About the Loan:- Cash Credit Loan is basically a cash loan which is provided to any business entity or company so as to meet it’s financial requirements, thus minimizing the working capital gap. This source of finance is facilitated for a short term for about 12 months. Any company which goes for such loans can withdraw the money from the bank account whenever it is required within the fixed withdrawal limit. For the grant of
April 30, 2019
Commercial Loan Tips for Small Business Owners
With the growth of the business, utilizing a loan can turn to be a great move in the betterment and further progress of the business. This is particularly because every business entity requires to spend more, for more profit. But, managing or availing commercial loan can be quite challenging. As a lender looks at your application for loan, they pay attention to certain crucial components. It may include a cash flow analysis to check whether
April 27, 2019
How Balance Transfer of Home Loan is Beneficial for You?
What is Balance transfer of home loan? It can be defined as an important financial tool that can help to minimize the burden of EMI’S. It is usually initiated when the complete unpaid principal loan amount is transferred from one to another lender for a lower rate of interest. These lenders may be banks, other financial institutes etc. Generally, all the banks offer such facilities. If one is capable of paying the EMI’s regularly, then
What is Overdraft and Loan? An Overdraft can be described as a changeable amount of borrowing that has been agreed by the bank on a certain set limit. It allows you to borrow money whenever you wish to. This is what makes it ideal for the short term financial situations, such as immediately required purchases or expenses. You are required to pay interest on the amount borrowed only. A loan is not variable and it
Financial crisis or upheaval is sure to occur and tamper life at one point or the other. Our list of to-do tasks keeps increasing and we are often perplexed with the thought of where to get money from? It is in such grave situations that availing personal loan is the only option that is left. In some cases, you might think of selling the property in your name, why does that when you can instead