Berkshire, United Kingdom, February 13, 2017 --(PR.com
)-- After tasting success in the market, Konnect Financial has included unsecured business loans in its catalog of financial service for its clients. Within a week of the launch of this financial service, the company has received numerous applications for the unsecured business loan funding and the company’s Financial Advisors are in touch with them to understand their financial needs and accordingly prepare to sanction the loan to the clients.
According to Konnect Financial’s CEO, the company works a little different from the existing set of financial companies in the market. Following are the distinguishing factors:
· Paper Work
As per the Financial Advisor of Konnect Financial, while the banks and the existing financial companies have a tremendous amount of paperwork which leads to a huge turnaround time, Konnect Financial at the same time takes care of this issue. It has redefined the process of granting a loan to the clients and because of its streamlined process, it can complete the paperwork process in no time.
According to the Process Manager of Konnect Financial, the footfall of the clients have gradually increased for them purposely because of the reason that they do not believe in keeping the assets of the clients as security, looking out to avail the loan. The loan is granted to the clients without the security.
The relationship manager of the company shared that Konnect Financial’s Interest rates are lesser than the market rate. When asked for the reason, he explained that since the operational cost of the company is less, therefore lending the money at the lower interest rate is not an issue for them. Further, since the company has no defaulters in its portfolio, the loans are sanctioned at affordable interest rates to the clients.
· Turn Around Time
Unlike banks, the turnaround time for releasing the loan is much less at Konnect Financials, as per the CEO. After the submission of paperwork, the loan amount is released within a day so that the client can have, quick access to the capital.
· Credit History
Even if the credit history of the client is not good, the client still stands a fair chance to have access to the unsecured business loans
from Konnect Financials, as per the Public Relation Officer of the company. The financial house believes in transparency and has the vision to grow in double numbers year by year with the aim of minimal defaulter portfolio.