MSME loan process at Kinara Capital is quick, easy and requires only limited documentation