BUSINESS LOANS

A business loan is a kind of financing you can avail of to meet the urgent needs of your growing business.  If you need funding to expand your existing business, buy machinery, or boost production, look no further than our service for the best assistance in getting the exact loan amount at the right time. 
Avail financing at attractive interest rates, borrow capital without pledging any of your assets and get access to credit that can be repaid over a specific period of time.

SECURED BUSINESS LOANS

LOAN AGAINST PROPERTY

 

A sudden requirement of funds is an unavoidable circumstance of business or personal life. Whether a personal necessity (hospitalization, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments. An emotionally difficult decision for you. Your property is one of your greatest assets. It also holds the key to make your dreams come true. So you don't have to wait to turn them into reality.

 

Purpose: General Purpose like the purchase of property, marriage, Education, Holiday, business investment, any other activity, except investment speculative & illegal activities

Eligibility: Individual, Proprietary Firm, Partnership Firm, Limited Liability Partnership, Company, Trust

OVERDRAFT AGAINST PROPERTY (OD)

The assessment is the same as Loan against property. However, the operative limit gives you the liberty to deposit & withdraw, which helps you to save interest in case of excess funds.

 

Purpose: General Purpose like the purchase of property, marriage, Education, Holiday, business investment, any other activity, except investment speculative & illegal activities

Eligibility: Individual, Proprietary Firm, Partnership Firm, Limited Liability Partnership, Company, Trust

LOAN AGAINST SHARES (LAS)/MUTUAL FUNDS 

Another way to procure a loan is through LAS (loan against security). A loan against shares would fall under this category. The loan is granted when you pledge your shares to the bank. More and more banks are offering this option now and also expanding the financial assets that can be used as a LAS option. These shares are very liquid, from high-quality companies, and highly valued securities. The amount depends on the valuation of shares, margin allowed by the bank, and your past credit history.

 

Purpose: General purpose Purchase like Purchase of property, marriage, Education, Holiday, business investment, any other activity, except investment speculative & illegal activities

Eligibility: Individual, Proprietary Firm, Partnership Firm, Limited Liability Partnership, Company, Trust

LEASE RENTAL DISCOUNTING

Now you can raise a term loan against the rent for personal or business intents. This loan is known as Lease Rental Discounting (LRD) and is approved against the discounted rentals of the property and its current market value.

 

Purpose: General Purpose like the purchase of property, marriage, Education, Holiday, business investment, any other activity except investment speculative & illegal activities.

Eligibility: Individual, Proprietary Firm, Partnership Firm, Limited Liability Partnership, Company, Trust

UNSECURED BUSINESS LOANS

Unsecured loans include things like credit card purchases, education loans, or personal (signature) loans. Lenders take more of a risk by making such a loan, with no property or assets to recover in case of default, which is why the interest rates are considerably higher. 
When you apply for a loan that is unsecured, the lender believes that you can repay the loan on the basis of your financial resources.

Purpose: General business purpose except for investment speculative & illegal activities 

Eligibility: Proprietary Firm, Partnership Firm, Limited Liability Partnership, Company

306, Business Court, Ring Road,  off Jogging Track,  Govind Nagar, Nashik - 422009 ask@truemoneymitra  |   0253 2471 399 | 2471 769

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