Get the Best Term Loan to set up / expand your Industrial Unit
Particulars | Term Loan | Working Capital Loan |
---|---|---|
Purpose | Business expansion, Purchase of equipment / machinery or Renovation of office. | To manage the Cash Crunch and Working Capital Needs. |
Duration | Long Term Loan, duration is more than 1 year. | Short Term Loan, duration usually is 1 year. |
Amount | Involves higher Loan Amount. | Depending on Business Turn Over. |
Repayment | Longer Repayment Tenures. | Flexible Repayment Tenures. |