Need money for your business, but do not want to give property as security? An unsecured business loan does not need property or a guarantee. We help you apply the right way, online or in person. The lender gives the final approval.
SECURITY
None needed
No property and no guarantee.
LOAN AMOUNT
Based on your business
Your sales, credit record and the lender’s rules decide.
INTEREST RATE
Based on your profile
We explain the rate before you apply.
HOW TO APPLY
Online or in person
Visit our Kandivali West office.
OVERVIEW
An unsecured business loan is a loan where you do not give property or any other asset as security. The lender looks at your credit score, your business income and how you have repaid loans before.
This kind of loan suits small business owners, startups and small and medium businesses in Mumbai. You can use it for daily costs, stock, machines, marketing or growth. You repay it in monthly payments called EMIs.
You can apply online or visit our office. We keep the papers simple and guide you at every step. The lender checks your application and gives the final approval.
An unsecured business loan can help you
OUR MUMBAI OFFICE
Our Mumbai office
OUR MUMBAI OFFICE
OUR MUMBAI PARTNERS
Apply online, or come to our office. We will tell you which lenders may fit your business.
BENEFITS
It keeps your assets safe and the process simple.
You do not have to give property or any other asset. You also do not need a guarantee.
You can apply with basic ID, bank statements and tax records.
Pick monthly payments that fit your business money flow.
Introduce them to us. We will guide them to the right lender.
ELIGIBILITY
Self-employed people, business owners and companies in Mumbai can apply. Each lender has its own rules.
What do lenders check?
Without security, lenders rely on your business record and your credit history.
You need money to pay suppliers, salaries and bills. Lenders check how steady your sales are. Each lender has its own rules. We find the one that fits.
Bank statements
Last 3 months
Tax records
Income tax returns for 3 years
Proof of work
Business activity proof
Credit record
A stable history
You want to open a new place, hire people or reach new customers. Lenders check your sales and your plan. Each lender has its own rules. We find the one that fits.
Bank statements
Last 3 months
Tax records
Income tax returns for 3 years
Plan
What you will spend and why
Credit record
A stable history
You want to buy equipment or pay for advertising. Lenders check how it will help your business earn. Each lender has its own rules. We find the one that fits.
Bank statements
Last 3 months
Tax records
Income tax returns for 3 years
Quote or plan
Cost of the machine or campaign
Credit record
A stable history
Work out your EMI and get the exact list of papers lenders ask for.
For planning only. Your lender confirms the final EMI.
RATES, FEES AND CHARGES
Costs depend on the lender and your business. We show every charge before you apply.
Item
Typical
Notes
Interest rate
Set by the lender
Based on your credit score and business income
Security
None
No property or guarantee needed
Processing fee
Set by the lender
We tell you the exact fee upfront
Repayment
Monthly EMIs
Pick a time that fits your cash flow
Paying off early
Set by the lender
Ask about any fee before you sign
BEFORE YOU APPLY
With no security, your records matter most.
Lenders read your bank statements closely.
Have your last three years ready.
A stable history helps your case.
A clear reason shows you have a plan.
Ask for the right amount
Choose an amount your business can repay.
Do not apply to many lenders at once.
RELATED LOANS
Want a different kind of loan? See these options.
How we work
At every step you know what is happening, who is handling it and what you get at the end of it.
01
We review your income, credit history, property and existing loans, and tell you honestly what is possible.
who
You + your advisor
You get
A clear view of what is possible
02
We shortlist the banks and NBFCs whose policies fit your profile, so you apply where approval is likely.
who
You + your advisor
You get
A clear view of what is possible
03
We give you one checklist, collect the papers and check them before the lender sees your file.
who
You + your advisor
You get
A clear view of what is possible
04
We present your case to the chosen lender and handle their questions on your behalf.
who
You + your advisor
You get
A clear view of what is possible
05
We compare the sanction terms and negotiate rate, fees and conditions where possible.
who
You + your advisor
You get
A clear view of what is possible
We follow up on legal, valuation and agreement steps until the money reaches you.
who
You + your advisor
You get
A clear view of what is possible
CASE STUDY
From a client’s own words on our website.
WORKING CAPITAL ENHANCEMENT
A Mumbai-based engineering components manufacturer with ₹60 Cr turnover and 12 years in business. Its existing ₹4 Cr cash credit limit no longer matches its order book.
Our approach: assess the working capital need from audited financials, the stock and debtor cycle, and the order pipeline. Then propose increasing the limit to ₹8 Cr, backed by stock and book debts, with the factory land and building as additional security.
Client
Engineering manufacturer, Mumbai
Turnover
₹60 Cr
Structure
Cash credit enhancement (₹4 Cr → ₹8 Cr)
Security
Factory land & building, valued ~₹12 Cr
An unsecured business loan is financing that does not require any collateral. You qualify based on your credit score, business income, and repayment history instead of pledging property or assets.
Any self-employed individual, entrepreneur, MSME owner, or private limited company with a stable income and a minimum of 2 years of business operation can apply. Most lenders also require a good credit score.
Depending on your business turnover, credit history, and lender policies, you can typically get up to lakhs as an unsecured business loan in Mumbai. Some lenders may offer higher amounts for established businesses with strong financials.
Yes, the loan amount can be used for various business needs such as managing working capital, purchasing inventory or machinery, expanding your business, marketing, or paying suppliers.
You can easily apply online through Nihal Fintech’s website or visit our Mumbai branch. Simply fill out the application form, upload your documents, and our team will guide you through the quick approval process.
Share a few details and an advisor will call you to check feasibility. Or call us on +91 77009 44833.
