Loans

different types of working capital loans:

Short-term loans The short-term loan comes with a fixed payment period and rate of interest. This is a secured loan. However, depending on the credibility of your credit history and relation with the lender, you can secure this loan for no collateral as well. Credit line or Bank Overdraft Facility This is the most flexible working capital loan. The lender […]

Loans

What is a debt consolidation loan?

If you’ve got lots of different debts and you’re struggling to keep up with repayments, you can merge them together into one loan to lower your monthly payments.You borrow enough money to pay off all your current debts and owe money to just one lender. There are two types of debt consolidation loan Secured – where […]

Loans

Small business loans criteria?

First to know about small business loans, we need to know what actually a small business,Generally small business means private owned partnership forms or sole proprietoryships or corporationsWhere a business should not exceed 20 lakhsIn some states it may be around 25 lakhs also Which category business comes under small business loans Now a days […]