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 (Secured Loan/Unsecured Loan) from Banks, 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 their operations, increase production and ultimately achieve their goals.
C. Secured Business Loan is a Loan that avail against a pledging an asset. It generally involves a longer approval period due to collateral security. However rate of Interest on said loan applicable lower than unsecured loan.
D. Unsecured Business Loan is a Loan that avail without any collateral security. Therefore lender considers cash flow cycle of Business to know about the repayment capacity before granting of Unsecured Loan. Its approval time is quick as less information is required. However it is bigger risk for lender due to absence of security. Further the rate of Interest on said Loan is also high in comparison with Secured Loan
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.