Best Short Term Loan Providers in Ahmedabad
Short term loans are a form of credit which are essential for small needs and requirements be it travel, an occasion or just to clear a high interest debt. Cashkumar provides an option to obtain short term loan in Ahmedabad through a peer to peer lending service. The P2P model lets borrowers with small requirements to obtain funds from other individuals and pay back in easy instalments with a facility to pre-close.
Ahmedabad as a city is at the forefront of business, commerce and industry in India housing a large population of salaried individuals. Short term loans provide a great alternate credit option for these individuals with varied profiles and different requirements. The quantum of loan offered by Cashkumar is between Rs. 20,000 to Rs. 1 lakh and the tenure is between 3 to 12 months with a flat and fixed rate of interest. Individual lenders from across the country pledge amounts as per their appetite and earn interest on their investment from borrowers.
While processes are part and parcel, short term finance though Cashkumar’s peer to peer lending in Ahmedabad is faster as most of it is done online through the use of technology. The processing times are faster as compared to conventional loan providers and a lot more flexible. Salaried individuals looking for a small amount and a quick loan can apply instantly by registering on the site and uploading their documents. A short term loans through peer to peer finance is especially helpful for the following situations:
- Inability to get a loan from a bank as the amount is small
- Loan declined by a bank due to lesser salary
- Loan not granted by banks as company is unlisted
- Need to repay loan quickly without foreclosure charge
- Inability to get a loan because of zero or low cibil score or credit score
Salaried individuals in Ahmedabad looking for a fast and effective loan service can avail a P2P loan through Cashkumar for a 3 month, 6 month or 12 month tenure. With recognition from the government, peer to peer lending is poised to become a major source of alternate lending benefitting borrower and individuals interested in lending. A short term loan through Cashkumar, with highly responsive team, is a great source of funds to tide over specific needs for funds. Call us now for more details or register for a loan by filing in your details on the form.