Unity Small Finance Bank Business Loan

MSME Loans

Micro LAP

Purpose: This facility offers credit to small and micro enterprises to scale up their newly launched business ventures or established small businesses

Loan amount: Rs 5 lakhs to Rs 25 lakhs

Tenure: Up to 10 years

Loan Against Property

Purpose: This Loan Against Property facility allows startups, fintechs and emerging entrepreneurs to raise funds by leveraging their existing property.

Loan amount: Rs 25 lakhs to Rs 1 crore

Tenure: Up to 10 years

MSME Term Loan

Purpose: The MSME term loan facility from Unity Small Finance Bank is a customised credit facility for MSMEs to finance their business growth. The bank also claims to provide business advice to MSME borrowers at every development stage of their business.

Loan amount: Rs 1 crore to Rs 3 crore

Unsecured Business Loan

Purpose: The unsecured business loans facility from Unity Small Finance Bank allows manufactures, traders and service providers to scale up their business without pledging any collateral or security.

Loan amount: Up to Rs 50 lakhs

Tenure: Up to 3 years

Digital Business Loan

Product: Unity Small Finance Bank provides unsecured business loans digitally through the ‘Digital Business Loan’ product, offering equated daily, weekly, and monthly installments.

Loan amount: Term loan of Rs 25,000 to Rs 30 lakhs

Tenure: Up to 3 years

Supply Chain Management

Vendor Financing

The Vendor Financing from Unity Small Finance Bank is a revolving credit facility of shorter tenures, which allows early loan repayment by the borrowers. This ensures a lower cost of capital and improved cash flows for the borrowers.

Dealer Financing

The dealer financing scheme offered by the bank provides need-based credit solutions to its borrowers in the form of short-term and revolving credit facility to improve their liquidity and provide a flexible repayment structure.

Pre-Shipment Finance

Pre-Shipment finance scheme is offered to sellers to manage their working capital needs, raw materials purchases, packing costs, labour and other pre-shipment expenses. The bank also provides customised structures against demand forecasts, purchase orders (confirmed/unconfirmed by buyer) or underlying commercial contracts.

Post-Shipment Finance

The bank provides exporters with a post-shipment finance scheme to cover shortfall in liquidity requirements in exports. This short-term finance bridges the gap between shipping and payment proceeds and thus, assists them in managing their cash flows.