Loans-Secured / Unsecured
A. Loans (Secured Loan / Unsecured Loan) Services means a process of providing Loan Services to the Founders/Business Owners for obtaining Business Loan from Banks, Non-Banking Financial Company (NBFC), Financial Institution, Private Lenders etc.
B. One of the primary benefits of using a Business Loan is that it provides access to capital, which can be used to fund growth initiatives, invest in new equipment, or purchase of inventory, to expand business operations, increase production, etc.
C. Secured Business Loan is availed against pledging asset/s. It generally involves a longer approval period due to collateral security. However the rate of interest on the said loan is lower than the unsecured loan.
D. Unsecured Business Loan is availed without any collateral security. Therefore lender considers cash flow cycle of Business to know about the repayment capacity before approving the unsecured loan. However the rate of interest on the said loan is higher than secured loan as lender takes a higher risk in absence of any security.
Our Scope of Services:
- In detail discussion with the Founder/Business owner to understand the actual requirement /purpose of availing a Business loan.
- Upon receipt of initial Business information, suggesting type of Business Loan, Secured or Unsecured would be a best fit for Business
- We have tie-ups with some of the best Financial Institutions, Banks, NBFCs etc. who provide a wide range of Secured as well as Un-Secured Business Loan Accordingly the loan application file is being handed over to the selected Financial Institution, Banks, NBFC etc. for further processing & approval.
- Timely updates are being provided to Founders/Business Owners during the processing of the loan application and also a check is kept the Loan Sanction letter and Disbursement of the loan amount.