If you are a small business owner looking for an MSME business loan, we are here to help you. We have a 1-minute eligibility check on our website, post which a Kinara loan officer will get in touch with you. Our Loan Officer will continue with the process in your desired language and walk you through the process.
Why choose Kinara Capital?
Get MSME loans from ₹1 lakh to ₹30 lakhs with a digital-first process in your preferred language. We serve 4,500+ pincodes and 300+ sectors.
Fast
Get your loan in 24 hours
Flexible
Minimal and flexible documentation process
Friendly
Doorstep customer service to help you from start to finish
Collateral-free MSME Loans
We provide doorstep customer service in Andhra Pradesh and our loan process requires minimum documentation. Our fully digital process can provide you a loan within 24-hours.
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Tenure
12 to 60 months
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Rates
Starts at 24%On a reducing rate basis
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1-30 lakhs
Unsecured loans in Vizag
Vizag is one of the cities selected for the Smart Cities Mission by the government, and therefore receiving central impetus to develop industries and infrastructure. Being a port town, Vizag has always been a centre for commerce, housing an international port and shipyard has led to the establishment of the offices of several large companies like GAIL, HPCL and BHEL in the city. But Vizag also has a network of small businesses to support the economy of the port town. The city is also famous for its growing steel industry, which has spawned smaller steel products and components manufacturing businesses across the region. But owners of small businesses might be hard pressed to find the right opportunities, due to the lack of access to capital. As with many small businesses, accessing formal credit is a challenge for small business entrepreneurs in this port town, because banks are wary of lending to them without collateral. Kinara Capital has a presence in Vizag and offers unsecured business loans in Vizag, specifically for small businesses.
Business Loans in Andhra Pradesh
Andhra Pradesh is one of the southern states of India, and it is the only one in the country to have three proposed capitals. While Visakhapatnam is the executive capital of the state, Amaravati serves as the legislative capital and Kurnool is the judicial capital. The state is home to a thriving automobiles and auto part manufacturing industry. But it also houses myriad other industries, including pharmaceuticals, poultry farming, spice making, textiles and horticulture. It also has emerging IT hubs, which are supported by many smaller service industries. Large firms like PepsiCo, Isuzu Motors and Cadbury India have manufacturing units in the state, but there are also a host of smaller businesses. But these small businesses might face the challenge of not having easy access to formal credit from banks. In such a situation, they can turn to Kinara Capital, which offers collateral-free business loans in Andhra Pradesh.
How to get a business loan in Vizag?
Vizag-based small business owners might find it difficult to get a business loan from a bank. This could result in MSMEs missing out on growth opportunities because they don’t have the cash flows to support new orders or business requirements that come along. However, there is an easier way to get MSME loans in Vizag. Log on to the Kinara Capital website and fill out our 1-minute eligibility check to see if you qualify for a loan. 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 minimal documentation.
MSME Loan Process
Kinara Capital has a quick MSME business loan process. After the initial application process and approval, a loan can be disbursed within just 24-hours. You can get started with an MSME loan eligibility check on our website. If you are eligible, a Kinara Loan Officer will be in touch for the rest of the process. Once your application is verified and approved, your small business loan will be disbursed. Our documentation process is flexible and allows for the substitution of certain documents with others, subject to availability.
Our Process
Get a business loan in
3 easy steps!
All you have to do is enter a few details and upload your documents to our secure online portal. We’ll take care of the rest!
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Fast eligibility check
Find out if your business is eligible in just 1 minute! Available in 7 languages. Zero document upload required for eligibility check.
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Secure KYC & income verification
Provide your personal & business documents. Fully secure online portal with easy upload. Help is at your fingertips with chat or call.
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Quick loan disbursement
Get money in your account within 24 hours! Digital loan approval with electronic bank deposit.
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Hear from our Happy Customers
Meet our VikasChampions
With their grit & perseverance, small business owners go on to create local jobs and grow India’s economy. Here’s what they have to say about us!
K. Appa Rao
Hema Electronics
“With Kinara's support, I kept my business running smoothly and growing in leaps and bounds. Now I’m helping others by creating jobs.”
Anupama Chenna
Sri Padmavathi Enterprises Gajuwaka
"Since we got our first loan from Kinara, business has improved, increasing our turnover to Rs. 15 lakhs from Rs. 1-2 lakhs in 8 months.”
Vishwanathan
Sri Sai Candles
“Small factories like ours simply can't get a loan from banks. With Kinara Capital, you don’t even have to go anywhere, they come to you!”
Frequently Asked Questions
FAQ
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How to apply for a business loan in Vizag?
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Is Kinara Capital a bank?
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What is the eligibility criteria for an unsecured business loan in Vizag?
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Which sectors are covered by MSME loans?
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Is Kinara Capital registered with/regulated by the RBI?
