Anuj Pandey en Loans and Mortgages, Finance, Finance / Banking 30/5/2018 · 2 min de lectura · +100

How to Expand Your Business in Indore with Bajaj Finserv?

When it comes to starting or running a business, one has to take into account a number of factors, which largely determine the feasibility of any business. Amongst these factors, the city plays an instrumental role in the overall success of any business. Indore undoubtedly is a great choice when it comes to setting up a business, be it Indore’ s potential with food, or the booming of IT industries in the city. Besides, the fact that it houses prestigious institutions like the IITs and the IIMs, thus ushering in students from various fields, also makes it conducive for businesses of varied types.

Also, studies and surveys have revealed that the nature of market in Indore is highly dynamic. All kinds of brands have survived as well as flourished here-be it inexpensive local brands or the renowned international ones. The industrial capital of Madhya Pradesh, Pithampur, is in close proximity to Indore. It hosts umpteen number of factories and industries, thus facilitating the easy availability of raw materials for many industries at reasonable rates in Indore.

Also, when compared to cities like Delhi, Mumbai, Ahmedabad, or Bangalore, the market of Indore is much more economical, which in turn, bolsters the purchasing power of the common man significantly. Also, a major section of Indore’s population comprises energetic youth with high aspirations, which together constitute a giant workforce. Last but not the least, the new terminal of Devi Ahilyabai Holkar Airport in Indore has provided a roaring response to the hospitality industry. With one industry gaining such a boost, it naturally is followed by other industries enjoying its positive impact.

How to Expand Your Business in Indore with Bajaj Finserv?

When it comes to expanding your business in Indore, Bajaj Finserv can prove to be of great help. It offers customized quick business loans for your unique needs-

  • Working capital loans: you can maintain a healthy capital flow with this. Your business will be free of any financial hurdles, thanks to this advantageous Bajaj Finserv business loan in Indore

  • Machinery loans: this will aid you in installing or upgrading to the latest plant and machinery or equipment. You can thus meet bulk order smoothly.

  • SME and MSME loans: Small and medium enterprises can now expand their operations and scale in a smooth and hassle-free manner, thanks to these loans by Bajaj Finserv.

  • Business loans for women: This product has been exclusively designed for women entrepreneurs, offering finance up to Rs. 30 lakh to satisfy their growing business needs.

A business loan in Indore from Bajaj Finserv can be used for the following purposes:

  • Increasing your business cash flow

  • Leasing bigger office premises

  • Renovation of your office

  • Purchase, lease, or repair of machinery and equipment

  • Upgrading to the latest technology

  • Stocking up on inventory

  • Hiring seasonal employees

  • Purchasing raw material for bulk orders

  • Expansion to another city

  • Scaling up operations and taking on bigger projects and much more.

If you are in need of easy and quick finance up to Rs. 30 lakh, Bajaj Finserv’s business loan is the best bet. The low business loan rates is the major attraction, while the fast and hassle-free disbursal is the icing on the cake. Be it short-term loans, intermediate-term loans, or long-term loans, Bajaj Finserv is at your service with the perfect financing solution.

Besides, it is accompanied by the Flexi-Loan facility, according to which, you can withdraw only what you need and repay funds as per your business cash flow at zero prepayment charges. Only the interest has to be paid as EMIs, and the principal can be repaid at the end of the tenor. These hassle-free unsecured small business loans are approved in under 24 hours. The eligibility criteria and can be applied for with just 2documents. What’s more, this business loan is collateral-free, which means that you won’t have to put your personal or business assets on the line to qualify for financing. Consequently, there is no requirement for appraisal of the value of your assets.