RiseUp

Flat No.218, Model House, Punjagutta, Hyderabad 10am to 6pm, Sunday Holiday
Flexible Financing Solutions

Unsecured Business Loans

Grow Your Business Without Collateral

Access the capital you need to expand your business operations, manage cash flow, or invest in growth opportunities. Our unsecured business loans provide flexible financing without the need for collateral.

Unsecured Business Loans

Up to 500 Cr

Loan amounts based on your business needs

Quick Approval

Fast processing within 48 hours

Competitive Rates

Starting from 12% per annum

What is an Unsecured Business Loan?

Understanding the fundamentals of unsecured financing

An unsecured business loan is a type of financing that doesn't require any collateral or security. Unlike secured loans that use assets like property or equipment as backing, unsecured loans are approved based on your business's creditworthiness, revenue, and overall financial health.

These loans are ideal for businesses that need quick access to capital without tying up valuable assets. They're commonly used for working capital, equipment purchases, expansion, or debt consolidation.

Unsecured Business Loan Concept

No Collateral Required

No need to pledge business assets or personal property as security

Flexible Usage

Use funds for any legitimate business purpose without restrictions

Quick Access

Faster approval process compared to secured loan alternatives

Preserve Assets

Keep your business assets free for other operational uses

Competitive Rates

Attractive interest rates starting from competitive market levels

Minimal Documentation

Simple application process with basic business documents required

Benefits of Unsecured Business Loans

Why choose unsecured financing for your business

Fast Approval & Disbursement

Get funds in your account within 48-72 hours of approval, ensuring you can seize business opportunities quickly.

Flexible Repayment

Choose repayment tenures from 12 to 60 months, with options for bullet payments or EMI structures.

Business Growth

Invest in marketing, inventory, or expansion without diluting ownership or pledging valuable assets.

No Asset Risk

Protect your business assets from repossession risks that come with secured loans.

Minimal Documentation

Streamlined application process with basic financial documents and credit history verification.

Competitive Interest Rates

Attractive rates starting from 12% per annum, depending on your credit profile and business performance.

Eligibility Criteria

Who can apply for unsecured business loans

Business Requirements

  • Minimum 2 years in business operation
  • Annual turnover of ₹10 lakhs or more
  • Registered business entity (Proprietorship, Partnership, Pvt Ltd, etc.)
  • Positive credit history with CIBIL score above 650

Owner Requirements

  • Age between 21-65 years
  • Indian citizenship with valid PAN and Aadhaar
  • Stable residential address
  • Clean credit record

Financial Requirements

  • Consistent revenue generation
  • Bank account with regular transactions
  • GST registration (preferred)
  • ITR filing for last 2 years

How It Works

Simple 4-step process to get your unsecured business loan

1

Apply Online

Fill out our simple online application form with basic business and personal details.

2

Document Verification

Submit required documents for verification and credit assessment.

3

Loan Approval

Receive loan approval within 48 hours based on your creditworthiness.

4

Fund Disbursement

Get funds transferred directly to your business bank account.

Documents Required

Prepare these documents for a smooth application process

Business Documents

  • Business registration certificate
  • PAN card of the business
  • GST certificate (if applicable)
  • Last 2 years' financial statements
  • Bank statements for last 6 months

Personal Documents

  • PAN card and Aadhaar card
  • Passport-size photographs
  • Address proof (utility bill, etc.)
  • Identity proof (voter ID, driving license)

Financial Documents

  • ITR for last 2 years
  • Profit & Loss account
  • Balance sheet
  • CIBIL report

Unsecured Business Loan EMI Calculator

Calculate your monthly EMI and plan your unsecured business loan repayment schedule

Monthly EMI

₹0
Total Amount Payable: ₹0
Total Interest: ₹0

Frequently Asked Questions

Everything you need to know about unsecured business loans

What is the maximum loan amount I can get?

You can apply for unsecured business loans up to ₹500 crores, depending on your business turnover, credit score, and repayment capacity. The loan amount is determined after a thorough assessment of your financial statements and business performance.

How long does it take to get loan approval?

Most applications are processed within 48 hours of submitting all required documents and completing the verification process. However, complex cases may take up to 72 hours for final approval.

What are the interest rates for unsecured business loans?

Interest rates typically range from 12% to 24% per annum, depending on your credit score, business vintage, and financial health. Better credit profiles and established businesses may qualify for lower rates.

Do I need collateral for an unsecured business loan?

No, unsecured business loans do not require any collateral or security. Approval is based on your business's creditworthiness, revenue generation, and overall financial stability rather than assets.

Can startups apply for unsecured business loans?

Yes, startups can apply if they have been operational for at least 2 years and demonstrate consistent revenue generation. We evaluate each application based on business potential and financial projections.

What is the minimum loan amount available?

The minimum loan amount starts from ₹1 lakh, making it accessible for small businesses. However, this may vary based on your business requirements and our assessment criteria.

What is the loan tenure for unsecured business loans?

Loan tenures range from 12 to 60 months, giving you flexibility to choose repayment periods that align with your cash flow. Longer tenures mean lower EMIs but higher total interest cost.

Can I prepay my loan?

Yes, most unsecured business loans allow prepayment with minimal or no prepayment charges, depending on the lender's policy. Early repayment can help you save on interest costs.

What happens if I miss a payment?

Missing payments can affect your credit score and may incur late payment charges. Contact us immediately if you're facing payment difficulties, and we'll work with you to find a suitable solution.

Can I apply for an unsecured business loan online?

Yes, our application process is completely online. You can submit your application, upload documents, and track your application status through our secure online portal.

Are there any processing fees or hidden charges?

We charge a nominal processing fee that is clearly disclosed upfront. There are no hidden charges, and all costs including interest rates and fees are transparent in your loan agreement.

Ready to Grow Your Business?

Apply for an unsecured business loan today and get the funding you need to take your business to the next level.