I dont have Bureau Score, can i get Unsecured business loans
Answer is YES.
Such scenario is considered as New to credit. Eligibility is dependent on your banking habits and monthly growing sales .
However following would be the challenges for New to credit borrower:
First loan Amount offer might be in low ticket size range of 2-10 lakhs
Commercial for first loan might be high compared to your next loans.
Not all Lenders in India cater to New to credit borrowers, so better You read the product feature and Bureau norms before you apply
You can also try to build credit history by taking a small No Cost Consumer durable loan of 3 to 6 month and then apply for Unsecured business loan for your business
