Proven business models with unconventional ideas achieve greater success in the current business scenario. In Business, opportunities often arise suddenly. You may come across a promising and profitable opportunity, which may require immediate funding. But what If you don’t have the funds or the collateral to offer for a bank loan. What would you do?
The answer to this difficult question is a rather simple one. You can simply choose Private Unsecured Cheque-Based Business Loans from JP Finance. But the bigger question that arises is how will unsecured Cheque based finance from JP help my business.
Why cheque-based Finance?
Cheque Based Finance is one of the best ways to raise funds and cater to the urgent flow of finance to fuel the growth of your enterprise. Our Cheque based Loan allows you to get the desired finance for your business with the JP advantage.
No collateral needed- for Cheque based finance, there is no collateral needed. The loan amount disbursed is the basis of the monthly turnover of the enterprise.
No Cibil score required- Entrepreneurs with low Cibil scores or bad credit history can also avail the cheque-based finance service for their businesses.
Minimal documentation- the documentation process is very minimal and this makes the processes easy and less time taking.
Quick disbursal time- the overall processing time for unsecured business loans with JP Finance is very quick. The time taken for the borrower to receive the loan amount is less than 48 hours from the time of application.
A monthly turnover of 25 Lakhs of your business is the minimum eligibility criteria required to avail of our cheque-based finance service.
JP Finance is one of the most trusted names among private finance companies in Chennai specializing in unsecured business loans. JP Finance is a well-established brand built on trust, transparency, and the ease of conducting business with a good track record. At JP Finance, we provide private unsecured business finance on a cheque basis, designed to suit the varying needs of your business.