Articles

Beat the cash crunch with unsecured business loans

by Malini Somra Blogger

Jyoti* had a small pickle business that was running smoothly until her husband caught kidney infection. The long arduous treatment drained her financially. Her husband survived but her business, unfortunately did not. Neglect dried up her business and now she was facing severe cash crunch. To revive her business, she needed a loan. But was it easy? Rather not. Endless applications, too much waiting time and demand of collateral – all impacted her strong will. Fortunately, through one of the NGOs she came to know of unsecured small business loans, like the ones provided by Jain Autofin Pvt. Ltd. And it saved her business!

Unsecured small business loans are a saviour for many. Read on to know, how it works and the ways it can help to breathe in new life into your business. 

When there is a lack of adequate working capital to keep the business running, a lot of traders and business men apply for loans from traditional banks. Such loans come at a cost: heavy interest rate and demand of a valuable asset as collateral. And applying for small business loans at leading banks is a long arduous process. You might have to wait anywhere between 15 days to a month to get your loan approved and not to mention the tiring documentation process. But what if you don’t have or do not want to provide a collateral or want money urgently or can't get into the hassles of straining documentation? This is where unsecured small business loans, by Jain Autofin, come in play. 

NBFCs like Jain Autofin Pvt. Ltd. Offers unsecured small business loans at comparatively lower interest rates and that too without a collateral. The top reasons why you should consider unsecured business loans from Jain Autofin Pvt Ltd are:

  1. Quick and easy disbursal of loan: One of the major disruption one faces when applying, for a loan, at any leading traditional bank is the long arduous process. To many processes, formalities and waiting. At Jain Autofin, the loan gets disbursed in, as fast as, 3 working days. No more capital crunches! 
  2. Collateral free: The name says it all! You don’t have to risk parting away from any of your valuable assets. Your assets are yours, forever. Jain Autofin doesn’t ask you to guarantee any asset as collateral. A win-win indeed! 
  3. No hassles or heavy documentation : Not everybody is as process savvy. Traditional banks make loan applicants go through series of exhausting documentation processes. To add to the worse, there are high chances you won’t be assisted with help or guidance during the entire process. Jain Autofin saves you the trouble. Not only do they have friendly and approachable staff as well as loan agents, they have reduced the entire documentation process to only the KYC essentials. Getting an unsecured loan couldn’t be any more easier. 
  4. Flexible repayment options : Unsecured business loans, like that from Jain Autofin, come with the facility of flexible repayment options. You don’t have to worry about invoice clearances at the start of every month to pay your EMIs. There is the flexibility to choose an EMI schedule that is in sync with your business cycle. 
  5. Friendly loan terms and conditions : Unsecured loans at Jain Autofin comes with the added advantage of friendly loan terms and conditions. There is low processing fees, low premiums payment charges, auto renewal and zero hidden costs. 

To apply for our Business Loans contact any of our DSA, or walkin to our nearest branch or apply online 24/7 at www.jainfinance.net.


About Malini Somra Innovator   Blogger

11 connections, 0 recommendations, 62 honor points.
Joined APSense since, January 18th, 2017, From Delhi, India.

Created on Nov 15th 2018 02:25. Viewed 235 times.

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