THE CREDIT LANE
About this funding solution
An unsecured business loan gives your company working capital without pledging property, machinery or inventory — sanctioned on the strength of your GST turnover, banking conduct and credit history rather than a fixed asset.
Because no collateral backs the exposure, pricing runs higher than secured credit: unsecured NBFC loans in the current market typically fall between 14% and 26% per annum, though government-backed CGTMSE schemes can bring select borrowers down to 10.5–13%.
A drop-line overdraft (DOD) limit works alongside or instead of a term loan — you draw only what you need against a sanctioned ceiling, and interest accrues solely on the drawn balance, which keeps carrying cost low for seasonal cash gaps.
*Unsecured NBFC pricing. CGTMSE-backed schemes can bring eligible borrowers down to 10.5–13% p.a.
Who is this solution for?
This product fits businesses that value speed and flexibility over chasing the lowest possible rate.
- Business vintage of 2+ years with stable GST filings
- Need working capital for inventory, payroll or short-term cash gaps
- Want to avoid mortgaging property or machinery
- Existing bank relationship but no fresh collateral to offer
Why consider this funding route?
No collateral required
Sanctioned purely against turnover, banking and credit profile.
Drop-line overdraft option
Interest charged only on the amount drawn, not the full limit.
Multi-lender comparison
Your file is run across 15+ banks and NBFCs for the sharpest rate.
CGTMSE eligibility check
We check government-backed guarantee schemes that can cut your rate.
How it works
Document pickup
Share GST, bank and ITR data — digitised the same day.
Lender matching
Your file is matched against live rate cards from our panel.
Sanction & terms
Compare 2–3 sanction letters side by side before you choose.
Disbursal
Funds credited directly to your current account.
Indicative Repayment (EMI) Calculator
Use the sliders below to get an indicative estimate. Final terms are subject to formal underwriting and lender / investor committee assessment.
Client experience
FAQs
No. Sanction is based on turnover, banking conduct and credit score — not fixed assets.
A term loan disburses the full amount upfront with fixed EMIs. A DOD limit is a revolving line — you draw and repay within the limit and pay interest only on the utilised amount.
700+ is preferred by most lenders, though a strong banking profile can offset a slightly lower score.
CGTMSE-backed schemes can bring eligible MSME borrowers down to roughly 10.5–13% p.a. — we check this alongside your standard application.
Check Eligibility
Submit details for Unsecured Business Loan & DOD Limit. Our desk reviews profile variables and calls you back the same working day.