logo
logo
Sign in

Instant business and gold loans

avatar
Rupeek Fintech Pvt Ltd.
Instant business and gold loans

During business, you often come across situations when you feel financially constrained and find it difficult to implement your strategies or increase sales due to paucity of finances.

In order to help you and provide you a workable solution, all nationalized, RBI approved private bank and financial institutions like NBFCs offer you hassle-free instant business loan as per your need.

What is a business loan?

A business loan is an unsecured form of credit that enables you to perform many other business functions to provide impetus to your business. A business loan when given at the moment of requirement proves extremely useful for the businesses. That-is-why, banks and NBFCs sanction you an instant business loan so as to help you in the hour of your need.

An instant business loan is basically a credit sanctioned for your business that is processed quickly and with ease. Generally, it is granted within a shortest possible time and can be applied with maximum convenience with minimum documentation.

Major benefits of instant business loan

As an entrepreneur or an established businessman, it is prudent for you to constantly evaluate your business progress and look for the possibilities of growth and expansion of your business. Invariably, businessman feel handicapped due to lack of ready funds to avail an opportunity for growth and development that comes their way.

Under such circumstances, you have two options that can get you the required additional capital. You can either pledge your gold and borrow instant loan online or apply for an instant business loan.

Shortcomings of Business Loans

Need Good Credit Score: You need to have good CIBIL score to qualify for the business loan. Moreover, you need to finish certain documents and income proof to get the required amount of loan.

High Interest Rates: The interest rates charged on instant business loans depend upon factors like nature of business, credit score history, CIBIL score and annual turnover. The interest rates can be usually high.

Qualification can be difficult: Not all applications of business loans are approved. There are various formalities that need to be fulfilled before the loan is approved and sanctioned.

Why Gold Loans are better?

Gold loans are better for those business owners that find it difficult to get instant business loans from banks and financial institutions.

There is no need of providing your CIBIL score or credit history as gold is considered as collateral by the company.

Gold loans can be secured easily and within a short time span. The interest rates on easy gold loan are very low as compared to instant business loan.

Time spent in securing gold loans is very less as compared to other loans as the loans are approved almost instantly. The gold loan company provides doorstep services, ensuring safety of your gold all the time.

Your need for an instant gold loan or an instant business loan can be addressed with ease by just contacting Rupeek – the front runners among leading Non Banking Financial Companies in India.

You can apply online or contact Rupeek for hassle-free loan at most competitive interest rates.


collect
0
avatar
Rupeek Fintech Pvt Ltd.
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more