business loan for sole proprietorship

Sole Proprietor Loan

for Business

Loan up to 1 Cr | Low Interest Rates | Quick Disbursal | Easy to Apply

A sole proprietorship is one of the most common forms of self-employment in India. It is an unincorporated business entity owned and managed by a single individual. Examples of such businesses include small traders, kirana shops, medical stores, travel agents, artisans, and more.

To support business growth for sole proprietors, Capitalneed.com, a leading fintech platform, helps connect business owners with top banks and NBFCs to access unsecured Business Loans for Proprietorship at competitive interest rates. These loans are collateral-free and come with several advantages like flexible repayment tenures, minimal documentation, and fast disbursal—making it easier for you to invest in and expand your business seamlessly.Apply now!

The Proprietorship Business Finance can be used to meet various business-related expenses. Some of the common reasons for which you can take a Business Loan for Proprietorship include:

  • Maintaining a healthy cash flow
  • Renting, purchasing, or renovating business premises
  • Upgrading business equipment and infrastructure
  • Expansion or diversification of business
  • Procuring inventory
  • Hiring and training of staff
  • Paying overhead costs
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Calculate
  • EMI Amount = *
Types of Fees Applicable Charges
Rate of Interest 14.50% p.a.*
Processing Fees Depends on Profile
Loan Amount ₹5 Lakh to ₹1 Cr
Loan Tenure 12 to 48 months

With Capitalneed.com, you can apply for a quick and hassle-free loan for your business. All you need to do is fulfil some basic eligibility guidelines.

Below are our eligibility criteria for Proprietorship Loans:

Age Requirement

Age

Between 24 and 65 years

Citizenship Status

Nationality

Indian

Work Experience Required

Business Vintage

At least one years

Monthly Salary Required

Business turnover

₹30 Lakh or more

Please note that the above-mentioned eligibility criteria are indicative in nature. Additional information may be required by our team during loan processing as per policy.

Lengthy, unending paperwork can dampen your overall borrowing experience. With Capitalneed.com, you can get a Business Loan with minimal documentation.

Here’s a list of required documents to apply for our Business Loan for Proprietorship:

  • Income Proof

    Address Proof (PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport)

  • Address Proof

    Address proof for the place of business (Rent agreement/Electricity and water bills, etc)

  • Financial Documents

    Financial documents (Six months Bank Statement)

Note: This list of documents is indicative. We may ask for some additional documents during loan processing.

By availing of a Capitalneed.com Business Loan for Proprietorship, you can take your business to great heights. Our loans are customizable to suit the specific needs of every business owner.

  • Easy online application

    Easy online application

  • Simple eligibility criteria

    No collateral required

  • Unsecured loan option with no collateral

    Competitive interest rates

  • High loan amount of up to ₹1 Cr

    Transparent loan terms

  • Low interest rates

    Simple eligibility criteria

  • Flexible repayment tenure option

    High loan amount of up to ₹1 Cr

  • Transparent loan disbursal process

    Flexible repayment tenure of up to 48 months

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