Jessic Fincrop

Business Loan

Funds to take care of your business needs


Designed specifically for small and medium enterprises (SMEs), Jessicafincorp business loans empower entrepreneurs like you to achieve your goals. Whether it’s starting a new venture, expanding your operations, or managing everyday expenses, a personal loan for business is perfect for such uses.

Get a hassle-free business loan from ₹1,000 to ₹4 Lakhs directly into your bank account. Simply keep your PAN card, Aadhaar card, and a business or income proof handy when applying.

Choose a repayment tenure that suits your cash flow, ranging from 3 to 24 months. Apply now and let Jessicafincorp be your partner in success.

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Features and Benefits of a Business Loan with Jessicafincorp

Jessicafincorp offers tailored business loans designed to meet the needs of small to large-scale businesses.

Collateral-free funds

Secure the financing you need without pledging any assets as security.

Quick loan disbursal

Get funds directly in your bank account within a short time upon approval.

Hassle-free Documentation

Experience a streamlined application process with hassle-free documentation.

Collateral-free business loan

Access funds without the need for collateral or security deposits.

Loans ranging from ₹1,000 to ₹4 Lakhs

Choose a loan amount that aligns with your business needs.

Available 24x7

Apply for a loan anytime, anywhere, at your convenience.

Interest Rates Range from 18% to 29.95%.

Enjoy competitive business loan interest rates tailored to your profile and loan amount.

Tenures ranging from 3 months to 24 months

Select a repayment tenure that matches your cash flow and business cycle.

Processing Fee ranges from ₹350 to ₹16,800

Select a repayment tenure that matches your cash flow and business cycle.

Business Loan Eligibility Criteria and Documentation

Eligibility Criteria

  1. Be above 21 years of age
  2. Be a resident of India
  3. Have a minimum monthly business income of ₹10,000.

Documents Required

  1. PAN card
  2. Address proof (Aadhaar card or Passport)
  3. Business/Income related document
  4. Proof of business documents (e.g., Business registration certificate, GST registration certificate, etc.)

EMI LOAN CALCULATOR

EMI Calculator Service

Our EMI Calculator Service is a user-friendly tool designed to help clients easily estimate their Equated Monthly Installments (EMIs) for loans. With this service, clients can input key loan details such as loan amount, interest rate, and tenure, and instantly calculate their monthly repayment obligations. Whether you’re planning to take out a home loan, car loan, or personal loan, our EMI Calculator Service provides quick and accurate estimates, empowering clients to make informed financial decisions with ease.

EMI CALCULATOR
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Frequently Asked Questions (FAQs) on Business Loan with Jessicafincorp :

1. What is a business loan from Jessicafincorp?

A business loan from Jessicafincorp is a financial product designed to help businesses meet their working capital needs, fund business expansion, purchase equipment, or manage operational expenses. It is typically an unsecured loan that doesn’t require collateral for certain amounts.

2. Who is eligible for a business loan from Jessicafincorp?

Eligibility criteria typically include:

  • Businesses with a minimum operational history of 2 years.
  • Valid business registration documents (such as GST registration, shop establishment license, etc.).
  • A minimum annual turnover requirement, which varies based on the loan amount.
  • A satisfactory credit score and financial track record.
3. How much loan amount can I borrow from Jessicafincorp?

Jessicafincorp offers business loans ranging from ₹1 lakh to ₹5 crores, depending on the business’s financial health, turnover, and the specific loan scheme.

4. What is the tenure of a business loan from Jessicafincorp?

The loan tenure typically ranges from 12 months to 60 months (1 to 5 years), offering flexibility for repayment according to the business’s cash flow.

5. Is collateral required for a business loan from Jessicafincorp?

Jessicafincorp offers both secured and unsecured business loans. For smaller loan amounts (up to a certain limit), no collateral is required. For larger loan amounts, collateral may be requested, such as property, equipment, or other assets.

6. What is the interest rate on business loans with Jessicafincorp?

The interest rate on business loans varies depending on several factors, including the loan amount, business financials, and credit history. Typically, rates range between 10% and 18% per annum.

7. What documents are required to apply for a business loan?

The required documents usually include:

  • KYC documents: Identity proof (Aadhaar, PAN) and address proof.
  • Business registration documents: GST registration, trade license, etc.
  • Financial documents: Bank statements, profit & loss statements, balance sheets.
  • Income Tax Returns (ITR): For the last 2-3 years.
  • Collateral documents (if applicable): Property documents or machinery purchase receipts.
8. How long does it take to process a business loan?

The loan approval and disbursement process is fast. Typically, loans are approved and funds are disbursed within 3 to 5 working days, provided all required documentation is submitted.

9. Can I prepay my business loan?

Yes, Jessicafincorp offers the flexibility to prepay your loan. However, prepayment is subject to certain terms and conditions, including a possible prepayment penalty. It’s advisable to check these details before proceeding.

10. How can I use the business loan?

Jessicafincorp allows you to use the loan for a variety of purposes, including:

  • Business expansion.
  • Working capital needs.
  • Purchasing inventory or raw materials.
  • Buying machinery or equipment.
  • Marketing and advertising expenses.
  • Hiring staff or improving infrastructure.

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JessicaFincorp Loans, we specialize in government loan schemes and business financing. Our expert team simplifies the process, ensuring quick access to the funds you need.

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