Our technological capabilities help us assess credit risks through modern analytics and deliver a seamless borrowing experience.

Unsecured Business Loan up to Rs 40 Lacs

Cash-flow based Credit appraisal

Fast approvals


1. What is an Unsecured Business Loan

As the name suggests, Unsecured Business Loans do not require any collateral against the loan amount. Our Unsecured Business Loans are designed to help MSMEs meet their immediate funding requirements. If you are a manufacturer, trader, dealer or a service provider and you are willing to upscale your business, then an Ashv Unsecured Business Loan would be a great choice to meet your business requirements.
While the possibilities are endless, here are some common purposes for which an Ashv Unsecured Business Loan can be procured for your business:
- Investing in your firm’s infrastructure
- Meeting working capital requirements
- Installing new plant and machinery
- Upgrading to latest technology
- Pay for overhead costs like rent, office expenses etc.
All you need to do is, click here to easily apply for an Unsecured Business Loan and upload the required documents. We will review your application, call you with our best offer based on your eligibility and disburse the sanctioned loan amount.
Here are the basic requirements for your business to be eligible for an Unsecured Business Loan:
- Promoter’s age should be between 25-65 years
- Business must be located in the city where Ashv has physical presence. Locate your nearest Ashv branch
- Business should be at least 3 years old
- Have an annual turnover between INR 3 crores to INR 100 crores
- Financials for the last 3 years
- Have business bank statements for the last 6 months
- Trusts, NGOs and charitable organizations are not eligible
You can avail an Unsecured Business Loan between Rs. 5 Lacs to Rs. 30 Lacs.
You can avail an Unsecured Business Loan for a minimum of 12 months to a maximum of 36 months.
Here is a list of documents you need to scan and upload while applying for an Unsecured Business Loan with us.
- KYC of the business entity and the business owner/s
- Proof of Ownership for residence / office. Residence-cum-office is not accepted
- Business bank statements for the last 6 months
- Business registration proof (AOA / MOA / Business registration certificate / GST registration certificate / Registered partnership deed / Gumasta shop establishment certificate)
- GST returns for the last financial year
- Income tax returns for the last two years
- Loan obligation sheet and sanction letters including WC facility sanction letter
- Latest electricity bill of manufacturing unit/office unit