02261344779
02261344779
Mumbai is one of India’s megacities. To millions of Indians, it is the City of dreams. The City every part of India gravitates to. It used to be known as Bombay. It is the capital of Maharashtra. And is located on the west coast of India. Mumbai enjoys the highest GDP among all cities in South, West, or Central Asia. Not surprisingly, of all the cities in India, Mumbai hosts the highest number of millionaires.
Mumbai city generates 6.16% of India’s total GDP, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India's foreign trade and ₹4,000 crore(US$620 million) in corporate taxes.The city is the hub of thousands of small and big businesses in India, Asia, and in some cases, even, the world. Undoubtedly, Mumbai is the financial and commercial capital of India by some distance.
The micro and small businesses found here belong to metal-based, rubber, plastic and petroleum-based industries. The service industry seems to be booming in Mumbai, with a lot of potential around the suburbs. This includes services like electrical/electronic instrument service centres, computer repairs, industrial testing, auto repair service, pathologies, fast food centres, and catering services.
Businesses are also looking to expand their existing operations. Small business loans from trustworthy NBFCs are a preferred route taken by owners to fund their financial needs.
If you wish to establish a new small business in Mumbai, some of the industries you can consider are given below:
Small businesses that wish to tap into the untold growth opportunities that abound in Mumbai should consider getting in touch with Gromor. Gromor enables small businesses and entrepreneurs in Mumbai to grow more by providing them quick, unsecured business loans at attractive interest rates on fair and reasonable terms arrived at with the help of scientific evaluation algorithms and technology that quickly evaluate and disburse loans to interested businesses and entrepreneurs.
We furnish unsecured business loans at attractive interest rates on fair and reasonable terms. These terms are arrived at with the help of scientific evaluation algorithms and technology. All of which ensures your application is evaluated properly and the loan amount disbursed swiftly.
Make sure you are eligible for small business loans. Here’s a list of the criteria:
Additionally, having the following documents will ensure that you get small business loans for your business in Mumbai, without having to wait much!
We recommend applying for small business loans online since the process is much faster, easier and requires the least amount of documentation. Plus, you can do that from the comfort of your home or office at any time!
Getting a small business loan is just the beginning of the process - you need to be able to repay it in time too. Mostly, you will repay it in parts throughout the tenure of the loan, also known as EMIs. This comprises of the principal amount, as well as the interest on it.
You can use Gromor’s EMI calculator to calculate just how much you will need to pay per month, to clear your small business loan. This is a free, time-saving service, that offers error-free calculations!
The process of applying for small business loans online is pretty simple too. Just follow the steps below if you wish to obtain a quick small business loan online from Gromor:
We are available during business hours across many channels. You can connect with us via email/whatsapp/phone/web chat on our website.
You can share documents via an email at info@gromor.in / whatsapp it to us at +91 88284 82009 or give us a call at +91 88284 82009 to coordinate the same.
