Overview
In the fast-paced world of business, unexpected challenges can arise at any time — from equipment breakdowns and regulatory compliance costs to natural disasters and market disruptions. Such unforeseen events can place an immediate strain on financial resources, threatening business continuity if not addressed promptly. Ensuring your business has access to emergency funding is essential for maintaining operational stability during times of crisis.
At BiggPocket, we understand that businesses need a financial safety net to navigate these challenges without compromising growth or daily operations. Our Emergency & Contingency Funding solutions provide quick access to unsecured loans, enabling businesses to manage unforeseen expenses and keep operations running smoothly.
Purpose
The purpose of BiggPocket’s Emergency & Contingency Funding solutions is to help businesses manage financial shocks effectively. Our financing is designed to:
Cover Unforeseen Expenses
Provide immediate funds to manage sudden costs such as equipment repairs, regulatory compliance fees, or unexpected vendor payments.
Maintain Business Continuity
Ensure uninterrupted operations by addressing disruptions or emergencies without depleting working capital.
Support Crisis Management
Provide financial resources to handle natural disasters, market downturns, or other unexpected challenges.
Safeguard Cash Flow
Prevent the need to dip into essential cash reserves, maintaining healthy liquidity for core business functions.
Our goal is to help businesses weather the storm, ensuring resilience and stability during challenging times.
BiggPocket Solution
At BiggPocket, we offer unsecured emergency funding solutions tailored to provide quick financial support when you need it the most. Our financing options are built to ensure that your business can tackle emergencies without the need for collateral.
Quick Access to Funds
Fast loan processing and disbursement to help you address urgent expenses promptly.
Collateral-Free Loans
No need to pledge assets, allowing you to preserve valuable resources during emergencies.
Flexible Repayment Terms
Customizable repayment schedules that align with your business’s financial recovery timeline.
Competitive Interest Rates
Cost-effective interest rates designed to minimize the financial burden during tough times.
Dedicated Support
Expert financial advisors provide guidance to help you make strategic financial decisions.
With BiggPocket, businesses gain a reliable financial partner that offers peace of mind during unexpected situations.
Eligibility
Our Emergency & Contingency Funding solutions are designed to provide timely financial support to a wide range of businesses. Eligibility is based on the following criteria:
Business Type
Open to MSMEs, startups, and established enterprises across various industries.
Operational Tenure
Minimum of 1–3 years of consistent business operations to demonstrate business stability.
Financial Health
A positive financial history and stable turnover to reflect the ability to repay the loan.
Credit History
A healthy credit score improves the chances of loan approval and favorable terms.
Our eligibility process ensures that businesses with genuine emergency funding needs receive quick financial support.
Loan Limits
Our loan limits are designed to provide sufficient financial relief during emergencies while maintaining flexibility and affordability.
Loan Amounts
Determined based on the nature of the emergency, business financial profile, and repayment capacity.
Repayment Tenure
Flexible repayment terms ranging from 6 to 36 months, depending on the urgency and repayment ability.
Interest Rates
Competitive interest rates tailored to reflect the business’s financial health and market conditions.
At BiggPocket, we ensure businesses have the financial resources needed to navigate unforeseen challenges with confidence.
EMI Calculator
Effective financial planning is crucial even during emergencies. Our EMI Calculator helps businesses manage repayment obligations by:
Estimating Monthly Payments
Get a clear breakdown of monthly installments based on loan amount, interest rate, and tenure.
Optimizing Repayment Schedules
Adjust repayment timelines to align with business recovery and cash flow cycles.
Making Informed Decisions
Gain insight into repayment obligations upfront, promoting financial stability during uncertain times.
Our BiggPocket EMI Calculator provides businesses with the clarity needed to manage financial recovery confidently.
Calculator Information
The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.
Calculator Assumptions
Length of Month
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.
Number of Weeks or Fortnights in a Year
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
Rounding of Amount of Each Repayment
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.
Rounding of Time Saved
The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.
Amount of Interest Saved
This amount can only be approximated from the amount of time saved and based on the original loan details.
Calculator Disclaimer
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Feel free to use our Equipment Finance Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
| Period | Payment | Interest | Balance |
|---|---|---|---|
| 1 | -₹853.79 | ₹37.50 | ₹9183.71 |
| 2 | -₹853.79 | ₹34.44 | ₹8364.36 |
| 3 | -₹853.79 | ₹31.37 | ₹7541.94 |
| 4 | -₹853.79 | ₹28.28 | ₹6716.43 |
| 5 | -₹853.79 | ₹25.19 | ₹5887.83 |
| 6 | -₹853.79 | ₹22.08 | ₹5056.12 |
| 7 | -₹853.79 | ₹18.96 | ₹4221.29 |
| 8 | -₹853.79 | ₹15.83 | ₹3383.33 |
| 9 | -₹853.79 | ₹12.69 | ₹2542.23 |
| 10 | -₹853.79 | ₹9.53 | ₹1697.97 |
| 11 | -₹853.79 | ₹6.37 | ₹850.55 |
| 12 | -₹853.79 | ₹3.19 | ₹0.00 |
CIBIL Score for Solutions for Business
A strong CIBIL score is a key factor in determining loan approval and favorable terms. At BiggPocket, we help businesses understand how their credit score impacts financing options and offer guidance on improving it.
Why CIBIL Matters
A higher credit score reflects responsible financial behavior, increasing approval chances.
How to Improve Your Score
Timely repayments, maintaining low credit utilization, and responsible borrowing practices.
Impact on Loan Terms
A good CIBIL score translates to lower interest rates and more flexible repayment options.
We help businesses enhance their CIBIL scores, unlocking better financial opportunities.
Apply Now
When unexpected challenges arise, having quick access to emergency funds can make all the difference. BiggPocket’s Emergency & Contingency Funding solutions provide timely financial support so you can tackle unforeseen expenses without halting operations.
Simple Application Process
Apply online through our user-friendly platform or visit our branch.
Minimal Documentation
Our tailor-made process ensures a quick and smooth application.
Quick Approvals
Fast processing ensures you get timely access to funds when you need them the most.
Expert Guidance
Our financial advisors provide support throughout the loan process.
Secure your business with BiggPocket — Where Stability Meets Resilience
Home Loans FAQs
We recognize that emergency funding decisions often come with many questions. Our FAQs section provides clarity by addressing common concerns:
Our FAQs section ensures businesses have the information they need to make informed borrowing decisions.
