In addition to your own sourced funds, there may be other requirements for additional working capital. With the aid of corporate loans from FinDynamics Corporate Business Loan Services India, you could take care of your long-term, high- risk, and even short-term expenses. This could be related to your machinery, research, infrastructure, logistics, and any expansion plans.
In case, you have already invested in mutual funds, demat stock shares, and even insurance policies, they can be placed against a loan and you can apply for a loan for your corporate purposes. With a 12 month tenure period, you will need to make arrangements for repayments.
These have both floating and fixed interest rates, and they are great for those who need finance to purchase machinery, get better technology or even revamp the infrastructure. You can choose a comfortable repayment schedule too.
Depending on the nature of your business, you can avail of cash credit from us by pledging any inventory or corporate connected receivables at your end. You can get almost 80% of the value of the assets pledged for the period of 12 months.
A credit option is when a seller guarantees that you will pay back a certain loan in a stipulated time period. In case, you are not able to do so, the bank will take the necessary steps to pay the outstanding dues based on certain clauses.
Depending on the securities that you have pledged, you can use bank overdraft. The interest will be calculated only on the amount taken. However, the bank is allowed to ask for repayment at a quick notice.