Bihar, the state located in the eastern part of India is bordered by Nepal in its north, West Bengal in its north-east and the state of Uttar Pradesh in its west. 

Though agriculture is one of the most important mediums of income for the people of Bihar, there are even some industries coming up in recent times. Bihar is quite slow in its development, especially in the field of manufacturing with the majority of its population remaining below the poverty level. The economy of the state is struggling at present, but that does not mean you cannot avail of a Business Loan in Bihar. 

Of course, you have the option of availing Collateral Free Business Loan in Bihar through FlexiLoans. We can help you with the process of gaining a standing for your business in this state without going through any hassle.

How to Get Business Loan in Bihar?

For the majority of the businesses in Bihar, generating sufficient working capital for keeping procedures running can be quite challenging. In times when companies invoice their customers, they might have to wait for a minimum 920 days before receiving the payment for services and goods delivered. This might be very convenient on the part of the consumers, but it can put a lot of stress on the companies. One good alternative here is going for a term loan available from FlexiLoans. We are also into providing vendor financing that is simpler than working capital funding.

Our line of credit and loan against POS schemes have also proved to be of good help for businesses in Bihar. All businesses that need a small business loan in Bihar come to us for fetching their requirements. Our GST business loan in Bihar helps businesses in doing away with their financial challenges without worrying about the payment of GST taxes. FlexiLoans’ unsecured business loan in Bihar comes to the rescue of entrepreneurs who find it very difficult to manage collaterals for availing loans.

So, come to us, and we will be more than happy to help you set up your small or medium scale business in Bihar.

Basic Eligibility Criteria

Documents Required for Business Loans

Frequently asked questions