What are the categories of Business Loan? Business loan offered by the scheduled banks and NBFCs to self-employed professionals and self-employed non-professionals has two broad categories in form of secured…
Cash Credit is a short-term loan offered by banks for a maximum period of 12 months on renewal basis to the entrepreneurial entities like companies, sole proprietorship, partnership and LLP…
Overdraft meaning: Overdraft is a facility where an amount prefixed can be used by the user in excess of his/her or any firms available fund in the account maintained. For…
The concept of Equipment finance is considered to be a revelation from the perspective of all the business persons under MSME (Micro, Small and Medium Enterprise) sector which require constant…
In the dynamic landscape of Indian economy, the Government schemes for business loan in India for businesses are instrumental, serving as a lifeline to a diverse array of enterprises, including…
In the present banking world with dynamic economic environment, every entrepreneur who are having cash credit limit must stay ahead by means of securing the cash credit renewal in a…
Dropline overdraft and its categories: A dropline overdraft facility is a basically a term loan with the features of overdraft where the borrower can withdraw fund from the current account…
Every business of the modern day requires consistent cash inflows to run the daily operations. Therefore, only scheduled banks provide business owners with cash credit loans to preserve their smooth…
What is Business Loan without Guarantee? Business loan without guarantee is very similar to the business loan without collateral and security. Business loan without guarantee is provided to the self-employed…
A business loan is a credit facility provided by the schedule banks, non-banking financial companies and fintech companies registered under the Reserve Bank of India to facilitate the entrepreneurs in…