Fintech brand NBFC Perst Loans begins operations in Rajasthan
The company offers online loans to small businesses and the MSME segment. According to the sources, the new office of Prest Loans would open in Jaipur at F-26, 2ndfloor, Gautam Marg, Amrapali Circle, Vaishali. The location was favored because the demand for loans in the region would be higher.
“Plans for the development of operations in Jaipur, Rajasthan have been initiated by very encouraging demand from this region from a variety of companies. Jaipur is a fast growing place where we have seen commerce, industry and services develop better than many other places. The neighboring area around Jaipur is experiencing unprecedented demand for credit. The opening of the new Prest Loan office is an important step towards achieving our goals, ”said Ashok Mittal, CEO and Founder of Prest Loans.
The branch is the first of several crucial business milestones taken during the current fiscal year.
Through its new branch, Perst Loans will enable its clients in Rajasthan to benefit from services such as unsecured business loans up to three years, secured business loans (with collateral) with short term validity of up to five years. and long-term secured (collateralized) business loans up to 10 years.
Ashok Mittal, a well-known commodities and financial markets expert recently took over the New Delhi-based company NBFC Lord Krishna Financial Services Ltd. and relaunched it under the Fintech NBFC name “Perst Loans”.