Retail Business Loan
From re-filling stocks and paying staff salaries to business expansion, retail businesses often require timely access to funds to manage daily operations efficiently. A delay or inability to secure financing at the right moment—especially during a cash crunch—can significantly disrupt operations and growth.
Capitalneed.com, a trusted fintech platform, helps retail shop owners connect with leading banks and NBFCs to access Business Loans for Retail Shops. These loans are tailored to meet short-term financial needs quickly and conveniently. With competitive interest rates, a flexible repayment schedule, quick approvals
Reasons for Taking Business Loan for Retail Shops
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Expanding business to a new location
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Purchasing inventory
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Revamping the store
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Renovating the shop
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Buying new furniture
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Meeting expenses such as rent, staff salary, etc.
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Marketing and Advertising
Retail Business Loan EMI Calculator
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EMI Amount = *
Retail Business Loan Interest Rates
| Types of fee | Applicable Charges |
| Rate of interest | 14.50% p.a.* |
| Processing fees | Depends on Profile |
| Loan Amount | ₹5 lakh to ₹1 Cr |
| Loan Tenure | 12 - 48 months |
Retail Shop Loan Eligibility Criteria
Our eligibility criteria for a Business Loan for Retail Shop are simple. Some of the conditions are as follows-
Age
Citizenship
Business in operation
Business turnover
- Age: Between 22 and 57 years.
- Citizenship: The applicant must be an Indian citizen.
- Business in operation: Have a business in operation for a minimum of 1 years.
- Business turnover: Business turnover should be ₹30 lakh or more.
Do note the above-mentioned eligibility criteria is indicative. Additional criteria may be considered during loan processing.
Documents needed for a Retail Shop Business Loan
Our motto is to facilitate retail shop owners with quick and easy finance. Therefore, you need to submit minimal documents as listed below:
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Address Proof (PAN Card/Aadhaar Card/Voter ID/Driving Licence/Passport)
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Address Proof for the place of business (Rent agreement/ Electricity, water bills, etc)
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Financial documents (Six months Bank Statement)
- Proprietor/ Partner / Director PAN Card/ Company PAN Card
- Address Proof (Voter ID/ Aadhaar/ Passport)
- Address Proof for the place of business (Rent agreement/ Electricity, water bills, etc)
- Financial documents (Six months Bank Statement)
This is an indicative list. There may be a requirement for additional documents at the time of loan processing.
Features and Benefits of Loan for Retail Shop
Capitalneed.com aims to help retail businesses in India flourish with distinct features that can benefit retail business owners in the following ways:
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Up to ₹1 Cr in Business Loans
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Collateral-free loan
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Competitive interest rate
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Flexible loan tenure up to 48 months
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Minimum processing fees
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Simple eligibility criteria
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Quick approval and fast disbursals
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Foreclosure fees
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No hidden charges
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Apply online or offline
Up to ₹1 Cr in Business Loans
You can quickly get a loan of up to ₹1 Cr to boost your retail business.
Collateral-free loan
Capitalneed.com Business Loan for Retail Shop is an unsecured loan. This implies that you do not need to pledge any assets to get the loan.
Simple eligibility criteria
Our Retail Business Loan offers easy to meet eligibilty criteria to help retail businesses grow rapidly.
Quick approval and fast disbursals
Time is of the essence for retail businesses. Our minimal document requirements ensure quick approval and disbursals.
Competitive interest rates
Starting from 14.50%, our interest rates are truly competitive in the market.
Flexible loan tenure up to 48 months
You can plan your repayment based on your convenience with our flexible loan tenures.
No hidden charges
We believe in being completely transparent and thus do not levy any hidden fees or charges.
Apply online or offline
Apply from the convenience of your home/shop or reach out to your nearest branch today.
