Business loans to fulfill capital needs tend to have a streamlined application procedure. Furthermore, NBFCs usually approve and disburse such loans in a matter of hours.
Therefore, companies suffering from a sudden financial emergency can easily approach lenders with an application, ensuring fast access to cash. Bajaj Finserv, for instance, offers hassle-free funding to businesses within 24 hours of application.
The NBFC also provides pre-approved offers to simplify the process of availing a loan, also making it quicker.
These offers are available on an array of financial products like business loans, credit cards, personal loans, and much more. Individuals can check their pre-approved offers by simply providing their name and phone number.