Types of Working Capital Loans
Every businessman dreams of expanding his business but does not have the money to invest in the business. Because in starting the business, his savings are fully invested. To increase investment in business and to expand the business, we should take a business loan. Business loan also advantage of tax benefits.
•Business Line of Credit: Similar to a credit card; you draw and repay funds up to a limit, paying interest only on the amount you use.
•Overdraft / Cash Credit (CC): Allows you to withdraw money from your business bank account past your actual balance up to an agreed-upon sanctioned limit
• Invoice Financing / Bill Discounting: Lenders provide an advance based on the value of your outstanding, unpaid invoices, giving you immediate cash flow.
• We are present to our clients the best deal from India's top Banks and NBFCs
• Short-Term Term Loan: A lump sum borrowed from a bank or NBFC, repaid over a fixed tenure