Tradeindia's official blog for business tips and SMEs Insights

For fast, flexible and collateral free business loans, choose TI-Lending


Business loans act as a backbone for a business enterprise and this is particularly true for small and medium business enterprises. Unfortunately, financial institutions in our country are very reluctant to lend to small and medium businesses, especially startups, as it is a riskier proposition for banks than mortgage lending or lending to larger, financially stable and more established businesses.

Moreover, the costs for evaluating, verifying, and processing of a small loan is almost the same as for a larger loan. So, financial institutions can increase their profits by focusing more on larger loans to bigger organizations. Most banks also ask for collateral as a security for the loan. You would also have to make sure that your paperwork- from financial documents to your business plan is in order to avail a loan.

If you have started to think that establishing a small business by getting a small-business loan is absolutely impossible. Fret no more! We have a solution to all your funding needs sans the pressure. Keep reading to know more.

Tradeindia, India’s largest B2B platform has recently launched TI Lending – a fast, flexible and collateral free lending service to provide short term working capital to small and medium enterprises to finance not only their operational needs but also their business expansion.

TI-Lending is offering a wide loan range with a flexible repayment structure through dependable & trusted partners. The loans that are presently being offered are :

Business Term Loan

  • Short Term Loans – Loans of INR 5 Lakhs – 50 Lakhs with EMIs from 12- 36 months.

  • Ultra Short Term Loans – Loans of INR 1 lakh – 5 Lakhs with EMIs from 1-12 months.

Eligibility criteria for availing business term loan

  • Your business should be up and running for minimum of 3 years.
  • The annual turnover has to be more than 50 Lakhs to get a loan up to 5 Lakhs. To get a loan amount of more than 5 Lakhs, your company’s annual turnover should be more than 2 Crores.
  • You need to maintain a CIBIL score of more than 650.

Documents for verification

  • Once the lending partner is finalized and the loan amount is discussed, you need to hand over the following documents to the loan agent to proceed further.
  • VAT Returns+GST Returns.
  • Bank statements for the last 6 months.
  • KYC documents of the applicant and the organization.
  • Loans or overdraft sanction letters (if any).
  • Debtors+Creditors+Stock statements.
  • Complete 2-year financial set (For loans>15 Lakhs).

Benefits of availing business term loan from TI-Lending

Best Fit

No hassle of calls from multiple agents. A single lending partner would be identified for you who can best fulfill your requirement.

Quick Disbursal
You no longer have to wait for months for your loan. Within 7 business days of document collection, the loan amount will be credited to your account. With the criteria of eligibility being fairly relaxed without any collateral, SMEs can now avail easy loan in no time. This lending service is definitely the best for businesses that are in a bottleneck situation.

Collateral Free Loan
Partners working with Ti-lending provide completely collateral free business loans, which means that you need to pledge any sort of security deposit, personal assets or business assets as collateral against securing the loan.

Export Bill Discounting for Indian Exporters

TI Lending is also offering short term financing solution for Indian exporters, provided completely collateral free through lending partners.

Benefits of  Export Bill Discounting

  • Upfront Finance: Upto 80% of the invoice value upon shipment.
  • Credit limit upto $2.5 Million.
  • Interest rate as low as 4.5% per annum.
  • Credit Risk Assessment: Strong insights on overseas buyer credit risk.
  • Be competitive by offering flexible open account payment terms to your buyers while still getting paid upon shipment.

Eligibility for availing Export Bill Discounting

  • Export turnover for last 36 months to be greater than $300,000 (Rs 2 Cr).
  • Track record of at least 15 shipments.
  • No sensitive or perishable goods.

Watch the video

Business Loans

Tags: , , , , , , ,


If you enjoyed this article, subscribe now to receive more just like it.

There Are 4 Brilliant Comments

Trackback URL | Comments RSS Feed

  1. Manik says:

    Hi, I do think this is an excellent site. I
    stumbled upon it 😉 I’m going to revisit once again since I bookmarked it.

  2. Ashish says:

    I very much agree with the article. Most of the time financial institutions are not ready to lend to small and medium businesses, especially startups, as they find it riskier. I went through similar issue when I was looking for a loan for my start up. Later, I received Instant business loan online with submission of just a few documents and no hassle of calls from multiple agents. All this was possible because of LendingKart’s timely and efficient services. I received loan for my business quickly with no fear of any asset loss.

  3. Nia says:

    Simply wish to say your article is amazing. Must say, you are an expert.

  4. Vinnie says:

    I am glad to be a visitor of this pure blog, thank you for this rare info!

Post a Comment

Your email address will not be published. Required fields are marked *

Tradeindia's Official Blog for Business Tips and SMEs Insights

© 2021 All rights reserved.