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March 14, 2021
Unsecured business loans: Quickest and easiest way to finance the MSMEs
    • March 14, 2021
    • By Team Kinara
    • < 1 mins read
    Business Loans

    Until a few years ago, it was difficult for small business owners to secure loans for their companies. Due to various factors such as lack of property collateral, banks would deny them loans. This became a huge barrier to the growth and expansion of small businesses. As a result, many small-scale companies failed due to a lack of funding. As a solution to this, we offer unsecured business loans. These are the quickest and easiest loans that are available to MSMEs today.

    What is an unsecured business loan?

    With the increase in the formation of small businesses, NBFCs such as Kinara Capital are offering unsecured business loans. These are the kind of loans that are readily accessible to small scale business owners. It helps them boost the growth of their company in the initial stages. Unsecured business loans are normal term loans but the only difference is that they require no collateral to avail these loans.

    Grow your business with collateral-free business loans

    Benefits of an unsecured business loan

    Small business owners and MSMEs can benefit from these loans in innumerable ways. These loans are versatile and easily accessible to all. Here are some benefits of an unsecured business loan.

    1. Adequate working capital

    When you get an unsecured business loan, you can use it to maintain a positive cash flow. You can utilize the loans in funding your everyday capital requirements. This would ease the flow of resources and make operations run smoothly, thus increasing returns

    2. Fuels company growth and expansion

    If you want to grow and market your company further, funds are a necessity. Unsecured business loans are a great way to fund the expansion of your business into more categories.

    3. Fast and flexible loans

    These unsecured business loans can be procured without any delays within 24-hours. They are also extremely flexible and can be used to cover any expense related to the business, which allows for personalization and proper usage of funds.

    4. Maintenance of credit score

    Taking an unsecured loan for your business can benefit your credit score as well. This is because Kinara Capital doesn’t just look at your credit score before giving loans. Instead, we rely on other factors and help build credit scores with the loan, by making repayment easy through manageable EMIs

    Unsecured business loans by Kinara Capital

    Kinara Capital is a Non-Banking Financial Company (NBFC) that provides unsecured business loans to small business owners. There are several categories of loan like asset purchase and working capital. Kinara Capital also offers a scheme for women entrepreneurs called HerVikas. This scheme offers women entrepreneurs a discount on the loan they procure for their business. Their goal is to support and motivate business owners who require funding to kick start their projects.

    35,000+ customers have benefitted from Kinara’s loans. They have helped grow many businesses and take them to the next level.

    "Since we got our first loan from Kinara Capital, our business has improved significantly, and our turnover has increased to Rs. 15 lakh from just Rs. 1-2 lakhs in 8 months".
    Many small business owners are making their dreams come true just by taking a small step towards their company's growth. Unsecured business loans are helping the state of small businesses immensely all over the country. So don’t wait. Expand your businesses with the help of Kinara Capital today!

    Anupama Chenna

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    Written by
    Team Kinara
    • Tags
    • Instant business loans
    • Unsecured loan
    • MSME loans
    • Working Capital Financing