Collateral FREE Loans for Small Businesses

Collateral free loans are often chosen by small businesses because there is no need to pledge their assets.

VICCAS
2 min readApr 20, 2022

Collateral free SME loans are often chosen by businesses because there is no need to pledge their assets.

To borrow loans, there is a need to pledge an asset/property like stocks, machinery, real estate, and more. This asset is called collateral and such a loan is called a secured loan.

The SME businesses sometimes have limited assets, and inappropriate KYC, and are unable to track information on their receivables and financial health which makes them unable to establish information about themselves and limits their access to credits.

Benefits of Collateral-Free Business loans

  • No need to pledge your assets
  • Opens multiple opportunities
  • Access to liquid funds for business operations

Get collateral-free Loans from Hylobiz

Hylobiz enables banks/ NBFCs to showcase their financial products and businesses can easily get access to insurance, savings, loans, pre-approved SME credit cards, and other customized products.

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Get easy access to collateral-free business loans with our banking partners!

Hylobiz in alliance with Bajaj Finance and Neogrowth credit Pvt ltd, offers easier, cheaper, and faster credits to support your SME businesses. If you have valid KYC documents, the eligible age, required business experience, and valid grounds to apply for a loan, then you can apply for a collateral-free loan.

Visit our SME offerings page: https://hylo.biz/offerings-sme/

Click to get business loans from Bajaj Finserv: https://bit.ly/3JWKDlV

What are the other financial offerings by the banking partners on Hylobiz?

  • SME credit cards
  • Our banking partners, Kotak bank and Yes bank offers connected banking services.

Suggested read on banking partners: https://bit.ly/385MKGO

Highlights on some of the top-rated features of Hylobiz:

  • Einvoicing powered by Vayana GSP- India’s largest GSP provider

Read: https://bit.ly/3Or5W2o

  • Seamless ERP integration
  • Easy account integration
  • Top-notch security
  • Digital collection through multiple payment modes
  • Automated reminders
  • Integrated payment gateway
  • Automated reconciliation
  • Accounts receivable management
  • Automated inventory and invoice management
  • Payment links
  • Quick onboarding
  • Automated payouts
  • Digital ledger
  • Customized checkout

To know more about our features, read https://bit.ly/3EvHdpa

Our Recent Blogs:
Neobanking: https://bit.ly/36YiRHM
Interested to know more? Email us at: support@hylo.biz.
Follow us on Medium: https://medium.com/@hylobiz

Good news for women entrepreneurs! You can now extra email and SMS credits as you onboard Hylobiz.

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Businesses can subscribe to Hylobiz at a nil setup fee to get access to collateral-free business loans, business process automation, and more.

Sign up. The one-stop platform allows transactions at a minimal cost.

Click to connect: Contact us.

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