Need Business Loans - How Much Can I Get?
Finance & Accounting
485 week ago — 1 min read
Raising capital is an integral part of starting a small business. Banks have also expanded their loan options to SMEs by regularly updating their products and services. Majority of banks extend business loans but the interest rates and features vary across banks. Business loans can be applied for a variety of requirements such as starting a new business venture, business expansion, vendor and dealer financing, bill discounting etc.
To get a business loan, banks usually demand collaterals against the money that has been given to the company. There are collateral free options which fall under CGTSME for Micro and Small Enterprises, where banks provide loans up to 1 crore to companies fulfilling a set criteria.
Posted by
GlobalLinker StaffWe are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
Network with SMEs mentioned in this article
View GlobalLinker 's profile
SME Inspirations
Most read this week
Comments (1)
Please login or Register to join the discussion