PME MAGAZINE

PME MAGAZINE

Loans Overview

 

Almost all the banks and other financial institutions are offering a number of innovative loan schemes to meet the unique needs of Small and Medium Enterprises. According to the needs of your own business you can choose from various options like.

 

Short term loans (up to two years) for different short term requirements of your business.

 

Medium term loans (more than two years to eight years) for various other financial needs of the business.

 

Long term loans (more than 8 years up to 15 years) for meeting the specific long term needs of the business.

You can also choose from Secured or Unsecured mode of financing, where secured loans can be availed with lower interest rates and other facilities, due to collateral factor, unsecured loans can be availed even without security but with a higher rate of interest. These loans can be availed for different purposes of the business such as,

Investment in fixed assets, plants and machinery,sheds,building furniture.
Acquisition of any commercial property or expansion.
Any medium or long term financial requirements.
Increasing the capacity of the existing units.
Setting up of new units modernization or diversification.
Repayments of secured or unsecured loans of other banks or financial institutions.
Project implementation to meet long term expenses or any other similar genuine business requirement of your enterprise.

 

Benefits of Loans

 

Timely and adequate finance for the business.
Adequate time to develop the business since flexible repayment periods are offered.
Competitive and flexible interest rates which gives greater value for your money.
It allows you to preserve your cash and working capital which can be utilized to find newer business opportunities.
A quick, easy, application and approval process enables you to take critical financial decisions in your business.


30/10/2010
0 Poster un commentaire

Inscrivez-vous au blog

Soyez prévenu par email des prochaines mises à jour

Rejoignez les 57 autres membres