Loans For

Lifestyle & Garments Business

Lifestyle & Garments

Retail stores are of several types, one of the most common being lifestyle and apparel stores. Lifestyle stores specialise in selling high-end clothing and accessories like beauty products, imitation jewellery, leather jackets and belts etc. Business owners selling lifestyle products can avail collateral-free HFS loans to stock up on the most in-demand products and keep up with the changing market trends. Lifestyle and apparel store owners may also use the funds to manage various overhead expenses and improve the store décor to attract customers.

Benefits of HFS Business Loan

3 Simple Steps

Applying for an HFS Business Loan to expand your lifestyle and apparel store takes just 3 easy steps. Call us for a home visit, submit the required documents, and you will receive funds in your account within 24 hours.

Minimal Paperwork

We require just a few basic documents from you to approve your Business Loan. We understand the importance of timely funds, and hence keep our paperwork process as quick and easy as possible.

Collateral-free Loans

You do not need to risk your assets in order to take a Business Loan. We are happy to help you scale your lifestyle and apparel store with unsecured and guarantor-free loans as long as you fulfil our basic eligibility criteria.

Flexible Repayment

We offer easy and flexible repayment options for lifestyle store business loans. The tenure for unsecured loans goes up to 5 years, while that for secured business loans is not fixed and can extend for as long as you need.

Achieve Multiple Business Goals

Stock up on in-demand products

Improve interiors of the store

Manage cash flow

Meet market demands

Construct a new store

Pay overheads like rent

Hear From Our Customers

Frequently asked questions

How to apply for a Lifestyle and Garments Loan Business?
If you are running a business, you can’t afford to wait in long queues for your loan application. With this in mind, we have simplified our loan application process. Follow the steps below to apply for a business loan online.

Simply click here to apply for a HFS Loan.

Fill out the essential fields and upload relevant documents

Enter the business loan amount and tenure.

If your information meets our eligibility requirements, we will provide you with a reference number. Keep the reference number for future use

Our representative will contact you for additional information

Post verification, you will receive a personalized loan offer that includes the loan amount and interest rate

After approval, we will disburse the amount to your bank account.
What is the minimum and maximum loan amount which we can avail for a Lifestyle and Garments loan Business?

From 2 lakh up to 25 lakhs for unsecured loans and for a secured loan from 5 lakh to 50 lakh.
What documents do I need in order to apply for a loan?
Self-employed (Individuals)

Self-Employed (Individuals) include self-employed – Sole proprietors, Partners & Directors in firms in the Business of Manufacturing, Trading, or Services.

Documents required:

Proof of Identity: Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof: Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport

Bank Statements: Latest 6 months’ bank statements / 6 months’ bank passbook

Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA

Business Continuity Proof: Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns

Other Documents: Certified copy of Partnership Deed, Certified copy of MOA / AOA.

Additional Document Required:

Only for secured Business loans – Copy of all property documents

Private Limited Cos and Partnership Firms

Private Limited Cos and Partnership Firms engaged in the Business of Manufacturing, Trading, or Services

Documents required:

ID / Business Continuity Proof: PAN Card / S&E License / Tax Returns / Utility Bill

Address Proof: Utility Bill (Latest 2 months) / Registered Rental Agreement

Bank Statements: Latest 6 months’ bank statements / 6 months’ bank passbook

Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA

Other Documents: Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Additional Document Required:

Only for secured Business loans – Copy of all property documents

Self-employed (Professionals)

Self-Employed (Professionals) include self-employed Doctors, Chartered Accountants & Architects.

Documents required:

ID Proof: Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof: Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport

Bank Statements: Latest 12 months’ bank statements / 12 months’ bank passbook

Latest ITR along with computation of income, B/S & P&L A/c for the last 2 years certified by a CA

Additional Document Required:

Only for secured Business loans – Copy of all property documents

Loans For

Lifestyle & Garments Business