Business Loan
Short Term Business Loan in Chennai
India has always been a land of resources, but today this is a land of opportunity. This decade belongs to the industries and enterprises of India that lead the charge towards exponential growth. Chennai has seen a drastic rise in the demand for resources and support for businesses in recent years. Assessing finance is often through secured business loans or through equity dilution, which may take time, lessen the ownership of your own company, and a lot of hassle to acquire the loans.
We at JP Finance provide Private Finance like Unsecured Business Loans in Chennai to help enterprises and businesses expand and grow to their full potential. We focus on making business loans more accessible and easing the life of the borrower.
At JP Finance, we believe in providing effective solutions to your business finance needs. Availing business loans from JP finance is just 4 simple steps away. Our simple loan application process begins with your application, eligibility check, documentation and instant disbursal of the loan in just 48 Hrs.
JP Finance has emerged as one of the most trusted private finance companies in Chennai. With our various curated financial instruments, we can help you grow and succeed in no time.
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private business loan eligibility
Quick Business Loans
With the rise of alternative finance solutions like private finance companies, today it’s easy to get quick business loans almost instantly. All it takes is an application form filled and submitted and fulfilling the eligibility criteria. Once that is done, the loan is approved, the money in disbursed to the bank account swiftly.
The most interesting aspect about the quick short-term business loans from JP Finance is that the maximum time taken to disburse the loan amount after approval is less than 48 Hrs. These short term business loans come with flexible repayment tenures to facilitate the borrower in expansion and business growth seamlessly and the flexible repayment options give the borrower a choice in the repayment mode too.
Ensure a smooth approval process with
these essential documents.
Full Transparency with Clients
Short-term loans
Instant disbursal of loans
Flexible repayment options
Competitive Interest rates
No collateral
Minimum documentation
No up-front charges
Benefits in JP Finance for Unsecured Business Loan
Full Transparency with Clients
Short-term loans
Instant disbursal of loans
Flexible repayment options
Competitive Interest rates
No collateral
Minimum documentation
No up-front charges
Business Loans To
- Manufacturers
- Retailers
- Spinning Mills
- Builders
- Industrialists and Traders
- C & F Agent for Airlines & Shipping
- Importers & Exporters
- Distributors
- Transporters
Your Industry is not listed here? Call us.
Quick, Transparent, and Hassle-Free –
Get Funded in Just a Few Simple Steps.
Apply
for Loan
check your
Eligibility
Submit the
Documents
Receive
Amount
Calculator Information
The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.
Calculator Assumptions
Length of Month
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.
Number of Weeks or Fortnights in a Year
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
Rounding of Amount of Each Repayment
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.
Rounding of Time Saved
The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.
Amount of Interest Saved
This amount can only be approximated from the amount of time saved and based on the original loan details.
Calculator Disclaimer
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Private Finance Interest Rate Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
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