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 3000+ pincodes and 300+ sectors.
Get your loan in 24 hours
Minimal and flexible documentation process
Doorstep customer service to help you from start to finish
Collateral-free MSME Loans
We provide doorstep customer service in Coimbatore and our loan process requires minimum documentation. Our fully digital process can provide you a loan within 24-hours.
12 to 60 months
21% to 30% p.aOn a reducing rate basis
Unsecured business loan in Coimbatore
Coimbatore or Covai is one of the major metros in TamilNadu. The state has an extensive textile industry, and has even been dubbed the ‘Manchester of India’, because Manchester was once the international centre of the world's cotton industry. A range of small manufacturing industries related to cotton and cotton products have emerged in Coimbatore over time. But aside from textiles, Coimbatore also houses manufacturing industries that cater to the engineering sector. Overall, there are over 25,000 small, medium and large industries in the city. But even with such a large crop of MSMEs, traditional lenders in Coimbatore are likely to be averse to lending to small businesses without property collateral. In such circumstances, small business entrepreneurs can rely on Kinara Capital, which provides unsecured business loans in Coimbatore.
Business Loans in Tamil Nadu
Tamil Nadu is the fourth largest state in India, and is best known from its gopuram temples, cuisine and Carnatic music. But the state also has and is well-developed infrastructure and industry, with adequate roadways and ports to support them. Tmail Nadu has a diversified manufacturing sector and ranks among the leaders in industries like automobiles and auto component manufacturing, engineering, pharmaceuticals, paper, fertilizers, cement, garment and textile manufacturing, leather products manufacturing, chemicals, plastics, etc. While there are many large corporations that are based in the state, Tamil Nadu is also home to small businesses, there are also plenty of small businesses engaged in manufacturing, trading and services. To cater to these MSMEs, Kinara Capital offers collateral-free business loans in Tamil Nadu.
How to get a business loan in Coimbatore?
If you are a small business entrepreneur looking to expand their business, you know the importance of having capital readily available.But this is often a challenge because banks refuse to lend to small businesses without property collateral. If your small business is based in Coimbatore, you can approach Kinara Capital for a loan instead. All you have to do to get MSME loans in Coimbatore. 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.
Unsecured Business Loans for MSMEs
Access to capital is a challenge for MSMEs. With a flexible and digital application process, Kinara Capital can provide collateral-free MSME loans in just 24-hours. Multi-lingual support is available throughout the process with doorstep customer service. We provide SME loans to 300+ sectors, across 90+ cities and 3,000 pin codes. Small businesses can avail of our loans to meet a range of business expenses and to expand their operations. Business owners can apply for MSME Loan starting with a quick 1-minute eligibility check.
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!
ASK Three Star Steels
“We got the funding from Kinara to install a powder coating unit. This improved our product and tripled our turnover from Rs. 1 crore to Rs. 3 crores in a year.”
Tamilselvi Appalam Company Tamil Nadu
“My business has been going very well since I got the loans from Kinara Capital. I have even increased the number of workers from 8 to 18.”
“Nobody was interested in giving us a loan in the early stages of the business except for Kinara. With the loan, we bought an imported machine, which helped us get new buyers and exporters and establish ourselves in our field.”
How to apply for a business loan in Coimbatore?
Is Kinara Capital a bank?
Kinara capital is not a bank. It is a non-banking financial company (NBFC). While you can get a loan from the company, you cannot hold an account to make deposits like you can in a bank.
What is the eligibility criteria for an unsecured business loan in Coimbatore?
The eligibility check is based on the vintage of your business (2 years), if turnover is above Rs. 50k and present in one of Kinara’s serviceable pin codes and sectors.
What are the documents required for availing MSME loans?
We would need some personal and business documents to complete the KYC process for MSME finance. Some documents required are Aadhaar Card, Udyam registration number, business registration proof, bank statements (12 months’).
Is Kinara Capital registered with/regulated by the RBI?
Like all NBFCs, Kinara Capital is regulated by the Reserve Bank of India (RBI) under the Reserve Bank of India Act. The RBI recognizes Kinara Capital as a Systemically Important NBFC.