Unsecured business loans give you the power to expand without putting your assets at risk. At 24hrLoan, you can access unsecured business loans up to 75 lakh through multiple trusted NBFC partners, all from one simple platform.
Whether you want to boost working capital, buy inventory, upgrade equipment, or open another branch, 24hrLoan connects you to lenders who focus on your business strength instead of your property.
Why Unsecured Business Loans Matter?
Unsecured business loans are designed for flexibility and speed. They are ideal for business owners who want funding without paperwork overload.
Advantages of Unsecured Business Loan:
- No collateral required
- Loan amount up to 75 lakh
- Fast approval and quick disbursal
- Freedom to use funds for any business need
- No risk to personal or business assets
This lets you focus on growth instead of formalities.
Benefits of Unsecured Business Loan
Higher Approval Rate
Your application goes to lenders suited to your business profile.
Multiple Options in One Place
No need to approach NBFCs one by one. 24hrLoan offering unsecured business loan from one place.
No Collateral
Access up to 75 lakh without risking property or assets.
Secure and Clear Process
Your information stays protected, and every step is transparent.
Built for Business Owners
Fast checks, easy documents, and simple steps designed to save time.
Eligibility for an Unsecured Business Loan up to 75 Lakh
Most NBFCs follow similar eligibility criteria. If you meet these, you stand a good chance.
Business Income and Stability
- A minimum monthly credit of 30,000 is required
- Business should be active for at least 1 to 2 years
Age Criteria
- Candidates must be aged between 21 and 60.
Bank Statement
- Minimum 10 lakh credit must be required within 1 year.
Credit Score
- A CIBIL score above 700 is preferred
Business Category
- Traders, manufacturers, retailers, service providers, freelancers, and small enterprises are eligible.
Also Read: Business Loan Eligibility Documents
Documents Required for Unsecured Business Loans
To speed up approval, NBFCs usually ask for basic business and identity documents. Here is what you need:
KYC Documents
- Aadhaar Card
- PAN Card
- Address proof (Voter ID, Utility Bill, Driving License, etc.)
Business Proof
- GST certificate
- Shop Act or business registration
- Partnership deed or company incorporation papers (if applicable)
Financial Documents
- Last 6 to 12 months’ bank statements
- ITR for the past 1 to 2 years (if required)
- Profit and loss summary or basic financials (depending on lender)
Additional Documents (Varies by NBFC)
- Recent passport-size photo
- Business invoices or purchase orders (sometimes requested)
With 24hrLoan, you upload these documents once, and the platform shares them securely with selected NBFC partners.
Top Lender Provide Business Loan up to 75 Lakh
| Banks / NBFCs | Interest Rate | Loan Amount | Repayment Tenure | |
| WeRize | 16% p.a. to 22% p.a. | Rs.50,000 to Rs.25 lakh | 12 months to 36 months | Apply Now |
| Faircent | 14% p.a. to 21% p.a. | Rs.50,000 to Rs.10 lakh | 12 months to 36 months | Apply Now |
| IIFL | 11.25% p.a. to 33.75% p.a. | Rs.50,000 to Rs.30 lakh | 12 months to 60 months | Apply Now |
| Chola Finance | 14% p.a. to 21% p.a. | Rs.30,000 to Rs.20 lakh | 12 months to 60 months | Apply Now |
| Poonawalla Fincorp | 15% p.a. to 28% p.a. | Up to Rs.50 lakh | Up to 3 years | Apply Now |
| FT Cash | 12% p.a. to 22% p.a. | Up to Rs.50 lakh | Up to 3 years | Apply Now |
| NeoGrowth | 19% p.a. to 24% p.a. | Up to Rs.75 lakh | Up to 7 years | Apply Now |
| FlexiLoans | 12% p.a. onwards | Up to Rs.1 crore | 1 year to 5 years | Apply Now |
| LendingKart | 12% p.a. to 28% p.a. | Up to Rs.1 crore | 12 months to 36 months | Apply Now |
| Ashv Finance | 18% p.a. to 21% p.a. | Up to Rs.40 lakh | 12 months to 36 months | Apply Now |
| Aditya Birla | 14% p.a. onward | Up to Rs.15 lakh | 12 months to 36 months | Apply Now |
| Tata Capital | 16.50% to 19% p.a. | Up to Rs.75 lakh | 12 months to 36 months | Apply Now |
Unsecured Business Loan Amount and Terms
You can apply for unsecured business loans up to 75 lakh. The final amount depends on:
- Monthly turnover
- Industry type
- Profit margins
- Bank statement health
- Credit score
- Existing debt
NBFCs offer flexible repayment tenures to keep your EMI comfortable.
How to Apply for Unsecured Business Loan
The process is built for speed and simplicity.
Step 1: Fill the Quick Form
Enter your basic business and income details.
Step 2: Compare Multiple NBFC Offers
24hrLoan shows lenders willing to fund businesses like yours.
Step 3: Upload Documents
Share your KYC, bank statements, and business proof once.
Step 4: Select the Best Offer
Pick the lender that matches your loan amount, EMI, and interest rate preferences.
Step 5: Get Fast Approval
Most NBFCs offer quick verification and rapid disbursal.
Also Read: Shriram Finance Business Loan: Get up to 30 Lakh
Conclusion
Unsecured business loans provide a powerful lifeline for growing companies. With 24hrLoan, you get access to top NBFC partners, a straightforward process, and loan amounts up to 75 lakh without pledging any collateral. It is funding built for speed, flexibility, and real business needs.