Kinara Capital
Finance
About Service
Kinara Capital offers collateral-free business loans to MSMEs addressing the credit gap in India Kinara Capital provides collateral-free business loans within 24-hours. The process is fully digital and requires minimal documentation along with doorstep customer service. The three categories of collateral-free loans offered to MSMEs are: Working Capital Loans; Asset Purchase Loans; and HerVikas Loans for Women Entrepreneurs. Working Capital Loans are provided with the primary aim of helping business owners expand their business, such as purchase of raw materials/stock, business premises renovation, adding a new product line, hiring workers, etc. Asset purchase loans are used by manufacturing MSMEs to buy new or second-hand machinery and equipment to improve their operations and product quality, as well as expand their business. HerVikas loans are specifically aimed at women entrepreneurs, and offer them an upfront discount in recognition of their efforts and providing access to the necessary capital to take their businesses to the next level.
Customer Segment
Kinara Capital provides fast and flexible collateral-free business loans to 300+ sectors in the manufacturing, trading, and services sectors. We’re present in 3000+ pin codes across Andhra Pradesh, Gujarat, Maharashtra, Karnataka, Tamil Nadu, Telangana and Puducherry. The loans are available in the range of 1 lakh to 30 lakhs for Working Capital and Asset Purchase. A typical customer would have registered business operating for at least 2 years with a monthly revenue of more than Rs. 50,000.
Rate Card
HerVikas loans offer an upfront discount to women entrepreneurs on business loans without property collateral. The loans are aimed at helping women access capital in a timely manner, which is one of the major struggles for women entrepreneurs looking to grow their business. A HerVikas loan can get you a 0.5% to 1% discount on the loan, which can make repayment more affordable.
Other Information
There are 63 million MSMEs in India struggling to access formal lending options, the gap known as the ‘missing middle’ is valued at over $300 billion in India. In its dedicated focus of driving financial inclusion of small business entrepreneurs, Kinara Capital has disrupted traditional lending by addressing two major pain points by providing fast and flexible loans with the use of proprietary AI/ML data-driven credit decisioning and tech enabled process that can disburse a loan within 24-hours. The fastest way to get started is with a quick 1-min Eligibility Check by clicking on this link https://bit.ly/KinaraBusinessLoansGAME. No KYC or document upload required for Eligibility step. The rest of the process can be continued online or with the assistance of a Kinara Loan Officer. Alternatively, call our toll-free phone number 18001032683 for more information (Monday-Friday from 9:30 am-5:30 pm).
