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Business Loans in Vizag

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Kinara Capital is an RBI registered company

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.

Quick process

Fast

Get your loan in 24 hours

Quick process

Flexible

Minimal and flexible documentation process

Quick 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.

  • Tenure

    12 to 60 months

  • Rates

    21% to 30% p.aOn a reducing rate basis

  • 1-30 lakhs

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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.

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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.

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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.

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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.

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
K. Appa Rao
Hema Electronics

“With four loans from Kinara, I was able to keep my business running smoothly, and grow in leaps and bounds. Now I’m helping others by creating jobs.”

Anupama Chenna
Anupama Chenna
Sri Padmavathi Enterprises Gajuwaka

“Since we got our first loan from Kinara, our business has improved significantly and our turnover has increased to Rs. 15 lakh from just Rs. 1-2 lakhs in 8 months.”

Vishwanathan
Vishwanathan
Sri Sai Candles

“Small factories like ours simply can't get a loan from banks. But with Kinara Capital, you don’t even have to go anywhere, they come to you!”

Frequently Asked Questions

FAQ

  1. How to apply for a business loan in Vizag?

    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.

  2. 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.

  3. What is the eligibility criteria for an unsecured business loan in Vizag?

    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.

  4. Which sectors are covered by MSME loans?

    300+ sectors in the manufacturing, service and trading sector are eligible to apply for an MSME business loan. We provide unsecured business loans in less than 24 hours. Check your eligibility to see if you qualify.

  5. 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.

Collateral-free business loans in 24-hours!

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