| Interest Rate | 20% |
| Duration | From 30 days |
| Access Level | Public |
| Company Name | FlexiLoans |
| Phone 1 | |
| Phone 2 | 02268219595 |
| Website or Store | myaccount@flexiloans.com |
| Address | 7th Floor, One World Center, South Annexe, Tower-2, 841, |
| Category | Mild Loan |
| Company Email | |
| Views | 1,331 |
FlexiLoans: Business Loans
FAQ
Can loan apps post my pictures on social media?
You should not worry about loan apps threatening to post your picture on social media. If you check their accounts, you’ll notice most of them have fewer than 100 followers. This means they are mainly circulating your picture among themselves just to instill fear in you. Never pay a dime if any loan app posts your picture online; they are actually the ones owing you, not the other way around. Instead, report the account to the appropriate social media platform, and it will likely be closed down.
Can they auto-debit my account?
If you linked (bound) your ATM card during registration with a loan app, they can automatically debit your account. To prevent this, you should go to your bank, block the card, and request a new one.
For fully licensed Microfinance Banks that may use the Global Standing Instruction (GSI) or place a lien on your account, the safest option is to move your money to another bank account that has never been registered with loan apps. This will stop them from debiting your funds.
Can they come to my house or office to arrest me?
99% of loan apps cannot come to your house or office because most of them operate illegally and have no legal right to pursue you physically. Only fully licensed and approved Microfinance Banks with a registered office address and reputation as a legitimate financial institution can pay you a friendly visit, but never to arrest you.
Borrowing is a civil matter, not a criminal case. That means you cannot be arrested simply because you owe money. If any licensed microfinance bank tries to harass or threaten you, please contact us immediately—we will take the right steps to deal with them.
As for loan apps, they cannot legally come to your house or office to arrest you.
Can this loan app defame me?
Yes and No, a loan app can defame you, but it usually depends on where you downloaded the app from and what permissions you gave it.
- If you downloaded the app outside the Play Store or App Store (for example, from a direct link or third-party site), it’s very likely the app will misuse your information. Many of those apps are not properly regulated.
- How they access your contacts:
- Loan apps need Contact permission to copy your phone contacts.
- They also sometimes request Call log permission, which allows them to see your dialed, received, and missed calls—but not your full contact list.
- If you used the app before 2023:
- Before 2023, many loan apps could freely access contacts because the rules were not strict.
- From 2023 onward, Google Play Store and Apple App Store introduced policies that restrict apps from accessing contacts and call logs unless it’s absolutely necessary.
How do I get rid of their daily messages and calls?
To stop their frequent calls, you can install Truecaller, upgrade to Premium, and use the Block Spam Calls feature. This will automatically filter out most unwanted numbers. (Check the video below for step-by-step details.)
For WhatsApp calls and messages, fight back smartly: never listen to their voice notes or read their messages. Instead, use the response strategy in the link below to reply safely. When you push back confidently, scammers usually give up and flee.
https://loansharkreview.com/MessageTemplate
Will this loan apps report me to the Credit Bureau?
In most cases, 90% of loan apps cannot report you to the Credit Bureau. This is because many of them are not licensed financial institutions or they charge exorbitant interest rates that violate government policies.
However, fully licensed and approved microfinance banks can report you to the Credit Bureau. Even when they do, they usually report only the actual amount you borrowed and the original agreed interest — not the inflated charges or penalties. If you notice incorrect information in your credit report, you have the right to contest it with the Credit Bureau and request correction.
About FlexiLoans: Business Loans
FlexiLoans, a Reserve Bank of India (RBI) registered Non-Banking Financial Company (NBFC), is dedicated to supporting micro, small, and medium enterprises (MSMEs) by providing tailored business loans. With a commitment to simplifying access to finance, FlexiLoans offers a variety of flexible financial solutions to help MSMEs overcome the challenges often associated with traditional bank loans, such as strict eligibility criteria and lengthy approval processes. The quick and convenient funding options enable businesses to manage working capital, finance expansions, purchase inventory, acquire equipment, and much more.
Meeting the Unique Financial Needs of MSMEs
Small business owners frequently encounter obstacles in obtaining funding from traditional banking channels. FlexiLoans aims to bridge this gap by offering accessible financing tailored to the distinct needs of MSMEs. By understanding the needs of MSMEs, FlexiLoans strives to contribute to their growth, sustainability, and long-term success.
Financial Products Offered by FlexiLoans
1. Term Loan for MSMEs
- Overview: A fixed amount loan offered for a specified tenure at competitive interest rates.
- Ideal For: Businesses looking to fund fixed-term projects, expansion, or significant one-time expenses.
2. Merchant Advance (Loan Against POS Machines)
- Overview: A loan for businesses that process high volumes of card transactions, offering advances based on the sales processed through POS (Point of Sale) machines.
- Ideal For: Retailers, online sellers, and traders handling substantial card payments.
3. Invoice Discounting
- Overview: Allows businesses to leverage their unpaid invoices to generate immediate revenue for operational costs.
- Ideal For: Companies with high receivables looking to improve cash flow without waiting for customer payments.
4. Line of Credit
- Overview: A flexible financing option that provides access to funds as needed, ideal for regular business expenses.
- Ideal For: Businesses with seasonal needs, cash flow management, vendor payments, and those seeking cash discounts.
Additional Business Loan Solutions
In addition to these core offerings, FlexiLoans provides various financial solutions to support MSMEs in all aspects of business:
- Invoice Discounting Loan
- Supply Chain Finance
- Line of Credit Loans
- Term Loan
- Merchant Cash Advance
- Inventory Financing
- Franchise Finance
- Corporate Loans
- Letter of Credit
- Short-Term Loans
- Commercial Loans for Small Businesses
Benefits of Choosing FlexiLoans for Unsecured Business Loans
FlexiLoans offers several advantages, including a hassle-free online application process, minimal documentation requirements, and rapid approval. Here’s why MSMEs prefer FlexiLoans:
- Fully Online Application: Apply from any location with a 100% online process.
- Dedicated Relationship Managers: Personalized support to guide you through the loan process.
- Attractive Interest Rates: Annual Percentage Rate (APR) starting at 12% per annum.
- Flexible Loan Tenure: Choose a repayment period between 12 and 36 months.
- Quick Disbursal: Fast access to funds for business needs.
- Customizable Repayment Terms: Tailor repayment schedules based on your cash flow.
- No Hidden Fees: Transparent charges with no surprises.
- Customized Loan Options: Tailored solutions for retailers, traders, restaurants, online sellers, and more.
Eligibility Criteria for FlexiLoans Business Loans
To apply for a FlexiLoans business loan, your business should meet the following criteria:
- Operational History: Minimum of 12 months in business.
- Promoter’s Age: The business owner should be at least 21 years old.
- Annual Turnover: Minimum turnover requirement of INR 4 lakhs.
- GST Registration: The business must have a valid GST registration.
Simple Digital Documentation Process
FlexiLoans app offers a 100% digital, paperless loan application process. Required documents include:
- PAN Card: Enter your PAN details.
- Aadhaar Card: Upload a digital copy of your Aadhaar.
- Selfie Verification: Take a quick selfie for identity confirmation.
No physical documentation is needed, ensuring a streamlined and user-friendly experience for accessing business loans.
Advantages of FlexiLoans’ Instant Small Business Loan
FlexiLoans prides itself on its quick, efficient, and transparent lending process:
- Instant Verification and Credit Disbursement: Fast loan approval and disbursement.
- Competitive Rates: Fair interest and processing fees with no hidden charges.
- Convenient Repayment Options: Repay using UPI, debit card, net banking, bank transfer, and more.
- Unsecured Loan Options: No collateral or credit card required.
- 100% Digital Approval: Enjoy an entirely online experience backed by an RBI-registered NBFC.
Important Notice
FlexiLoans does not charge any processing fees prior to loan disbursement. Any claims to the contrary are fraudulent. For concerns or to report suspicious activity, please contact FlexiLoans at 02268219595 or email us at myaccount@flexiloans.com.
For more information, visit FlexiLoans Official Website or download the FlexiLoans app.
Contact Information
- Customer Support Number: 02268219595
- Email: myaccount@flexiloans.com
- Office Address: 7th Floor, One World Center, South Annexe, Tower-2, 841, Senapati Bapat Marg, Saidham Nagar, Parel, Mumbai, Maharashtra 400013
With a range of loan products tailored to meet the unique needs of MSMEs, FlexiLoans is committed to empowering India’s small businesses to thrive.
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