Business Loan
Secured and Unsecured Business Loans
The main difference between a secured loan and an unsecured loan is whether the lender requires security.
A secured loan for your business requires security. This may be property, inventory, accounts receivables or other assets. If the loan can’t be met, the lender may rely upon these assets to clear the outstanding balance, interest or fees.
An unsecured loan for your business doesn’t require physical assets (such as property, vehicles or inventory) as security. Instead, your lender will often look at the strength and cash flow of your business as security.
Documents Required:
- Financials(3 Years Financials )
- ITRs(3 Years ITRs)
- Banking(1 Year Banking)
- Kyc(All Directors Kyc)
- Directors ITR(3 Years Directors ITR)
- Others(Others Documents)
Available Services: