Business Loans for Service Sector MSMEs
We offer collateral-free business loans to small business entrepreneurs engaged in the service sector, to help them improve their offerings, attract more clientele and expand their businesses.
RBI registered company
Grow your business with Kinara
Working Capital Business Loans
Working Capital Loans
Collateral-free business loans to ensure the smooth running of your operations and cover various day-to-day expenses.
Get your business loan today!
We support MSMEs in the Manufacturing Sector with our collateral-free business loans
Popular Sectors
Automobiles
Healthcare
Restaurants
Electricals
Transport
Food Service
Home Care
Professional
Why choose Kinara Capital?
Get MSME loans from ₹1 lakh to ₹30 lakhs with a digital-first process in your preferred language.
Fast
Get your loan in just 24-hours
Flexible
Minimal and flexible documentation process
Friendly
Doorstep customer service to help you from start to finish
Business Loan EMI Calculator
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!
Changani Ghanshyam
Sri Aarusuvai Food Products
With the Rs. 6 lakh loan, we expanded, hired more tailors, and took on bigger orders, establishing Gangotri Fashions in the industry.
Prithviraj Savant
Sri Aarusuvai Food Products
Kinara Capital’s hassel-free loan helped me expand my team, boost turnover from Rs. 10-11 lakhs to Rs. 15-16 lakhs, and build a resilient, growing business.
Gouranga Charan Jena
Sri Aarusuvai Food Products
Kinara’s Rs. 2 lakh loan helped me grow from 2 machines to 4, increasing production and income by 5x, while empowering women in my workforce.
SIMPLE STEPS
How to apply for business loan?
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!
More about service sector loans
SERVICE SECTOR LOAN
Service sector business loan
Working Capital Business Loans can be used to cover the day-to-day expenses of a business. Whether you need to pay your employees’ salaries, renovate your business premises, or just ease the cash flow of your business in the short term, these loans can be very useful.
In the service sector, it is crucial to stay ahead of the competition by keeping your workers and services up to speed, and for this and myriad other purposes, you can quickly avail a collateral-free service sector business loan so that your business continues to operate smoothly.
STAY AHEAD
Benefits of business loan for service sector
Successfully running a small business in the service sector entails staying well ahead of the competition. You also have to make sure you give your customers enough incentive to keep coming back to you, so that they are not poached by other businesses. Quality and consistency are key to delivering services that make for loyal customers. So make sure that your equipment, premises and staff are up to date with the latest demands and trends in your industry. A business loan for the service industry can help you ensure that your staff gets paid on time, your equipment gets upgraded periodically and your shop or business premises look inviting to both existing and potential customers.
Successfully running a small business in the service sector entails staying well ahead of the competition. You also have to make sure you give your customers enough incentive to keep coming back to you, so that they are not poached by other businesses. Quality and consistency are key to delivering services that make for loyal customers. So make sure that your equipment, premises and staff are up to date with the latest demands and trends in your industry. A business loan for the service industry can help you ensure that your staff gets paid on time, your equipment gets upgraded periodically and your shop or business premises look inviting to both existing and potential customers.
Frequently asked questions
VIEW ALLHow do I apply for a loan for a service sector business?
You can check whether you are eligible for a loan by taking the 1-minute eligibility check via myKinara app. If eligible, our Kinara loan officer will get in touch with a confirmation of your loan application and guide you through the rest of the process.
What paperwork and KYC process is involved?
Kinara offers the flexibility to substitute certain documents for others, subject to availability. The basic requirement is your PAN. Other than that, you will be required to provide certain personal and business details and documents to complete the KYC process. Some documents that would be required are your Udyam registration number, Business registration proof, GST certificate and 12 months’ bank statements.
Do I have to provide any security or collateral against the loan?
No. Kinara Capital provides collateral-free business loans for services businesses. We just need to check your eligibility and documents. If everything is in place, you can proceed with the loan approval and disbursal process with no collateral needed.