Get Instant Online Travel Agency Business Loans WITHOUT COLLATERAL

It’s quite quick and easy to get these travel agency business loans at very competitive interest rates in the Indian market.

When you have a small travel business there come many situations when you need additional capital for expansion.

As a business owner, you are always going to run into situations where you are trying to find money to acquire more clients for your travel business.

And you need money upfront to do so, especially in the B2B scenario.

So what do you do in that case?

Mostly you rush to the bank if all of your resources are already exhausted.

And when you first go to the bank with your small operations, you are going to cover some serious issues.

If you are trying to get a line of credit or working capital loans from the bank, there are some other requirements that you might not have at the time where the bank will be able to trust you.

So you need to be creative in finding ways while you are building your travel business.

Here are two reliable ways you can get an instant online loan for your travel business.

Indifi Technologies Pvt. Ltd

Indifi offers unsecured collateral-free loans for businesses that have potential and intent but limited access to banking resources.

Indifi is a Non-Banking Financial Company (NBFC) that offers business loans of up to INR 50 lakhs to Small and Medium-Sized Enterprises (SMEs) at an interest rate of 1.5% per month & onwards.

The loan application is super easy and they claim to be availing the loan in 24 hours.

The repayment term is 12 months or below.

Indifi is backed by leading institutional investors such as IndusInd Bank, CDC Group, Tracxn labs, Omidyar network, and more.

Documents required for availing of the quick loan:

  • Pan Card
  • Aadhaar Card
  • Address proof of self and firm
  • Business registration proof
  • Bank Statement of last 6 months. In case of a loan of more than 15 lacs, the latest ITR
  • Other documents are not listed here as per their requirement.

Know more about their lending terms for travel businesses on this link.

LendingKart

Lendingkart Finance is an NBFC that offers collateral-free business loans. 

The company is open to everyone including the travel business owners and does not consider borrowers’ past financial records & ITRs to evaluate the credit risk profile of its borrowers.

LendingKart offers loans starting from INR 50,000 and up to 2 crores with an interest of 17% onwards per annum.

Lendingkart is backed by a lot of investors including Fullerton Financial Holdings, Sistema Asia, Mayfield India, Bertelsmann, Saama Capital, India Quotient to name a few of them.

To apply for their loan, minimum eligibility is:

  • Your travel business should be operational for the last 6 months at least.
  • Business Should not be blacklisted in any way.
  • Minimum turnover of INR 90,000 in the last 3 months.

Documents required for availing of the loan online:

  • Business registration proof
  • PAN Card and Aadhaar card
  • Bank statement of last 12 months
  • Other documents are not listed here as per their requirement.

Know more about their lending terms for travel businesses on this link.

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