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Small Business Loan in Hyderabad

The city of the Nizams is bustling with new business ventures, giving Bangalore stiff competition as the IT hub of India. But, the traditional financing system has faced challenges in catering to the working capital needs of local SMEs. Capital Float, India’s leading digital lender to SMEs, offers customized unsecured business loans that address the needs of SMEs in Hyderabad.

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Loan Amount

₹5 lakhs - ₹50 lakhs

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Credit Criteria

Customized credit underwriting

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Loan Tenure

1-3 years

HOW IT WORKS
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APPLY

Apply anytime, from anywhere in just 10 minutes for Unsecured Business Loans in Hyderabad.

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Upload

Digitally upload scanned copies of the required documents.

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Avail

Backed by cutting-edge technology, we disburse the loan amount in just 3 days.

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Repay

Choose from our easy and flexible repayment options.

...
APPLY

Apply anytime, from anywhere in just 10 minutes for Unsecured Business Loans in Hyderabad.

...
Upload

Digitally upload scanned copies of the required documents.

...
Avail

Backed by cutting-edge technology, we disburse the loan amount in just 3 days.

...
Repay

Choose from our easy and flexible repayment options.

BENEFITS

We understand that no single loan product can address the needs of every type of business. There are several SMEs catering to a wide variety of industries in Hyderabad. So, we’ve created customized loans for different cash flow and credit needs. The benefits of availing of our loans include:

  • Simple online application
  • No collateral required
  • Loan amount in 3 days
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TESTIMONIALS
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Vinod
Manufacturer of fiber optic products

Advanced Fibre Solutions

Business has grown by 45% after working with Capital Float and we have added more customers. They have been supporting us in an honest manner. The best thing is that everything is system driven and convenient. Everything gets done through the app.

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Shankar
Distributor of air conditioners

Sri Sathya Sai Marketings

It was difficult to get unsecured loans from banks. But, the Capital Float experience was very good. They took all my information online and I got my funds within 4 days. The interest rates were also much lower than compared to other banks.

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John Doe

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer.

INTEREST RATE, FEES AND EMI CALCULATOR

We believe in complete transparency. There are no hidden charges involved; a minimal processing fee of 2% of the loan amount is charged to the customer. The interest rate starts at a competitive 15% and is decided on a case-to-case basis. EMIs for various loan amounts can be evaluated using our EMI calculator.

Interest range 15%-24%

* Flat

Processing Fee of up to 2%

Low prepayment charges

Flexible repayment

EMI Calculator

Loan Amount

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Your EMI

₹ 0

ELIGIBILITY
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Business History

A registered business with an operational history of 3 years or more

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Financials

Annual business turnover of over ₹1 crore

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GST

GST returns of your business for the last 6 months

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Bank Statements

Business banking account statements of the last 6 months

FREQUENTLY ASKED QUESTIONS

At Capital Float, we understand the difficulties Hyderabad-based SMEs face in acquiring financing from traditional lenders. We also know that no single type of business loan can meet the needs of every type of enterprise. This is why we have designed a variety of different loan products, tailored to different industries, types of business, cash flow and credit needs. If you are looking for unsecured small business loans in Hyderabad, choose Capital Float’s collateral-free loans because they offer:

  • Easy online application process – No need for multiple visits to the bank or standing in long queues
  • Loan amount ranging from as little as ₹1 lakh to as much as ₹50 lakhs, depending on the type of unsecured business loan you choose in Hyderabad
  • Minimal paperwork
  • Customized credit underwriting criteria to meet the unique needs of different types of SMEs
  • Flexible repayment with loan tenures ranging from 6 months to 3 years, depending on the loan product
  • Low prepayment charges
  • Funds in 3 days

The eligibility criteria differ according to the small business loan product you choose. We’ve kept the criteria at a minimum to make the loan accessible to most SMEs in Hyderabad. Here’s a quick look at the eligibility criteria.

Term finance: 

  • Registered business with an operational history of 3 years or more
  • Annual business turnover of over ₹1 crore
  • GST returns for the last 6 months
  • Business banking accounts of the last 6 months

 

Loans against card swipes:

  • GST registered business with an operational history of at least one year
  • Annual turnover of at least ₹20 lakhs
  • Minimum monthly card volume of ₹2 lakhs
  • Minimum card acceptance vintage of 6 months

Our customized, collateral-free credit solutions ensure that you aren’t burdened by any part of the loan process; from application to repayment. This is why we only need basic business documentation such as: 

Term finance: 

  • GST returns for the last 6 months
  • Income tax returns for the last two years
  • KYC documents of the business entity and the business owner/s
  • Business bank statements for the last six months
  • Loans or overdraft sanction letters (if any)

Loans against card swipes:

  • Bank statements reflecting card settlements for the last 6 months
  • GST returns for the 6 months prior to loan application
  • Your and your promoter’s KYC documents.
  • Audited financial statements for large loan amounts

The best part is that you don’t need to go anywhere to deliver hard copies. All we need at the time of application are scanned copies of the documents, which can be uploaded along with the completed application form.